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MARKETS: CTFC proposes cap on traders’ positions on four energy contracts
Friday, 26 February 2010

(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).
 

 
CHINA: Trade with Saudi Arabia could reach US$60 billion by 2015
Friday, 26 February 2010

(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.

 
CHINA: MoU signed with Arab League to step up energy cooperation
Friday, 26 February 2010

(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.

 
AUSTRALIA: Caltex to pay A$0.25 per share dividend on “good operating performance” for 2009
Friday, 26 February 2010

(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).

 
MIDDLE EAST: Iran and Iraq feuding over al-Fakkah oil field
Thursday, 25 February 2010

(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...

 
SINGAPORE: CarbonNeutral signs up six organisations on carbon management pilot
Thursday, 25 February 2010

(EnergyAsia, February 25 2010, Thursday) --- The CarbonNeutral Company, a world-leading provider of carbon reductions solutions, said it has signed up...

 
JAPAN: Saudi officials frustrated with Tokyo over delays in implementing oil storage deal
Thursday, 25 February 2010

(EnergyAsia, February 25 2010, Thursday) --- The Saudi Arabian government is expressing impatience with the slow progress in its plans to use Japan’s Okinawa Islands as...

 
QATAR: Qatar Petroleum, ExxonMobil start up second phase of Al Khaleej gas project
Thursday, 25 February 2010

(EnergyAsia, February 25 2010, Thursday) --- Qatar Petroleum and Exxon Mobil Corporation said they have started up operations at their Al Khaleej Gas-Phase 2 (AKG-2) project...

 
CHINA: State firms building oil storage tanks in Lanzhou and Tianjin
Thursday, 25 February 2010

(EnergyAsia, February 25 2010, Thursday) --- Chinese state firms have begun building storage tanks for holding the nation’s strategic oil reserves in...

 
QATAR: Brazil’s Petrobras may consider investment offer
Thursday, 25 February 2010

(EnergyAsia, February 25 2010, Thursday) --- Brazil’s state oil and gas giant Petrobras may consider selling a small equity stake to Qatar to raise cash for...

 
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