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China, Taiwan & Hong Kong Oil & Gas News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about China, Taiwan & Hong Kong Oil & Gas.
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Latest China, Taiwan & Hong Kong Oil & Gas News

  • The Forgotten South Caucasus: Where Oil and Water Mix 3 Jul 2009 23:43 GMT
    ... > / The Forgotten South Caucasus: Where Oil and Water Mix The Forgotten South Caucasus: ... for drinking — all of which have fueled the chronic political instability in the region. ... clear pro-Western and –NATO orientation, Armenia and gas-rich Azerbaijan remain undecided between their traditional friendly ...

  • Air Force pilots relish tricky firefighting runs 3 Jul 2009 22:51 GMT
    ... Saturday: Regular LA staff monitors and will alert ... haul tanks and soldiers, not thousands of gallons of pink fire retardant. As wildfire season ... that has long relied on its hotels, gas stations and restaurants. Limon, nearly destroyed by a ...

  • Quite World Markets; BaWang IPO in HK 3 Jul 2009 22:50 GMT
    ... unchanged. Retailers in Japan fell on weak sales. World markets closed nearly unchanged after crude oil and base metal prices declined in London trading. Ahead of earnings season in less than a week investors ...

  • TSX manages small gain 3 Jul 2009 22:31 GMT
    ... the week flat as investors weighed weak oil prices with good news out of the base ... trading, losing $1.10 (U.S.) to $65.63 a barrel and weighing down the small gain on ...

  • Media Digest 7/3/2009 Reuters, WSJ, NYTimes, FT, Bloomberg 3 Jul 2009 22:30 GMT
    ... next week. WSJ:   Asia banks face rising prices if they stimulate economies too much. NYT:   ... was blamed for a big spike in oil prices. FT:   US advertisers are trying to avoid ... talking with oil company Reposal about buying crude joint ventures. ...

  • Gold Ends Week Down Nearly 1% 3 Jul 2009 22:12 GMT
    ... generally benefit from such a scenario, and oil and gold in particular," says Stöferle, who first ... Bank today. "The US Fed has essentially exported its loose monetary policy to the rest ... of depression and debt deflation – consumer prices fell in May at their fastest pace ...

  • What's Happening in Crude Oil? 3 Jul 2009 22:12 GMT
    ... The Macro Trader’s view: The rally in oil from the beginning of the year always looked ... plentiful, a rally of around $25 a barrel in two months seemed excessive. We argued ... is truly in recovery mode long-term oil prices will rise, and the previous high may ...

  • Opec Satisfied' with Current Crude Price 3 Jul 2009 22:12 GMT
    ... BEIJING - Opec is “satisfied” with the current oil price, Opec President Jose Maria Botelho de ... of $73.23 on June 11, on speculation fuel demand will rebound. Opec is unlikely to change ...

  • TSX closes flat 3 Jul 2009 21:51 GMT
    ... the week flat as investors weighed weak oil prices with good news out of the base ... was down 61 cents to $55.35 while Petro-Canada (TSX: The gold sector was flat as ...

  • Eager to Tap Iraq's Vast Oil Reserves, Industry Execs Suggested Invasion 3 Jul 2009 21:50 GMT
    ... Two years before the invasion of Iraq, oil executives and foreign policy advisers told the ... director; John Manzoni, regional president of British Petroleum; and David O'Reilly, chief executive of ChevronTexaco. ... capture of new and existing oil and gas fields." [The New Yorker, February 16, 2004] By ...

  • Toronto stock market closes flat on low trading volume; New York closed (Dollar-Markets) 3 Jul 2009 21:32 GMT
    ... the week flat as investors weighed weak oil prices with good news out of the base ... was down 61 cents to $55.35 while Petro-Canada (TSX:PCA) lost 40 cents to $41.58. The ...

  • Is Iran The Missing Link of The Evolution of a Global Middle East? 3 Jul 2009 21:31 GMT
    ... consolidate its political power. Using countries growing oil-based revenues this task  was not too difficult ... the country.  This short-cut policy of paying petroleum-dividends in form of subsidies and cash salaries ... East. Unlike the societies of Gulf Emirates, China and other countries for whom the globalization ...

  • The food rush: Rising demand in China and west sparks African land grab 3 Jul 2009 21:31 GMT
    ... poorest to satisfy insatiable appetites for and fuel. In the new scramble for Africa, nearly 2.5m ... climate in some African countries. In fact China, well known for its interests in minerals and oil, appears to be one of the more ...

  • China, India in Opposition to Proposed US Carbon Tariffs 3 Jul 2009 21:30 GMT
    ... China, India in Opposition to Proposed US Carbon ... over possible carbon tariffs being imposed on exports, stating that the move would represent a ... making the same effort to cut greenhouse gas emissions as their international peers. The US, Canada ...

  • CANADA STOCKS-Teck equity sale pushes TSX to higher close 3 Jul 2009 21:30 GMT
    ... 10,283.10 * Teck jumps 8.05 percent after China deal * Thin trading with U.S. markets ... big energy sector, down 0.66 percent, as oil slipped under $66 a barrel on Friday after Thursday's U.S. unemployment data ...

  • Brazil stocks inch down on quiet day; real slips 3 Jul 2009 21:23 GMT
    ... [ID:nT294215]. Commodities lost ground as well, with oil CLc1 down 1.65 percent to $65.63 a barrel. ... a barrel. Shares of state-controlled energy company Petrobras ( ) slipped 0.74 percent to 31.01 ... company official told Reuters on Friday Petrobras's exploration of an Iranian block will likely yield ...

  • MOUNTAIN OF DEBT: Rising debt may be nex... 3 Jul 2009 21:23 GMT
    ... and bills. Even today, amid global economic turmoil, those still are seen as one of ... investors and popular with other countries, especially China, Japan and the Persian Gulf oil exporters, the three top foreign holders of U.S. ...

  • Chinese oil groups eye stake in Spain's YPF: reports 3 Jul 2009 21:23 GMT
    ... Chinese oil groups eye stake in Spain's YPF: reports ... Repsol, media reported Friday. The China National Petroleum Corp (CNPC) and China National Offshore Oil ... and CNOOC its biggest offshore oil and gas producer. Repsol YPF announced Thursday it had received ...

  • Toronto stock market closes flat on low trading volume; New York closed 3 Jul 2009 21:22 GMT
    ... at a private securities company in Shanghai, China. Hong Kong's Hang Seng index edged up ... the week flat as investors weighed weak oil prices with good news out of the base ...

  • Chinese oil groups eye stake in Spain's YPF 3 Jul 2009 21:21 GMT
    ... MADRID : Two giant Chinese oil companies are interested in buying a 30-percent ... Repsol, media reported Friday. The China National Petroleum Corp (CNPC) and China National Offshore Oil ... and CNOOC its biggest offshore oil and gas producer. Repsol YPF announced Thursday it had received ...

  • CANADA FX DEBT-C$ down for third straight week, bonds up 3 Jul 2009 21:10 GMT
    ... Bank Financial. The Canadian dollar's small gain on Friday came despite a drop in oil prices CLc1 below $66 a barrel. Oil is a key Canadian export and its direction often influences the direction of the commodity-linked currency. There was no ...

  • Bay Street Stocks Rise Slightly, Finish Week Lower - Canadian Commentary 3 Jul 2009 21:02 GMT
    ... index to finish lower, losing 0.7%, as crude oil slipped a little more than $1 in electronic ... (SU.TO) slipped 0.9%. On the corporate front, Petro Andina Resources (PAR.TO) fell 1.4% after its ...

  • TSX up for day, down for week 3 Jul 2009 21:01 GMT
    ... main North American commodities market, the New York Mercantile Exchange. In electronic trading though, crude oil was down $1.10 to $65.63 U.S. a barrel late Friday afternoon, while gold was up $1.50 to $932.50 U.S. an ounce. The ...

  • Analysis: Russia plays checkbook diplomacy 3 Jul 2009 21:00 GMT
    ... Russia has sought to hold protective sway over ... the reclusive Central Asian state with enormous gas reserves, was until recently in Moscow's thrall. The ... accused Gazprom of blowing up the gas pipeline between the two countries - a charge ...

  • Oil minister highlights chinese contribution in Angola's cevelopment 3 Jul 2009 21:00 GMT
    ... Oil minister highlights chinese contribution in Angola's cevelopment Beijing- ... today highlighted the "preponderant role" played by China for Angola's economic development, stressing its contribution ... group, Botelho de Vasconcelos, also the current OPEC chairman stated that the yearly oil demand dacayed ...


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