LAUNCESTON, Australia, March 28- Such is the impact of the shale gas revolution in the United States that it's quite possible that babies born today will no longer play with plastic dolls and cars made in China. It's almost become a fait accompli that China is the world's factory, but the early warning signs that this may be changing are starting to show.
BEIJING, March 21- China's crude oil imports from Iran rebounded last month from a 10- month low hit in January, official data showed, in line with an International Energy Agency report that said new U.S. sanctions appeared to have had little impact on shipments.
This potential energy source will be irrelevant, however, to almost everyone for many decades to come, except perhaps Japan. In an apparent breakthrough, state-owned Japan Oil, Gas and Metals National Corporation has extracted natural gas from hydrate accumulations hundreds of meters below the seabed from a drill ship off the east coast of Japan.
*China to impose "special restrictions" on steel mills. BEIJING, March 11- New rules aimed at making China's sprawling steel sector greener will do little to tackle rampant overcapacity or help Beijing protect its big state-owned mills from smaller, nimbler rivals.
SINGAPORE/ SEOUL, Jan 25- South Korea's Samsung Total Petrochemicals Co has revived a contract to buy Iranian oil after a year's hiatus, as thin margins in plastics make the cheap fuel from Iran hard to resist, people familiar with the deal said on Friday.
LONDON/ NEW YORK, Jan 17- Soaring U.S. exports of liquefied petroleum gas, a side product of the shale boom, are giving energy markets a taste of the tectonic changes they could see if and when the United States passes the milestone of exporting natural gas. It is a taste of things to come, very much so, "said Seth Kleinman, head of energy strategy at Citi Group in London.
SAO PAULO, Jan 4- Brazil's Northeast is suffering its worst drought in decades, threatening hydro-power supplies in an area prone to blackouts and potentially slowing economic growth in one of the country's emerging agricultural frontiers.
HONG KONG, Dec 31- Hong Kong shares could end 2012 off 18- month closing highs on Monday as the United States dittered on a deal that will avert a fiscal crisis, with turnover likely weak in a half day session before shutting for the New Year's Day holiday.
FRANKFURT, Dec 7- Makers of chemicals and plastics from plant matter are emerging as unlikely beneficiaries of the abundance of U.S. shale gas, which is shaking up the global petrochemical industry.