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News // Asia

China To Strike a Second Biggest Contract with Iran

If the deal goes through, it will be the second big oil and gas contract with Iran
28 February 2008 , 15:476220

India Likely to Privatize Oil Oil Fields

The Parliament is likely to sell old oil fields to private oil companies
28 February 2008 , 13:247380

UAE's Dana Petroleum Announced Record Production

The energy company said the average full-year oil and gas production showed 37 pct growth
28 February 2008 , 11:116300

Thai Oil Expects Profit Growth

Thai Oil, the country's top oil refiner, said on Wednesday it expected continued earnings growth in 2008
27 February 2008 , 10:476400

China Begun Charging Fuel Consumption Tax

April 2006, but has allowed a 70 percent cut for both products since then
20 February 2008 , 11:198610

Papua New Guinea Oil Firm's Annual Profit Dropped

Oil Search Ltd has reported its first drop in annual profit in five years but says its core oil business in Papua New Guinea
19 February 2008 , 09:125010

80 Percent of Bangladesh Gas Supplying State Giant Took Bribes

The company's workers took millions of dollars in return for undercharging thousands of factories and homes for years
30 January 2008 , 11:146310

Pakistan, India Both Keen on Constructing Multibillion Gas Pipeline

Pakistan and India are in talks about a gas pipeline project between
30 January 2008 , 10:4511470

Uzbekistan Increase Gas Price For Asian Neigbors and Russia

Uzbekistan also asked Moscow to pay more
17 January 2008 , 12:189370

Japan's Oil Output Rose

Crude oil imports in Japan climbed by 7 percent on year in November to 20.90 million kiloliters
28 December 2007 , 09:215250

China To Import More and More Oil

China has faced fuel shortages since October
27 December 2007 , 11:055520

Chinese First Oil Reserve Filled

China said Wednesday its first national oil reserve base has been filled with crude oil
20 December 2007 , 10:498000

Gazpom Found Another Gas Export Consumer

Russian gas monopoly Gazprom and South Korean gas corporation Kogas are in talks on possible supplies...
14 December 2007 , 10:136870

CNOOC DEvelops Bohai bay to Make It The 2nd Largest Field

The number of producing oil fields in Bohai is likely to jump from its current 28 over the next few years
06 December 2007 , 11:485700

China Offers Rebates to Oil Firms to Ease Refineries Losses

The Chinese government will begin to offer oil firms profit rebates and suspend oil import duties to subsidize..
06 December 2007 , 10:047810

India: US Doesn't Press Us for Joining Iran Gas Pipeline

The US has not put any pressure on India on its joining the proposed Iran-Pakistan-India gas pipeline project
29 November 2007 , 09:586020

Chinese Oil Firms Work as hard as They Can According to Government's Command

The oil supply on the Chinese market will soon return to normal as China's major oil producers and local governments take concrete measures
28 November 2007 , 08:506160

Chinese Authorities Ordered Oil Companies to Supply Fuel-Starving Countries

The companies have also been instructed to cooperate with independent refiners in supplying crude oil and buying oil products
27 November 2007 , 13:425070

Bahrain, Qatar to Construct Pipeline

Bahraini Foreign Minister Sheikh Khalid bin Ahmed bin Mohamed Al Khalifa has voiced hopes
26 November 2007 , 11:506340

Vietnam Hiked Fuel Prices

Without the price hike, losses of trading enterprises would have spiralled...
23 November 2007 , 13:566010