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China Oct.-end crude oil stocks slid 0.73%

China's crude oil inventories, excluding reserve inventories, at the end of October edged down 0.73% from a month earlier; gasoline, diesel and kerosene stocks slid 5.88% month on month, of

December 05, 2014

China released formal estimate of strategic petroleum reserves for the first time

The National Bureau of Statistics said on November 20 that the first stage in building its strategic reserves has been completed, with the crude oil reserves up to 12.43 million mt, about 91

December 05, 2014

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

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