Asia Pacific

Asia Pacific

Australia product demand up

Australia’s oil product imports in 2015 are expected to grow at the fastest pace in at least seven years as it shuts another ageing refinery, putting it on track to...

Asia Pacific

Nepal clears China project

Nepal’s investment board cleared China’s Three Gorges International to build a long-delayed $1.6 billion new hydropower project, the single biggest foreign investment in...

Asia Pacific

China crude imports rise

China’s imports rose 14 per cent in March from a year ago, customs data showed, as domestic oil production has remained flat and demand for refined fuel products held at...

Asia Pacific

Hanoi to cut import duty

Vietnam will reduce the import duty on petrol and kerosene to 20 per cent, from 35 per cent now, and also lower the duties on diesel and fuel oil before tripling the...

Asia Pacific

Shell-BG deal to hit market

Some of Australia’s biggest manufacturers fear a planned $70 billion takeover of BG Group by Royal Dutch Shell could potentially worsen what they see as a lack of...