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News // Asia

China Airlines Extra Charges Over Oil Prices

China Southern Airlines and Hainan Airlines will raise fuel surcharges on international routes by 33 percent from June 1 to offset pressure of oil price increases
27 May 2008 , 09:508760

Asia Protects Its Energy Giants

Asian governments on Thursday moved to cut energy subsidies to protect their finances and those of state-owned energy companies in the face of soaring oil prices
27 May 2008 , 09:338390

China To Raise Threshold For Windfall Tax On Oil Gains

Chinese government is considering raising the threshold of windfall tax levy on gains from crude oil, but the timing is not clear, Jiang Jiemin, president of PetroChina Company Ltd. said Thursday
16 May 2008 , 11:4010860

Indonesia To Rise Fuel Prices by 21%

The Indonesian Energy and Mineral Resources ministry is proposing an average price hike of 21% in subsidized petroleum products starting June
12 May 2008 , 13:4612230

Vietnam To Create More Attractive Investment Environment

The government wants to ensure tax policy equality for businesses and create a more attractive investment environment by the amendment of the Law on Corporate Income Tax
08 May 2008 , 10:479880

Asia Growth To Decline: IMF Report

Domestic demand is seen as holding up reasonably well in most emerging Asian economies
14 April 2008 , 10:148750

India, Venezuela To Jointly Explore Oil

The joint venture will be set up in the San Cristobal area
09 April 2008 , 09:187890

China & Syria Close Contract On Joint Venture Oil Refinery

China and Syria have signed papers on building a joint venture refinery in eastern Syria, expanding their cooperation to include oil processing, China National Petroleum Corp. said in a statement seen Tuesday
08 April 2008 , 15:0011370

Merrill Lynch Excited About China's Opportunities

Merrill Lynch is likely to expand its business in China as the country's econimic growth is very dynamic
03 April 2008 , 15:238810

China To Discover 20 Gas and Oil Big Fields by 2010

According to the governmet's plan, by 2010 China intends to find 10 new oil fields of at least 100 million tons reserve each, and 8-10 new gas fields
03 April 2008 , 11:147910

The Chinese Change Way of Spending Due to High Oil and Food Prices: Survey

70 percent said they were investing in the stock markets
03 April 2008 , 09:468891

China A-shares Surged on Awaiting Stock Index Futures Launch

China A-shares gained sharply higher Friday with heavyweights
28 March 2008 , 09:448380

Japan Agreed to Refine More Oil For China

Refiners in Japan, the world's third-biggest oil user, need to tap overseas markets
25 March 2008 , 13:377760

South Korea Reduces Tariffs on Some Petroleum Products

South Korea will cut import tariffs on four oil-related products including gasoline
25 March 2008 , 11:417640

Chinese Petroleum Firms Shares Lower

China A-shares finished the morning session lower led by energy firms
20 March 2008 , 09:126880

Petrochina's 2007 Profit Rose to $20 mln

Sales by China's state oil company have soared as the number of vehicles on its roads multiplied
19 March 2008 , 12:168870

Korean KNOC to Increase its Size to Secure the Sources

The Korea National Oil Corporation should be at least "five times bigger"
18 March 2008 , 11:188870

Hong Kong Shares Higher On Oil Prices Rise

Oil stocks also lifted the key index following a fresh spike in crude prices
06 March 2008 , 10:338650

China To Strike a Second Biggest Contract with Iran

If the deal goes through, it will be the second big oil and gas contract with Iran
28 February 2008 , 15:475250

India Likely to Privatize Oil Oil Fields

The Parliament is likely to sell old oil fields to private oil companies
28 February 2008 , 13:246090

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