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Asia-Pacific press summary: Energy highlights

  • Market: Biofuels, BP , Coal, Corporate, Crude oil, Electricity, Emissions, Freight, Fundamentals, LPG, Natural gas, Oil products, Petroleum coke, Politics
  • 09/01/07

 

SingaporeFollowing are energy highlights from some of today's selected Asia-Pacific newspaper editions. Click on the links to see related Argus stories.

 

Wall Street Journal Asia
US conglomerate GE to pay $1.9bn for US oil and gas equipment supplier Vetco Gray (page 6).

 

Forest Oil to take over fellow US independent Houston Exploration for $1.5bn (page 6).

 

Russia's decision to cut oil exports to Belarus increases European concerns about dependence on Russian energy supplies (page 10).

 

US military steps up efforts to limit its energy consumption (page 32).

 

International Herald Tribune
Cheap diesel generators in India add to its pollution problem (page 1).

 

Russian oil supplies to Europe halted because of Moscow's dispute with Belarus (page 1).

 

Oil prices rise after Russia halts oil supplies through Belarus (page 5).

 

Comment: Iran's failure to invest in new oil production threatens its exports (page 6).

 

GE to buy Vetco Gray (page 12).

 

EU's drive to halt climate change worries European industry leaders concerned about their competitiveness (page 12).

 

Indonesian independent EMP cuts its gas production after villagers occupy a gas processing plant in east Java in protest against lack of development funding (page 14).

 

Indian share market debut of Cairn India, a unit of UK independent Cairn Energy, expected to be affected by possible production delays to its Rajasthan oil operations (page 16).

 

Financial Times
Russia halts oil supplies through Belarus (page 1).

 

European countries rush to secure alternative oil supplies after Russia halts oil supplies through Belarus (page 3).

 

Russia-Belarus dispute leaves Europe in a dilemma about which side to support (page 3).

 

EU's new energy policy expected to promote more ties with energy producers to avoid a dependence on any one nation (page 3).

 

Lex: Houston Exploration's acceptance of lower-priced takeover bid by Forest Oil reflects a falling US natural gas futures market (page 12).

 

Chevron's ultra deepwater Jack discovery in the US Gulf of Mexico sparks interest in seismic surveying technology of French firm CGG (page 16).

 

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