Energy Update
VYNGAPUR, Siberia, March 31 (Reuters) - China Petrochemical Corporation (Sinopec Group) is among a group of companies displaying interest in building the Amur gas processing plant, Sibur chief executive Dmitry Konov told reporters on Thursday.
TOKYO, March 31 (Reuters) - Japan's power utilities will lose their monopoly over electricity on Friday in an unprecedented shakeup that could give a much needed jolt to Japan's long stagnant economy.
Anthony Poole was surprised to see a large number of empty container berths in the vast, sprawling container terminals of Singapore.
Brian Scheid on how a nearly century-old US shipping law that has broad, bipartisan support in Congress faces a new opposition effort aimed at lessening costs to East Coast refiners.
The green shoots of optimism are poking through the parched ground of the oil patch lately as industry focuses on the aftermath of a downturn.
(Thu, 31 Mar 2016) Australia's Gorgon project, one of the largest liquefied natural gas (LNG) projects in the world, shipped its first cargo last week to Japan. Located on Barrow Island off the coast of northwestern Australia, the project includes a domestic natural gas plant, a carbon dioxide injection project, and an LNG export facility. Its three liquefaction units, also known as trains, have a combined capacity of 2.1 billion cubic feet per day (Bcf/d).
SAO PAULO, March 30 (Reuters) - Brazil's state-run Eletrobras, Latin America's largest electricity utility, posted on Wednesday a net loss of 10.438 billion reais ($2.85 billion) for the fourth quarter, due to impairments and provisions for potential legal liabilities.
SINGAPORE, March 31 (Reuters) - Oil futures fell in Asian trade on Thursday amid renewed worries of global oversupply after official data showed U.S.
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