Osaka Gas Co., Japan’s second- biggest city-gas distributor, is seeking another U.S. gas asset even after losing money on a similar investment.
China’s power-station coal prices rebounded from the lowest level in more than five years as the nation’s largest railway for transporting the fuel curtailed shipments because of maintenance.
The following is a selection of the most important news affecting the oil market.
China plans to ban imports of coal with high-ash and high-sulfur content as the nation seeks to limit the dirtiest fuels to fight pollution.
BG Group Plc, Britain’s third- largest natural gas producer, will move its global headquarters for marketing LNG and oil to Singapore in a boost for the city’s stature as a trading hub.
Singapore’s political neutrality and English-speaking workforce will help the city-state become an Asian hub for LNG trading, according to the government.
As smoke from Indonesia’s burning forests drifted across the Strait of Malacca into Singapore last June, the pollution index shot up and Ong Eng Tong’s golf course shut down.