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Shanxi proposes to set coal resource tax at 8%

The measure of levying coal resource tax based on prices, planned to be in place on December 1st, has to be postponed for several days. Shanxi province decided to slap an 8% resource tax on

December 04, 2014

Indonesia to sign sales, refinery agreements with CNOOC, Saudi Aramco next week

Indonesia expects to sign agreements with China's CNOOC Ltd, Saudi Aramco and two other oil companies next week covering direct oil sales and refinery investments in Southeast Asia's largest

December 04, 2014

China Coal raises coal prices for December sales

China Coal lifted prices for Pingshou IV coal by CNY12/mt, and those for the other coal varieties by CNY15/mt, a source with the company told the reporter. Additionally, it will continue to

December 03, 2014

Shenhua lifts coal prices despite headwinds; peers to follow suit

With the annual negotiation over medium and long-term coal supply contract between coal plants and power plants pending, Shenhua Group raised seaborne-traded steam coal prices by another CNY

December 03, 2014

01 December 2014 - Mitsui will take part to 12 gas-fired projects in Thailand (1.5 GW)

Japanese industrial group Mitsui has reached an agreement with Gulf Energy Development (GED) on the joint development of twelve gas-fired CHP plants in Thailand.

December 02, 2014

Oil hits five year low, emerging stocks hammered

Oil hits five-year low, leads commodities rout Rouble, ringgit among emerging FX hurt by oil Europe shares fall, hit by oil firms, miners Moody's cuts Japan's credit rating

December 02, 2014

01 December 2014 - Pakistan negotiates with Qatar on LNG supply as of 2015

Pakistan is holding talks with Qatar to start LNG imports from the Emirate as early as 2015. The first LNG regasification terminal of the country, a 5.1 bcm/year

December 02, 2014

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