Asia

Asia

China’s oil giants to splurge most in five years

25/03/2019

China’s oil giants aim to spend the most in five years in pursuit of higher energy output. But unlike global rivals investing in top-tier assets, the state-owned producers are trying to boost supply from fields that are either old and high-cost or new and challenging.

Asia

Saudi parades $50bn of deals in bid to save summit

23/10/2018

Saudi Arabia showcased international deals worth about $50 billion as the kingdom tried to put the best possible gloss on a flagship investment summit shunned by global business leaders after the killing of Jamal Khashoggi.

Asia

Record India diesel prices a pain for Modi as rupee tumbles

18/09/2018

India’s growth monikers -- the world’s fastest-growing major economy and the fastest-growing oil user -- might make for good headlines, but when juxtaposed with the less-flattering description of its currency they pose a problem for Prime Minister Narendra Modi.

Asia

ONGC $1.6bn stake sale faces subsidy hurdle

06/09/2018

India’s efforts to sell a $1.6 billion stake in Oil & Natural Gas Corp. has run into concerns that government policies on fuel pricing would weigh on the state-run explorer’s share price, according to people with knowledge of the situation.

Asia

OPINION: Is the future renewable for China?

09/08/2018

China’s dash for world leadership in clean energy technologies has been one of the most significant developments in the global energy scene over the past few years and its implications are insufficiently recognised.

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