(EnergyAsia, March 1 2010, Monday) --- The Saudi Arabian government said it has set a budget of 540 billion........

(EnergyAsia, March 1 2010, Monday) --- The CEO of Saudi state oil firm Saudi Aramco, the world’s biggest........

(EnergyAsia, February 26 2010, Friday) --- Ras Laffan Liquefied Natural Gas Company Limited 3 or Ras Laffan 3 said it has started up train 7 at Ras Laffan Industrial City in Qatar. The project, a joint venture of Qatar Petroleum (70%) and ...

(EnergyAsia, February 26 2010, Friday) --- India is making a high-profile pitch for the oil producers of the Middle East to store crude and products in the country.

(EnergyAsia, February 26 2010, Friday) --- US President Barrak Obama’s economic recovery adviser Paul Volcker wants the government to prohibit banks from “risky financial activities” like derivatives trading and leave these only to hedge funds.

(EnergyAsia, February 26 2010, Friday) --- The US’ Commodity Futures Trading Commission (CFTC) has proposed putting a cap on the positions traders can hold on the four most traded energy contracts on the New York Mercantile Exchange (NYMEX) and Intercontinental Exchange (ICE).
 

(EnergyAsia, February 26 2010, Friday) --- Trade between China and Saudi Arabia, its leading oil supplier, could rise by 50% to US$60 billion by 2015, predicted the Chinese Commerce Minister Chen Deming.

(EnergyAsia, February 26 2010, Friday) -- The Arab League (AL) and China’s National Energy Administration have signed a memorandum of understanding (MoU) to step up energy cooperation between the two organisations.

(EnergyAsia, February 26 2010, Friday) --- Refiner Caltex Australia said it will pay shareholders a final dividend of A$0.25 per share after it reported a 9.1% rise in its 2009 net profit to A$203 million. (US$1=A$1.15).

(EnergyAsia, February 25 2010, Thursday) --- Traditional enemies Iran and Iraq are feuding over the abandoned al-Fakkah oil field along the two nations’ poorly defined borders...