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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
  • 15/01/07

 

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
Continuation of falling oil prices would create winners and losers among producing and consuming nations (page 1).

 

Chinese state-owned producer PetroChina signs a deal with the State Forestry Administration to develop biomass energy (page 3).

 

BP chief executive John Browne to step down early, to be replaced by its upstream head Tony Hayward (page 6).

 

Indonesian government to get its market regulator to investigate the rapid share value decline of state-owned utility PGN (page 8).

 

Russian oil firm Lukoil says third-quarter profit rose 10pc to $2.43bn (page 8).

 

Chinese state-owned oil firm CNPC set to finalise an initial deal to develop Iran's South Pars gas field, ignoring recent US pressure to curb business dealings with Tehran (page 10).

 

Growing US ethanol demand set to limit availability of corn for food and feed consumption (page 22).

 

International Herald Tribune
New Zealand utility TrustPower to build a $140mn wind farm in Australia (page 15).

 

China planning to spend $5.8bn to triple its wind power generation by 2010 (page 15).

 

Financial Times
China cuts retail price of gasoline and jet fuel (page 9).

 

Hostile takeover bid talks swirls around Franco-Belgian utility Suez (page 20).

 

Incoming BP head Tony Hayward sets out a vision of improved safety and performance (page 23).

 

Send comments to feedback@argusonline.com rjd

 


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