Category: ResourceAsia
Inpex takes 26pct stake in offshore block from ONGC
Japan’s top oil and gas explorer, Inpex Corp (1605.T), said on Monday it had agreed to acquire a 26 percent stake in an offshore Indian exploration block, [...]
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Indonesia court scraps mineral export regulations -industry body
Indonesia’s supreme court has scrapped a May 6 government ban on the export of unprocessed minerals, the country’s chamber of commerce said on Monday, and urged [...]
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Canada delays decision on CNOOC’s Nexen bid
The Canadian government has again delayed a decision on whether a Chinese state-owned company can take over Canadian energy producer Nexen Inc., saying it needs more time to [...]
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Total gives boost to Mahakam gas output
Total E&P Indonesie, the local unit of French oil and gas firm Total SA, has increased gas production from its Mahakam block in East Kalimantan, boosting the [...]
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Balance swings in favour Indonesia of geothermal
As the world’s most volcanically active country, Indonesia has been bestowed with unparalleled potential reserves of geothermal energy, which is renewable and produces [...]
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PTTGC in joint-venture talks with Pertamina of Indonesia
PTT Global Chemical (PTTGC) is expected to make a final decision before the year is over as to whether it will join Indonesia’s Pertamina in investing in a [...]
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Indonesia cuts requirement on domestic coal sales
The Indonesian government has decided to reduce the amount that coal miners must sell in the domestic market this year by 18 percent due to lower consumption by power plants. [...]
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China says a large uranium mine discovered
China, which has undertaken a big expansion of nuclear power generation, has been boosted by the discovery of a large uranium deposit in the northern regions. The mine, [...]
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Giant copper mine offers Mongolia a cash bonanza
Deep in the heart of the Gobi Desert in Mongolia amid a landscape of sand dunes and ice canyons, one of the world’s biggest copper mines is about to come on stream. [...]
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Japanese firms plan 1400-km gas pipeline from Russia’s Sakhalin
A group of Japanese companies plans to lay a 1,400-kilometer pipeline to import natural gas from Russia’s Sakhalin island, which could reduce procurement costs [...]
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No decision yet on Thai oil and gas licences
The government has yet to decide on opening a new round of exploration and production licence bids for 22 onshore and offshore oil and gas sites with a combined area of [...]
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Total says gas production has begun at Indonesia’s S Mahakam
Gas and condensate production has commenced at Total’s main Stupa platform in Indonesia’s South Mahakam field, with gas production reaching 100 MMsfcd as of [...]
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China to promote rising star in Bo Xilai’s old stomping ground – sources
BEIJING (Reuters) – China is set to promote two rising stars and possible future national leaders at a Communist Party congress opening next week, one taking the old [...]
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Kula Gold on road to be next PNG gold producer with $5m raising
Proactive Investors Australia 05/Nov/2012 Intellasia | AFP Kula Gold (ASX: KGD) has received solid support from sophisticated and institutional investors, successfully [...]
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Australia Mining Group makes new Philippines gold discovery
Mining Group (ASX: MNE) has discovered high potential gold bearing veins at the Taub prospect at its Comval copper-gold project in the Philippines with exploration delivering [...]
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