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China, Taiwan & Hong Kong Oil Demand 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 Demand News

  • Chinese domestic natural gas production to reach 486 billion cubic meters by 2013 5 Dec 2009 15:18 GMT
    ... research report from Business Monitor International, "China Oil & Gas Report Q1 2010", is now ... for 34.93% of Asia Pacific regional oil demand by 2013, while providing 45.17% of supply. ... The BMI full year forecast implies Brent crude at US$53.73, WTI averaging US$54.90/bbl and Urals ...

  • Ebeling Heffernan Issue Strong Buy on Sinopec (NYSE:SHI) 5 Dec 2009 14:10 GMT
    ... company. The Company’s integrated petrochemical complex processes crude oil into a range of products in four ... a positive role in meeting the local demand, optimizing the energy mix and improving the ...

  • UPDATE: Chevron's Tepco Deal Continues Asia Energy Trend 5 Dec 2009 13:15 GMT
    ... a string of energy supply deals between oil majors and customers in North Asia. Chevron ... they expect will be a surge in demand for cleaner-burning fuels. Australia's stable political environment, ... concluded a binding sales-and-purchase agreement with China Petroleum & Chemical Corp. (SNP) for two million ...

  • Sinopec Inks Gas Deal with Exxon 5 Dec 2009 12:36 GMT
    ... via COMTEX News Network) -- The China Petroleum & Chemical Company, or Sinopec (SNP) has ... owns 41.5% of the PNG project, while Oil Search Ltd., Santos Ltd. and Nippon Oil ... aimed at satisfying the increasing natural gas demand of the local market in Shandong, is ...

  • Oil rises above $77 despite unexpected crude supply jump in United States 5 Dec 2009 11:30 GMT
    ... SINGAPORE - Oil prices rose above US$77 a barrel Thursday ... rebounding slightly after unexpected jumps in U.S. crude and gasoline supplies the previous day suggested demand remains sluggish. Benchmark crude for January delivery ...

  • BUSINESS IN BRIEF 5/12 5 Dec 2009 09:01 GMT
    ... Dung Quat Oil Refinery sells its first million tonnes of ... the Refinery had imported 1,674,342 tonnes of crude oil, producing nearly 1,145,000 tonnes of refined ... awareness and management methods to meet market demand. The EC regulation requires the setting up ...

  • Petroleum Complex Outlook for December 4, 2009 5 Dec 2009 08:56 GMT
    ... An Excerpt from CRB'S Futures Market Service Crude oil prices corrected down to a 1-3/4 month ... a +800,000 bbl), (3) slack US energy demand after total US daily fuel demand averaged ...

  • Panasonic in talks with carmakers to sell batteries 5 Dec 2009 07:14 GMT
    ... 10 automakers to supply lithium-ion batteries as demand for energy-efficient vehicles grows, following its planned ... percent of global demand by 2020, assuming oil costs more than US$70 a barrel. Electric vehicles will comprise 20 percent of ...

  • RI to grab larger CPO market share 5 Dec 2009 06:55 GMT
    ... 12/05/2009 1:40 PM | Business Indonesia's palm oil industry is set to increase its global ... Indonesia might take 50 percent of CPO *crude palm oil* market share in 2010," Dorab ... Bloomberg reported, as drought disrupts supply and demand grows in China and India, the two ...

  • Climate change: the eco-socialist solution 5 Dec 2009 05:51 GMT
    ... the face of the Earth, exhausting the soil, felling the forests, damming and draining the ... and liberated human beings. The inhuman and crude tool of the privately owned, profit-seeking corporation ... in action to the power of popular demand. But their “solutions” remain little more than ...

  • OPEC should maintain output: Arab oil ministers 5 Dec 2009 05:32 GMT
    ... Cairo: Arab oil ministers of OPEC said on Friday that ... when it meets later this month as crude prices are close to the target of ... impact of global economic recovery on oil demand for next year and its influence on ...

  • Sinopec, Exxon sign deal for Papua New Guinea gas 5 Dec 2009 04:31 GMT
    ... financial details. Sinopec, also known as China Petroleum & Chemical Corp., is China's second-biggest oil and gas company and Asia's biggest oil ... a positive role in meeting the local demand, optimizing the energy mix and improving the ...

  • Shell pullsout of planfor China refinery 5 Dec 2009 03:36 GMT
    ... sign of the difficulties faced by western oil companies seeking to profit from the country's ... to profit from the country's rapidly rising demand for energy. Shell's decision could create an ... volatile. Last year, when the price of crude oil soared but refineries were not allowed ...

  • Iran's Nuclear Ambitions Highlight the potential of Uranium and Nuclear Power 5 Dec 2009 01:37 GMT
    ... such a climate, it is uranium, not oil and natural gas that would seem to ... simple, overriding capitalist principle – supply and demand. Whatever agreements are reached at December's global climate ... of the carbon cost of mining uranium fuel, not a nuclear power plant (NPP)'s operation. ...

  • Shell's exit from China casts doubt on eastern promise 5 Dec 2009 00:43 GMT
    ... OIL major Royal Dutch Shell has dashed hopes ... has dashed hopes that China's booming energy demand will offer vast opportunities for oil refiners, ... oil prices are high, this can make crude processing a heavily loss-making business. Nonetheless, expectations ...


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