Date: Tuesday, September 8th, 2015 Australia’s Woodside makes $8.1 billion bid for PNG-focused Oil Search (English) Source: Agence France Press, 08 September 2015 Australian energy giant Woodside Petroleum has recently made an estimated AUD $11.6 billion bid for Oil Search, in a move to tap into the Papua New Guinea market. Woodside last month reported a …
Financial Services Talking Points 07-09-2015
Date: Monday, September 7th, 2015 Statement about regulations of MNCs’ foreign currency funds in concentrated operation and management (Chinese) Source: safe.gov.cn, 02 September 2015 In order to facilitate trading investment and serve the substantial economy, SAFE decided to implement several pilot programs. These improvements include simplifying opening account requirements and foreign exchange procedures, attempting …
Energy Talking Points 02-09-2015
Date: 2nd September, 2015 PetroChina’s H1 net profit slumps 63% (English) Source: Shanghai Daily, 28th August 2015 Despite an increase in sales volume, China’s largest oil and gas producer, PetroChina Co, has seen net profit plunge by 63% in the first half of the year as falling oil prices squeeze earnings. As a sign of …
Food & Agribusiness Talking Points 01-09-2015
Date: 1st September 2015. Grass roots campaign supports farmers voice on trade (English) Source: National Farmers’ Federation, 27th August 2015. NFF President Brent Finlay has stated that ChAFTA, if ratified, would deliver more jobs and opportunities right through the agricultural supply chain, including for farmers and the communities they support. Additionally, Mr Finlay outlined the …
Energy Talking Points 27-08-2015
Date: 27th August 2015 Jemena is considering to merge a gas storage factory from Energy Australia Pty (Chinese) By Sohu.com, 26 August 2015 Acxording to a report from the Sydney Morning Herald, Jemena, a firm being hold by State Grid Corporation of China, started to assess the facilities of the factory, but they have not …