There was blood on the floor at the China Iron & Steel Association conference in Dalian Thursday. Literally.
Posts Tagged ‘China’
By Colin Richardson and Sebastian Lewis | September 25, 2014 02:33 PM Comments (1)
By Yen Ling Song | September 18, 2014 07:24 AM Comments (2)
China National Offshore Oil Corp. has plenty to get excited about these days. After years of touting the unexplored and hidden depths of the South China Sea, the company has finally scored a coup with its first independent deepwater discovery.
The company earlier this week announced the success of the Lingshui 17-2-1 wildcat well, hailing it as a major breakthrough in exploration efforts.
By Stuart Elliott | September 11, 2014 10:57 AM Comments (0)
The closely watched monthly oil market report from the International Energy Agency confirmed a continued trend of oil demand growth slowdown on Thursday, adding a renewed bearish sentiment to already low oil prices.
There was nothing in the report to suggest prices could rebound from their current 16-month lows. The IEA described the recent slowdown in world oil demand growth as “nothing short of remarkable.”
And it is China — considered the key barometer for world oil demand growth — that the IEA said was one of the main causes of its most recent revisions.
By Jamie McDuell | August 29, 2014 09:54 AM Comments (1)
Platts steel team tasked our design and production department to take a wealth of steel raw materials data and transform those freshly mined (sic) numbers into something visually engaging. In this post we present you with the very interesting results.
By News Desk | August 27, 2014 09:49 AM Comments (0)
The global world oil market certainly isn’t getting any bullish boost from China. The Platts analysis for July showed the country’s apparent demand down from the corresponding month a year earlier. You can see our analysis here.
By James Bourne | August 18, 2014 12:01 AM Comments (1)
By Elizabeth Bassett | August 4, 2014 04:05 PM Comments (3)
It can often feel as though many of the big issues or trends in the oil industry are happening on a level unseen by the general public. July, though, brought some big news stories straight to the mainstream media and a wider audience, and these were developments our oil editors and analysts at Platts were watching closely.
Welcome to the latest iteration of The Oil Big Five, when we ask our Platts oil insiders what they believe are the biggest trends or issues in the global oil industry. These are topics we spent a lot of time researching, writing about and analyzing in July, as well as issues we’re keeping an eye on for August.
By Yen Ling Song | July 28, 2014 10:50 AM Comments (0)
China is shifting its focus on state-owned enterprise reform, but it still remains to be seen if the SOEs will make significant changes to the roles non-state entities can play. Song Yen Ling discusses China’s energy sector reform goals in this week’s At the Wellhead column from Oilgram News, and also takes a look at whether internal turmoil within China’s dominant upstream player is a hurdle to advancing projects.
By Christine Forster | July 25, 2014 10:15 AM Comments (0)
Mongolia might not be the first place that springs to mind as a potential investment destination for oil and gas players, but one small Australian company is hoping the recent passing of a new petroleum law will open up opportunities in the landlocked nation between Russia and China.
Wolf Petroleum is the only Australia-listed oil and gas company operating in Mongolia. But the industry minnow, capitalized at just A$5.5 million ($5.2 million), claims a position as Mongolia’s largest petroleum acreage holder, with one production block and two exploration areas covering more than 74,400 sq km (18,000 million acres).