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Asia-Pacific press summary: Energy highlights

  • Mercados: Biofuels, BP , Coal, Corporate, Crude oil, Electricity, Emissions, Freight, Fundamentals, LPG, Natural gas, Oil products, Petroleum coke, Politics
  • 30/03/07

 

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
Chinese state-owned producer CNOOC posts 2006 profit of $4bn, up 22pc from a year ago (page 3).

 

Chinese state-owned oil firm CNPC creating a new supervisory department to improve regulatory oversight (page 5).

 

Editorial: Total's latest bribe investigation has echoes of the Iraqi oil-for-aid probe (page 22).

 

CNOOC's independent shareholders set to vote on whether to allow the firm to lend cash to a unit of its state-owned parent (page 25).

 

Share value of US farm machinery firm Deere riding the wave of the current ethanol boom (page 27).

 

International Herald Tribune
Editorial: Hopes raised that court case my rein in environmentally destructive US practice of mountaintop mining for coal (page 6).

 

US Securities and Exchange suing two former attorneys at failed US utility Enron for allegedly hiding fraud at the firm (page 10).

 

Former top auditor at US Interior Department accuses senior officials of prohibiting recovering royalties for oil and gas output from federal territory (page 10).

 

Texas state regulators recommend $210mn in fines against US utility firm TXU for manipulating the electricity market (page 10).

 

CNOOC's 2006 profit up 22pc (page 15).

 

Hong Kong government to consider the impact a proposed LNG import terminal will have on the territory's iconic pink dolphins (page 16).

 

Taiwan's state-owned oil firm CPC cuts by 40pc the capacity of a planned naphtha cracker because of residents' objections (page 16).

 

Financial Times
Rwanda trying to cancel a joint venture with UK firm Dane Associates to generate electricity from methane beneath Lake Kivu because of unaccounted for funds (page 3).

 

Italian utility Enel may be hard pressed to win full control of Spanish rival Endesa (page 14).

 

CNOOC chairman Fu Chengyu criticises rising protectionism around the world in announcing record profit (page 19).

 

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