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Indonesia, Papua New Guinea plan joint exploration

25-May-2013 Intellasia | UPI | 6:00 AM

Indonesia and Papua New Guinea are planning joint exploration for potential oil and natural gas reserves in border areas. “The border possesses a huge amount of [...]
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Indonesia energy regulator trims 2014 oil target -media

25-May-2013 Intellasia | Reuters | 6:00 AM

Indonesia’s energy regulator says the country’s oil production target next year is too optimistic, and wants it scaled back between roughly 4 percent and 8 [...]
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UPDATE 2-Indonesia union urges completion of probes into…

25-May-2013 Intellasia | Reuters | 6:00 AM

All investigations into a tunnel collapse that killed 28 people at the world’s No.2 copper mine, run by Freeport McMoRan Copper & Gold Inc in Indonesia, must be [...]
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China launches major coal price index

25-May-2013 Intellasia | Xinhuanet | 6:00 AM

A coal price index offering an alternative gauge for the bulk commodity was launched on Thursday in China, the world’s largest coal producer. The China Taiyuan Coal [...]
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Oil prices decline slightly on weak China data

25-May-2013 Intellasia | Xinhuanet | 6:00 AM

Oil prices dropped slightly on Thursday on disappointing manufacturing data from China. China’s manufacturing activity in May contracted for the first time since last [...]
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Indonesia’s diesel demand expected to remain weak until end 2013 -trade

25-May-2013 Intellasia | Reuters | 6:00 AM

Indonesia’s diesel demand is expected to remain weak at least until the end of the year as a slowing economy, contraction in the mining sector and a shift towards [...]
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China’s Jinchuan shuts 200,000 T copper plant on scrap shortage

25-May-2013 Intellasia | Reuters | 6:00 AM

Jinchuan Group Ltd, China’s third-largest copper producer, has shut a 200,000 tonne-a-year facility due to a raw scrap shortage, which could reduce its refined copper [...]
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Rio Tinto chief warns of more job cuts

07-May-2013 Intellasia | AFP | 6:00 AM

Rio Tinto chief Sam Walsh on Sunday warned of more job cuts as the mining giant works to make $5 billion in savings by the end of 2014, but he was upbeat about demand for [...]
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China says illegal rare earth production, smuggling still rife

04-May-2013 Intellasia | Reuters | 6:00 AM

Illegal production and smuggling still dog China’s rare earth industry despite a long campaign to clean up the sector, contributing to a supply glut that has depressed [...]
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Mongolia seeks bids to mine part of huge Tavan Tolgoi coal mine

04-May-2013 Intellasia | Reuters | 6:00 AM

Mongolia’s Erdenes Tavan Tolgoi has launched a tender for a contract to mine the west Tsankhi portion of the giant Tavan Tolgoi coal field, a top executive at the [...]
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UPDATE 1-Brent falls below $100 as China PMI disappoints

24-Apr-2013 Intellasia | Reuters | 6:00 AM

Brent crude fell below $100 a barrel on Tuesday after manufacturing data from China pointed to a lukewarm recovery in the second quarter, denting the outlook for fuel demand [...]
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Indonesia warns multinationals not to be greedy over resources

24-Apr-2013 Intellasia | Reuters | 6:00 AM

Indonesia’s president told major investors in his country’s natural resources not to be greedy, comments that suggest he is in no mood to row back on policies [...]
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Analysis: BP’s legal gamble may trim spill bill by billions

23-Apr-2013 Intellasia | Reuters | 6:00 AM

BP Plc’s attempt to get a US federal court to pin at least a sizeable amount of the blame for the Deepwater Horizon disaster on other companies may have saved it [...]
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Oil moves rise above $88 per barrel

23-Apr-2013 Intellasia | AP | 6:00 AM

The price of oil rose Monday as traders returned to commodities after big sell-offs last week. Benchmark crude for May rose 41 cents to $88.42 at midday Bangkok time in [...]
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Oil prices up in Asia on bargain hunting

23-Apr-2013 Intellasia | The Economic Times | 6:00 AM

Oil prices rose in Asian trade Monday as bargain-hunters moved in following a price plunge last week as investors waited for fresh economic data from China, analysts said. [...]
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