Gas – As natural gas prices in Asia continue to rise, more investors are shifting their attention to coalbed methane, a commodity with characteristics similar to conventional natural gas.
Articles Tagged "asia"
Diamond – In China and India, increasingly wealthy consumers who are adopting the western tradition of giving diamond jewelry to celebrate engagements and weddings are beginning to drive demand in the diamond market.
Cobalt – Tanzanian exploration specialists are kicking off a nickel- and cobalt-focused spin off aimed at tapping China and India's growing demand for resources in Eastern Africa.
Tungsten – Colt Resources Inc. (PINK:COLTF), a Canadian junior exploration company that acquires, explores, and develops mineral properties such as tungsten, has announced that it was able to secure commitments to sell to Asian and Portuguese based investors, in addition to a number of the company’s directors 17,777,778 common shares at $0.45 per share, accumulating a total gross proceeds of $8,000,000.
Diamond – The International Business Times reported that by the end of the decade, majority of consumers of diamonds could likely be in Asia with an expected rise of diamond sales at $26.1B by 2020.
Oil – Woodside Petroleum Ltd.’s purchase of a stake in Israel’s biggest natural gas deposit takes Asia-Pacific oil and gas acquisitions to a record US$99 billion this year, on par with the US for the first time.
Oil – Benchmark U.S. crude-oil futures climbed on Friday, rebounding from losses seen in Asia, as the commodity looked to squeak through the month of November with a small gain.
Oil – Canada should build oil and gas links to Asia as the government reviews Cnooc Ltd. (883)’s bid for Nexen Inc. (NXY), said Jim Prentice, vice chairman of Canadian Imperial Bank of Commerce and an ex-industry minister. As quoted in market news: Canada is right now aggressively engaged in diversifying its energy markets with an eye to Asia. Saying [...]
Gas – Heavyweights BP, ConocoPhillips, ExxonMobil and TransCanada are backing a proposal to export natural gas from Alaska that is likely to add pressure to other projects in the area.
Oil – The Wall Street Journal reported that PetroChina Company Ltd. (HKEX:0857) has set aside $15.7 billion for overseas oil and gas investments this year, and is on the hunt for acquisitions in Central Asia, East Africa, Australia and Canada.