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Latest Asia Oil & Gas News

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  • WTI is losing its glitter as a global oil price measure 4 Nov 2009 02:50 GMT
    ... is losing its glitter as a global oil price measure Published: November 4 2009 02:00 | ... customers have been happy with using WTI crude as their yardstick, even though it is ... Canadian oil output rose and as new pipelines brought more oil from Canada to the ...

  • The story of gas (5) 4 Nov 2009 00:13 GMT
    ... Still, it is natural gas from Central Asia and the Caspian that ... after all, is politics rather than just fuel. A prime geographic location is another gift ... part in the construction of the Trans-Anatolian oil pipeline to connect Samsun in northern Turkey ...

  • Rome joins big game for Turkmen gas 4 Nov 2009 08:55 GMT
    ... opportunities," he said. Eni is Italy's leading oil and gas company operating in 70 countries worldwide, including Russia, ... on the international energy market. A gas pipeline to China will be put into operation ...

  • SE Asia Stocks-Mostly rebound, Malaysia at 1-week high 4 Nov 2009 11:14 GMT
    ... in stock rumour probe Thailand's 2009 rubber exports may drop 3 pct - govt Manila ... to inflation view Singapore Exchange to launch fuel oil futures in Jan Chartered's shareholders approve Abu ...

  • Asia stocks rise as China growth forecast upgraded 4 Nov 2009 06:33 GMT
    ... way with gains of about 2 percent. Oil prices held above $79 a barrel, while the dollar was little changed against ... after a sharp rise overnight, with benchmark crude for December delivery down 20 cents to $79.40 ...

  • Africa Oil Week 2009 Promises to Deliver Insight into Exploration and Development in Africa for 4 Nov 2009 05:34 GMT
    ... Africa Oil Week 2009 Promises to Deliver Insight into Exploration and Development in Africa for the Global ... Africa for the Global Oil Exploration and Gas-LNG Sectors /EIN Presswire/ 16th Africa Oil Week ...

  • Asia Stocks Rise As China Growth Forecast Upgraded 4 Nov 2009 06:30 GMT
    ... forecasts for China's economy and stronger commodities prices lifted the region's powerhouse resource companies. Every ... way with gains of about 2 percent. Oil prices held above $79 a barrel, while the dollar was little changed against ...

  • Asian markets rise amid stronger commodity prices, China growth upgrade; HK up nearly 2 pct 4 Nov 2009 06:35 GMT
    ... forecasts for China's economy and stronger commodities prices lifted the region's powerhouse resource companies. Every ... way with gains of about 2 percent. Oil prices held above $79 a barrel, while the dollar was little changed against ...

  • UPDATE 1-LUKOIL to expand Asia oil products trade H1 2010 4 Nov 2009 10:34 GMT
    ... in this region, especially in naphtha and fuel oil, by first-half 2010, said Litasco CEO Gati ... he said adding that he expects global crude benchmarks to average at $60-70 a barrel ...

  • UPDATE 1-Socar eyes Italy plant stake; to up Asia term sales 4 Nov 2009 06:00 GMT
    ... SINGAPORE, Nov 4 (Reuters) - Azerbaijan's state oil company Socar plans to take a "substantial" stake ... proportion of term exports of Azeri Light crude to Asia, its chief executive said on ... on the sidelines of the Asia Pacific Petroleum Conference (APPEC). "We will like to get ...

  • UPDATE 2-Socar eyes Italy plant stake; to up Asia term sales 4 Nov 2009 10:03 GMT
    ... SINGAPORE, Nov 4 (Reuters) - Azerbaijan's state oil firm Socar plans to take a "substantial" ... proportion of term exports of Azeri Light crude to Asia, its chief executive said on ... investment value. Last month, Italian oil and gas group Eni ( ) said it was in ...

  • Shawcor Ltd. Announces Third Quarter 2009 Results 4 Nov 2009 00:51 GMT
    ... in an international environment, servicing predominantly the oil and gas industry, ShawCor faces a number of business risks ... and Pipe Services $273,262 $323,347 $837,101 $838,125 Petrochemical and Industrial 29,916 34,246 89,334 108,968 Intersegment ...

  • Socar to raise Azeri crude term exports in 2010 4 Nov 2009 05:00 GMT
    ... SINGAPORE, Nov 4 (Reuters) - Azerbaijan's state oil company Socar will raise the proportion of Azeri Light crude exports under term contracts to 80-85 percent ... on the sidelines of the Asia Pacific Petroleum Conference (APPEC). Golovushkin also said Socar plans ...

  • THE APOCALYPSE OF ARMENIA ´THE PROTOCOLS´ The Coming Germ/Biological Warfare by Turkey 4 Nov 2009 05:12 GMT
    ... and the Armenians of Diaspora are in turmoil on the question as to accept or ... ties with Iran and Russia. Building a petroleum refinery in Armenia, financed by Iran will ... these Aryan nations for the oil and gas that can be obtained. Russia will be rendered ...

  • ZCL Composites Reports Third Quarter 2009 Financial Results 4 Nov 2009 03:54 GMT
    ... still owned and operated by the larger oil and gas and convenience store companies. In the US, ... corrosion are advances in the use of biofuels which create a more corrosive environment, as ...

  • ZCL Composites Reports Third Quarter 2009 Financial Results (CNW) 4 Nov 2009 03:34 GMT
    ... still owned and operated by the larger oil and gas and convenience store companies. In the US, ... corrosion are advances in the use of biofuels which create a more corrosive environment, as ...

  • BUSINESS IN BRIEF 4/11 4 Nov 2009 10:52 GMT
    ... with the slowdown in economic activity, lower oil prices and various tax breaks included in ... despite the sharp increase in food and fuel prices through the first half of 2008, followed ... on Nov. 3 to seek partners and explore each other’s markets. At the meeting, Director ...

  • HK Hot Stocks - Li & Fung, PetroChina, gold miners up 4 Nov 2009 03:34 GMT
    ... on the stock to 'neutral' with a target price of HK$10.10 a share, as PetroChina is expected to benefit before other oil firms from gas price reform in the * China Unicom rose 2.96 percent. China's No. 2 mobile carrier ...

  • China: U.S. partner, or rival? 4 Nov 2009 04:31 GMT
    ... 2050 4: China is the world's biggest exporter, recording a trade surplus in the last ... some extent even Canada which has valuable oil shale and other raw materials. 8: A huge ... economies of South East and North East Asia, in a way that reminds some of ...

  • GLOBAL MARKETS-Dlr edges down, Asia stocks up before Fed 4 Nov 2009 03:34 GMT
    ... central bank meetings that kept investors wary. Oil fell for the first time in three days ... hit an all-time high of $1,087.45. U.S. crude oil futures fell for the first time in ... days on Wednesday, heading towards $79 a barrel after industry data showed a larger than ...

  • RPT-GLOBAL MARKETS-Dlr edges down, Asia stocks up before Fed 4 Nov 2009 05:18 GMT
    ... as Seoul boosted by bank results * Oil edges lower after Tuesday surge; gold down TOKYO, ... an all-time high of $1,087.45. [GOL/] U.S. crude oil futures fell for the first time in ... days on Wednesday, heading towards $79 a barrel after industry data showed a larger than ...

  • Asian stocks edge higher ahead of Fed decision 4 Nov 2009 08:45 GMT
    ... the Federal Reserve that kept investors wary. Oil fell for the first time in three days ... an all-time high of $1,087.45. U.S. crude oil futures fell for the first time in ... on Wednesday, inching down toward $79 a barrel after industry data showed a larger than ...

  • Dollar edges down, Asia stocks up before Fed 4 Nov 2009 06:30 GMT
    ... central bank meetings that kept investors wary. Oil fell for the first time in three days ... an all-time high of $1,087.45. U.S. crude oil futures fell for the first time in ... days on Wednesday, heading toward $79 a barrel after industry data showed a larger than ...

  • LUKOIL to expand Asia oil products trade H1 2010 4 Nov 2009 06:33 GMT
    ... in this region, especially in naphtha and fuel oil, by first-half 2010, said Litasco CEO Gati ... on the sidelines of the Asia Pacific Petroleum Conference (APPEC). (Reporting by Seng Li Peng; ...

  • Baker Hughes Q3 Profit Tumbles - Update 4 Nov 2009 10:58 GMT
    ... 04, 2009; Posted: 05:34 AM (RTTNews) - Oil field services company Baker Hughes Inc. ( ... said the gradually increasing trend of the gas-directed drilling in North America will likely continue through ...


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