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Results 1 - 10 of 1587 for price of petroleum

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  1. Beijing bids for balance with fuel price rise

    Posted Oct 27th 2010, 12:00am by Eric Ng

    ... Eric Ng Oil refiner shares gained yesterday after Beijing lifted fuel prices for the first time in six months, as it sought to balance the need to keep refiners profitable and keep inflation in check amid rising crude oil prices. China Petroleum & Chemical (Sinopec), Asia's largest oil refiner, rose 3.1 per cent to HK$7.65 while rival PetroChina edged up 0.9 per cent ...

    http://www.scmp.com/article/728680/beijing-bids-balance-fuel-price-rise
  2. Beijing poised to unveil revision of fuel pricing

    Posted Dec 05th 2008, 12:00am by Eric Ng

    ... Eric Ng Beijing is expected to unveil proposed reforms to the domestic fuel pricing system as well as levies on motorists within a few days, and introduce a long-awaited fuel tax designed to replace road maintenance charges as soon as January 1, sources said. The reforms are aimed at inducing energy conservation and enhancing industry efficiency through more market-based pricing ...

    http://www.scmp.com/article/662658/beijing-poised-unveil-revision-fuel-pricing
  3. CNOOC to pursue projects despite oil price fall

    Posted Oct 29th 2008, 12:00am by Eric Ng

    ... for production and exploration in the fourth quarter despite sharply lower oil prices. Revenue was 30.87 billion yuan (HK$35 billion), compared with 18.26 billion yuan for the same period last year, ... cent to 679 million cubic feet per day. Together, oil and gas output grew 15.2 per cent to 549,589 barrels per day. The average selling price for crude oil climbed 58.7 per cent to US$106.94 ...

    http://www.scmp.com/article/658133/cnooc-pursue-projects-despite-oil-price-fall
  4. Protesting truck drivers demand more cuts in diesel prices

    Posted Aug 20th 2008, 12:00am by Anita Lam

    ... Anita Lam More than 50 truck drivers protested outside the Central Government Offices yesterday and two oil companies, demanding additional cuts to diesel prices. They want the government to exert pressure on oil companies to adjust their prices in line with dropping rates for crude oil. Crude oil stood at US$112 a barrel yesterday, about a quarter off its peak of US$147 ...

    http://www.scmp.com/article/649715/protesting-truck-drivers-demand-more-cuts-diesel-prices
  5. Big investors dump stocks axed from MSCI China Index

    Posted Nov 26th 2008, 12:00am by Nick Westra

    ... of Redford Asset Management. 'And so they always push up or pull down share prices during the closing auction session due to the abnormal sale turnover.' The MSCI, an equity index compiler, ... of the benchmark. Since most funds would only make the changes during the auction period, share prices could swing widely because of thin overall trading volume when the transactions are carried out. ...

    http://www.scmp.com/article/661522/big-investors-dump-stocks-axed-msci-china-index
  6. Global Bio-Chem bides time on 5b yuan project

    Posted Nov 10th 2008, 12:00am by Eric Ng

    ... it planned to raise its annual polyol output capacity from 200,000 tonnes to 1 million tonnes in five years. The business was lucrative amid surging crude oil prices. But with crude prices falling ... of falling prices of steel and other materials,' said co-chairman Xu Zhouwen. 'It is not due to financing difficulty as we have sufficient cash flows and bank facilities to support ...

    http://www.scmp.com/article/659628/global-bio-chem-bides-time-5b-yuan-project
  7. Mainland plays waiting game on oil subsidies

    Posted Jun 10th 2008, 12:00am by Tom Miller

    ... Cameron Dueck, Jasmine Wang and Tom Miller in Beijing Steady hand needed to defuse issue Beijing's strategy of using public funds to pay for higher oil prices to protect consumers has ... and Iran, putting prices at about double what they were a year ago. During that same period, the mainland raised petrol prices only 9 per cent as it tried to curb the economic effects of higher ...

    http://www.scmp.com/article/640936/mainland-plays-waiting-game-oil-subsidies
  8. Oil may strike a home-buyer rich

    Posted May 23rd 2004, 12:00am by Chris Oliver

    ... November, never having physically inspected it, was simple: the economic prospects for the region rank among the best in the country, while housing prices are among the lowest. Mr Dunne laid out ... interest rates while also betting on one of the few politically stable economies positioned to benefit from today's high oil prices. About 500 kilometres northeast of Edmonton lies the massive ...

    http://www.scmp.com/article/456703/oil-may-strike-home-buyer-rich
  9. Oil's not well and Asia's wary

    Posted Sep 30th 2004, 12:00am by Eric Ng

    ... Anette Jonsson, Hui Yuk-min and Eric Ng A sustained rise in crude prices will impact growth and inflation in the region, which is a large net importer of the commodity While the debate about whether high oil prices are warranted and can be sustained rambles on, the latest rally to above US$50 on Tuesday has put renewed focus on another issue- how much impact will the current ...

    http://www.scmp.com/article/472332/oils-not-well-and-asias-wary
  10. Mainlanders feel pain of first oil shock

    Posted Oct 21st 2004, 12:00am by Mark O'Neill

    ... of an oil shock. At a Shanghai petrol station, cabbie Wang Jun laments as he watches the attendant fill his taxi: 'Prices are up 30 per cent since January and it is we who pay, not the taxi company.' In the southeast coastal city of Taizhou, nicknamed the 'Plastic Kingdom', galloping prices for petrochemical resins have driven most of the 10,000 factories into the red, ...

    http://www.scmp.com/article/474963/mainlanders-feel-pain-first-oil-shock

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