Search for Asia

25.04.2013 U.S. Shale Forcing Gazprom to Lower Gas Export Price by 2016

WEB EXCLUSIVE, Moscow. Russia's Ministry of Economic Development released a report this month predicting that competition from North American shale gas exports will force Gazprom to lower its export prices by 2016.

23.04.2013 Saudi Oil Exports Flatline as Asian Demand Stutters

OPEC heavyweight Saudi Arabia is expected to keep oil output steady throughout the second quarter as more high pace demand in Asia, its biggest oil export market, has yet to materialise, Reuters reports.

11.04.2013 Asian LNG Set to Rise as Premium at Two-Year Low: Energy Markets

Liquefied natural gas prices in Asia are poised to reverse an eight-week drop that brought them to a two-year low relative to cargoes for Europe as Japan faces delays in starting nuclear reactors, Bloomberg reports.

09.04.2013 Gunvor Singapore Launches US $650 Million Revolving Credit Facilities

Gunvor Singapore Pte Ltd (the “Borrower”), a wholly-owned subsidiary of Gunvor Group (“Gunvor” or the “Company”), today launched US$ 650,000,000 syndicated revolving credit facilities (the “Facilities”).

08.04.2013 Canada Pushes for Energy Trade with Asia

UPI reports that Canada will send a trade mission to China and Japan next week to promote the North American country as an energy superpower, a government official announced.

04.04.2013 Canada Seen Beating U.S. in $150 Billion Asia LNG Race

Canada is pulling ahead of the U.S. in a contest to be the first exporter of liquefied natural gas from the North American shale bonanza to Asia’s $150 billion LNG market, Bloomberg reports.

02.04.2013 Asians Push for New LNG Prices

Alarmed by the 13.4% jump in its natural gas import bill last year, Japan is planning a new energy strategy that could change how natural gas is traded around the world and put pressure on some of the proposed Canadian liquefied natural gas projects, The Star Phoenix rep

14.03.2013 Asia's Middle East Crude Market May Pick Up as Demand Recovers

Asia's Middle East crude market may strengthen when trading in May barrels begins this week, supported by refineries in Asia returning from maintenance and fuel oil demand from power generators during the northern hemisphere summer, Reuters reports.

13.03.2013 Asians Hunt Gas Treasure Locked in Ice Beneath Seabeds

Bloomberg reports that Japan and India, Asia’s biggest energy consumers after China, are closer to unlocking natural gas deposits trapped in ice below the seabed that may prove bigger than the world’s known fossil-fuel reserves.

28.02.2013 Singapore Suited to be Asian Gas Trading Hub

Natural Gas Asia reports that for Asia’s high gas prices to come down, the region needs to develop a trading hub and facilitate a market which better reflects supply and demand fundamentals.