Enbridge Energy Partners, L.P. announced a non-binding Open Season for additional firm capacity on its Enbridge Pipelines (Midla), L.L.C. subsidiary’s interstate natural gas transmission ‘Midla’ pipeline system. The Midla system is a 170-mile, 22-inch diameter low-pressure pipeline spanning Louisiana and Mississippi from the Perryville Hub area at the north end of the system to [...]

Despite a drop in the volume of oil imports, South Korea’s import bill rose sharply this month from a year earlier as international crude prices shot up, government data showed Sunday.
The country imported US$6.3 billion worth of crude in the first 27 days of March, with the amount likely to hover above $7.1 billion for [...]

Abu Dhabi National Oil Company (ADNOC), the energy giant of the United Arab Emirates (UAE), signed on Sunday a memorandum of understanding (MoU) with a Japanese bank to set up a comprehensive partnership in the oil and gas sector.
The document between ADNOC and the Japan Bank for International Cooperation (JBIC) was signed in the presence [...]

China aims to produce 193 million tonnes of oil and 92 billion cubic metres of natural gas by 2010, according to an energy blueprint released by the National Development and Reform Commission (NDRC) on April 10.
While the target represents a mere 5% growth in oil output compared to last year, or 2.12% in annual growth, [...]

Net oil imports to the Philippines fell 2.6 percent in volume terms last year partly due to conservation measures implemented as prices soared, the government said on Sunday.
Energy Secretary Raphael Lotilla said the country’s net oil imports fell to 100.8 million barrels last year compared with 103.46 million in 2005.
However, the Southeast Asian country’s net [...]

While oil companies reaped gargantuan profits in 2006 amid high prices, U.S. demand for petroleum dipped for the second year in a row, a trade group said Friday.
Total petroleum deliveries, a measure of demand, fell by roughly 1 percent to 20.6 million barrels per day, down from 20.8 million in 2005, which was below the [...]

Thailand’s demand for all fuels and power is expected to rise 5.1 percent to 1.64 million barrels of oil equivalent per day in 2007, compared with estimated demand growth of 2.4 percent in 2006, the Energy Ministry said on Monday.
Demand for oil products in 2007 was projected to rise 1.7 percent, versus an estimated fall [...]

Energy ministers from the U.S., China, India, Japan and South Korea are gathering in Beijing Saturday for a meeting aimed at boosting China’s influence over key energy markets while alleviating worries over its huge and growing appetite for oil.
The talks, hosted by China’s top economic planner, Ma Kai, are part of a broad diplomatic offensive [...]

AUSTRALIA’S booming energy export levels are likely to continue for 24 years as world demand for gas, coal, uranium and oil continue to be pushed skyward by China.
In its World Energy Outlook for 2006, the International Energy Agency is predicting energy demand to increase by 53 per cent by 2030, a growth rate of 1.6 [...]

Oil prices edged higher Tuesday, after tumbling more than $2 a barrel the previous day as traders anticipated that U.S. supply data due out this week would show rising inventories of crude.
Traders were also doubtful about OPEC’s ability to implement its plan to cut 1.2 million barrels a day of production — or that it [...]