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  • November 27, 2014
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  1. Cartel considers raising basket price

    Posted Dec 31st 2004, 12:00am by James Lee

    ... James Lee The Organisation of Petroleum Exporting Countries' reference crude price is between US$22 and US$28 a barrel. With the basket price rising to about US$34 this month, the cartel is considering raising this to US$32 to US$40. The Opec basket of seven selected crudes comprises Saharan blend (Algeria), Minas (Indonesia), Bonny Light (Nigeria), Arab Light (Saudi ...

  2. China firms win US$7b Algerian deal

    Posted May 19th 2006, 12:00am by Mark O'Neill

    ... major international competitors to win a US$7 billion contract to build a highway in Algeria, the largest overseas construction project secured by Chinese companies. Citic Group and China ... bids, only to see costs balloon and profits turn into gigantic losses.' The building of the central and western sections of Algeria's east-west highway marks a milestone ...

  3. Diplomatic energies will focus on oil

    Posted Feb 06th 2004, 12:00am by Staff Reporter

    ... and domestic production is dwindling, so the safe bet is that China will soon be stepping up its efforts. In Egypt, Gabon and Algeria, we saw the signing of pacts to supply oil, explore for new ... suppliers and handling potential conflicts with other consumer nations will put China's diplomatic maturity to the test. The Egypt to Algeria tour is just the beginning. ...

  4. Car shipments out of recovery and surging

    Posted Jul 16th 2011, 12:00am

    ... is Brazil, followed by Algeria and Russia. China exported 40,700 cars to Brazil in the first five months this year, accounting for 13.6 per cent of its car exports. Heavy vehicles accounted ...

  5. Business - Commodities - CARS

    Chinese car exports to Australia hit asbestos road bump

    Posted Aug 16th 2012, 12:00am by Anita Lam

    ... over traces of asbestos found in their engines and exhausts. Analysts said the recall should not have a wide impact on Chinese car exporters because most of their vehicles were sold to Algeria ...

  6. Libyan unrest fails to stir MCC plans

    Posted Apr 02nd 2011, 12:00am

    ... Eastern countries, like Algeria, Qatar, Kuwait and Saudi Arabia,' Shen said. MCC had two incomplete projects in Libya: a 5,000-unit property project and a cement plant, worth a total of 5.59 ...

  7. Thirst for oil that knows no bounds

    Posted Jun 26th 2004, 12:00am by Staff Reporter

    ... itinerary to France and three African states, Benin was not on the list. The president was to visit Egypt, Gabon and Algeria after his visit to Paris as a guest of French President Jacques Chirac at the G7 meeting. Analysts were not surprised with Mr Hu's visit to geopolitically important Egypt or Algeria, but many wondered why he visited Gabon. A dejected diplomat in Beijing's ...

  8. Sinopec faces setback

    Posted Jun 28th 2007, 12:00am by Eric Ng

    ... Petrochemical has oil and gas assets or projects include Russia, Algeria, Iran, Saudi Arabia, Yemen and Canada. ...

  9. China's sports brands go for offshore retail gold

    Posted Aug 04th 2012, 12:00am

    ... Zealand, Iraq, Slovenia, Algeria, Jordon, Lebanon and Cyprus. The company also supplied the competition uniforms for some of the teams. 'The domestic market is full of uncertainties this year, ...

  10. Sinopec parent considers US$5b offer for Australia's Oil Search

    Posted Oct 15th 2007, 12:00am by Nevin Nie

    ... to seven million tonnes. Mr Su took up his new position in June when he was transferred from CNPC. The company's overseas reserves are mainly in Russia, Algeria, Canada and the Middle East. ...




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