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AseanPlus News 05 May 2007 | 12:00 AM

Major find boosts reserve

CHINA'S newly found oilfield in Bohai Bay has a reserve of one billion tonnes, or about 7.35 billion barrels, the largest discovery in the country over four decades, announced the China National Petroleum Corporation (CNPC) on Thursday.

Business 07 May 2011 | 12:00 AM

What’s wrong with the international monetary system?

Lin See-Yan underlines the basic weaknesses in the international monetary system.

World 07 Sep 2012 | 12:00 AM

Obama to say Americans face starkly different paths

CHARLOTTE, North Carolina (Reuters) - President Barack Obama will tell Americans on Thursday they face two starkly different paths in the November 6 election and that his way may be hard but will bring economic renewal if given more time.

World 07 Sep 2012 | 12:00 AM

White House consults experts as it mulls tapping oil reserve

WASHINGTON (Reuters) - Obama administration officials met with a handful of oil market experts on Thursday as the White House considers the merits of another release of emergency oil reserves - potentially one much larger than the last.

World 07 Sep 2012 | 12:00 AM

Obama to offer Americans a more realistic message

CHARLOTTE, North Carolina (Reuters) - President Barack Obama will offer Americans a more realistic follow-up to his 2008

World 07 Sep 2012 | 12:00 AM

Obama to offer Americans a more realistic message

CHARLOTTE, North Carolina (Reuters) - President Barack Obama will offer Americans a more realistic follow-up to his 2008

World 07 Sep 2012 | 12:00 AM

Obama to offer Americans a more realistic message

CHARLOTTE, North Carolina (Reuters) - President Barack Obama will offer Americans a more realistic follow-up to his 2008

Business 13 Aug 2013 | 2:53 PM

China set to become world's biggest net oil importer

BEIJING: China is set to overtake the United States as the world's largest net oil importer from October, according to US figures, due to a combination of rising Chinese demand and increased US production.

Business 14 Oct 2013 | 1:05 PM

Asia-Pacific oil imports by 2035 to rise close to Mideast 2011 crude output - ADB

DAEGU (South Korea): Net oil imports in the Asia-Pacific will rise to more than 25 million barrels per day in 2035, or close to the current crude output in the Middle East, as energy demand growth outpaces the rest of the world, the Asian Development Bank said on Monday.

Business 05 Sep 2016 | 12:00 AM

Asia oil output to shrink on lack of investments, price may rise

SINGAPORE: A widening gap between Asia’s oil production and demand is creating a growing capital drain for the region and leaving countries vulnerable to global supply disruptions and a sudden surge in oil prices