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  1. Business - Commodities - ENERGY

    Exxon's Arctic oil drilling plans threatened by US sanctions on Russia

    Posted Apr 30th 2014, 01:31am by BLOOM

    ... equipment- for a few months of drilling, then evacuated before winter renders the sea icebound. Even in the short Arctic summer, a flotilla is needed to keep drifting ice from the rig. All this means ... plans to start drilling in August in the Arctic's remote Kara Sea in August- the centrepiece of Exxon's global alliance with Russian state-controlled Rosneft. The partnership, which ...

    http://www.scmp.com/business/commodities/article/1500359/exxons-arctic-oil-drilling-plans-threatened-us-sanctions-russia
  2. Business - Commodities - ENERGY

    Trader Arcadia unbowed by CFTC oil-rigging deal

    Posted Aug 06th 2014, 03:28pm by Reuters

    ... Arcadia's remaining traders will only trade physical oil in North America and a small amount of crude in Britain's North Sea, the two most closely linked markets to international oil futures. ...

    http://www.scmp.com/business/commodities/article/1567617/trader-arcadia-unbowed-cftc-oil-rigging-deal
  3. Business - Commodities - ENERGY

    China's stockpiling keeping crude above US$100

    Posted Jun 11th 2014, 01:58pm by BLOOM

    ... is building stockpiles as China clashes with Vietnam over resources in the South China Sea and faces potential risks to oil sales from Russia, Africa and the Middle East because of sanctions ... to US$104.35 a barrel on the New York Mercantile Exchange, while Brent crude, the marker for more than half the world's oil, climbed about 5 per cent to US$109.52 on the London-based ICE Futures ...

    http://www.scmp.com/business/commodities/article/1530009/chinas-stockpiling-keeping-crude-above-us100
  4. Business - China Business - ENERGY

    Proposed giant tidal plant for mainland China is far-off dream

    Posted Jul 21st 2014, 03:18am by Eric Ng

    ... whose feasibility is being studied for the proposed project and director of the river, coast and sea department at Amsterdam-based infrastructure design and consulting firm Arcadis, ... to 15,000MW, Steijn said. After initial studies, a location between Xiamen in Fujian and Shantou in Guangdong is preferred over the entrance to the Bohai Sea in the north, he added. The engineers have ...

    http://www.scmp.com/business/china-business/article/1556881/proposed-giant-tidal-plant-mainland-china-far-dream
  5. Business - China Business - ENERGY

    Sino-Dutch consortium spends up on feasibility study for tidal energy

    Posted Jul 21st 2014, 03:18am by Eric Ng

    ... "It is a big step both in terms of investment and risks for society and investors to accept, so government support is key." Steijn is director of the river, coast and sea department ... with an alternative project at the entrance to the Bohai Sea in the north. He said the southern project has 5,000 megawatts (MW) of annual generating capacity and is estimated to cost US$15 billion to build. ...

    http://www.scmp.com/business/china-business/article/1556929/sino-dutch-consortium-spends-feasibility-study-tidal-energy
  6. Business - Commodities - ENERGY

    Brazil and Japan to team up on offshore oil project

    Posted Jul 21st 2014, 03:18am by AFP

    ... need 50 deep-sea drilling vessels costing 60 billion yen apiece, as well as ships to carry vast amounts of personnel, equipment and supplies. All told, the project is expected to cost about 20 ...

    http://www.scmp.com/business/commodities/article/1556926/brazil-and-japan-team-offshore-oil-project
  7. Business - Commodities - ENERGY

    Husky bullish on gas exploration potential in South China Sea

    Posted Apr 02nd 2014, 05:45am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Oil and gas firm says development in deepwater regions of the sea is still at early stage, with only 25 wells drilled and one major discovery so far Husky bullish on South China Sea potential The deepwater regions of the northern South China Sea have big gas exploration potential and are only in an early stage of development, a senior manager ...

    http://www.scmp.com/business/commodities/article/1462735/husky-bullish-gas-exploration-potential-south-china-sea
  8. Business - Commodities - ENERGY

    CNOOC boosts oil output off southern coast to reach target

    Posted Jun 13th 2014, 05:57am by Bloomberg

    ... 61 million barrels that came from Canadian unit Nexen. Weizhou is CNOOC's biggest oil producer in the western part of the South China Sea, one of four major oil- and gas-producing areas ... Liao said. CNOOC's Zhanjiang unit, which runs the Weizhou projects, plans to increase oil and gas output in the western part of the South China Sea to 260,000 barrels of oil equivalent ...

    http://www.scmp.com/business/commodities/article/1531146/cnooc-boosts-oil-output-southern-coast-reach-target
  9. Business - Commodities - ENERGY

    Chinese drilling rig off Vietnam likely to strike gas, experts say

    Posted May 29th 2014, 03:18pm by Reuters

    ... the area into production, Chinese industry experts said. That would give China its first viable energy field in the disputed South China Sea, one that is likely to be a source of friction ... Institute for South China Sea Studies, a government think-tank in Hainan province. China National Petroleum Corporation (CNPC), the dominant oil and gas producer in China, owns the block being ...

    http://www.scmp.com/business/commodities/article/1521122/chinese-drilling-rig-vietnam-likely-strike-gas-experts-say
  10. Business - Commodities - ENERGY

    CNOOC defends oil rig's operation off Vietnam coast

    Posted May 24th 2014, 01:52am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com CNOOC defends oil rig's operation off Vietnam coast CNOOC chairman Wang Yilin says the company's exploration activity in South China Sea waters near ... China Sea is so big. "We have always stuck to the principle of allowing each side to dispute territorial issues, but at the same time striving to achieve cooperation on resource ...

    http://www.scmp.com/business/commodities/article/1519199/cnooc-defends-oil-rigs-operation-vietnam-coast

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