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  • HONG KONG, Feb 23- Hong Kong shares ended little changed on Monday, with gains in Tencent Holdings offsetting weakness in casino operators and oil firms and as most investors stuck to the sidelines awaiting major corporate earnings later in the week. Conglomerate Hutchison Whampoa as well as property firms including Cheung Kong, Sun Hung Kai Properties and New...

  • *HSBC to announce earnings on Monday, Cheung Kong later the week. HONG KONG, Feb 23- Hong Kong shares dipped on Monday, with oil firms and casino operators leading the slide, as investors awaited direction from major corporate earnings later the week, marking a weak start to the Year of Goat. Property group Cheung Kong and conglomerate Hutchison Whampoa are set to...

  • *China raises initial 2015 oil product export quotas by 20 pct. China controls oil product exports through quotas to state-run refiners after assessing domestic needs. This year Sinopec Corp, CNOOC Ltd and PetroChina were given an oil product export quota of 9.75 million tonnes, up about 20 percent from the initial limit set for 2014, industry sources with...

  • Feb 17- China is considering combining its huge state-controlled oil companies to better compete with the world's biggest producers, the Wall Street Journal reported. Other options include merging China National Offshore Oil Corp, or CNOOC, and Sinochem Group, the report said. China said late last year that it would merge the country's top two state-owned...

  • BEIJING, Feb 8- A deepsea natural gas discovery in the northern part of the South China Sea has certified proven reserves exceeding 100 billion cubic metres, making it one of China's biggest offshore finds, Chinese state television reported. Offshore oil and gas specialist CNOOC Ltd announced the discovery last August after striking high flows of gas in the...

  • Hong Kong shares gain on Greece hopes, higher oil price Wednesday, 4 Feb 2015 | 3:07 AM ET

    Feb 4- Hong Kong shares rose in line with most Asian markets, lifted by a rebound in the oil price and encouraging developments in Greece. The energy sector led gains in Hong Kong on Wednesday, sparked by the recent rally in oil prices. Among the most actively traded main board stocks were Chaoda Modern Agriculture Holdings Ltd, down 6.0 percent at HK $0.40; Unity...

  • SINGAPORE, Feb 4- Oil prices fell on Wednesday as renewed concerns over global demand and high stock levels halted a rally that pushed up prices by about 19 percent over the past four sessions. Brent crude was 50 cents lower at $57.41 a barrel by 0336 GMT, after gaining almost 6 percent on Tuesday and off a near six-year low of $45.19 reached in mid-January.

  • U.S. oil prices drop around 2 pct after 4-day rally Tuesday, 3 Feb 2015 | 7:25 PM ET

    SINGAPORE, Feb 4- U.S. crude futures fell more than 2 percent in early Asian trade on Wednesday, after a tumbling dollar had pushed up prices by about 19 percent over the last four sessions. Estimates by industry group American Petroleum Institute that U.S. crude stockpiles rose more than 6 million barrels last week, in a fifth straight week of climbs, helped drive...

  • *Half of the assets on sale are in North America. *North Sea could prove a hard sell. LONDON, Jan 30- With more than $110 billion of oil and gas assets on the block as companies big and small count the cost of the collapse in oil prices, it is now a question of who will blink first to set the M&A scramble in motion.

  • HONG KONG, Jan 22- International law firm Dentons and China's Dacheng Law Offices have agreed on a merger that is expected to create the world's largest law firm and would be only the second time a global firm and a domestic Chinese firm have joined forces. A spokeswoman for Dentons said partnerships of both firms had approved the deal and that China's Ministry of...

  • US alliances in Asia strained amid China's influence Saturday, 8 Nov 2014 | 9:57 PM ET
    President Barack Obama speaking at the White House, November 5, 2014.

    As Washington seeks to expand American interests in Asia, some U.S. partners have shown less willingness to challenge Beijing.

  • Asia stocks mixed after end of QE; earnings in focus Thursday, 30 Oct 2014 | 3:05 AM ET

    Asian equities ended mixed on Thursday as investors reacted to the end of quantitative easing in the U.S. and the region's latest earnings.

  • South China Sea: Lots of oil, lots of uncertainty Thursday, 9 Oct 2014 | 12:56 PM ET
    Coast guard vessels from China (rear) and Vietnam in a disputed part of the South China Sea near China's oil drilling rig, May 14, 2014.

    The area is expected to hold billions of barrels of oil and trillions of cubic feet of gas, but energy firms are tentative about the region.

  • China studies floating gas plants for South China Sea Wednesday, 16 Jul 2014 | 7:22 PM ET

    Chinese energy giant CNOOC is looking at building a multi-billion-dollar floating liquefied natural gas plant to produce gas from the South China Sea.

  • In the heart of Vietnam-China standoff at sea Monday, 14 Jul 2014 | 6:28 PM ET

    It's not often you get a chance to see one of the most dangerous flashpoints in Asia.

  • Tensions rise after China sinks Vietnamese boat Tuesday, 27 May 2014 | 1:45 AM ET

    Vietnam and China traded accusations over the sinking of a Vietnamese fishing boat not far from where China has placed an oil rig in disputed waters.

  • China, Vietnam playing dangerous game of chicken Thursday, 15 May 2014 | 10:54 AM ET
    Anti-China protesters march while shouting slogans in Ho Chi Minh City, May 11, 2014.

    China's expansion of its oil operations is only part of the reason behind its rising conflict with Vietnam.

  • Tensions rise as Vietnam says China rammed ships Wednesday, 7 May 2014 | 8:06 PM ET
    Vietnam Maritime Police's Deputy Commander Do Ngoc Thu speaks during a press conference on the latest maritime tension between Vietnam and China in Hanoi on May 7, 2014.

    Tensions rise as Vietnam said on Wednesday a Chinese vessel intentionally rammed two of its ships in a part of the disputed South China Sea.

  • Warren Buffett’s latest value bet on energy Sunday, 6 Apr 2014 | 9:00 AM ET
    A sign directing traffic to the Suncor Oil Sands, north of Fort McMurray, Alberta, Canada.

    The Oracle sees good value in Canadian oil-and-gas companies with long-life reserves. The sector is now trading at historic low multiples.

  • Foreign investors' US power play Thursday, 6 Mar 2014 | 7:30 AM ET
    A gas flare is seen at an oil well near Williston, North Dakota.

    China, India and other countries are spending billions of dollars to acquire U.S. oil and gas assets and gain access to proprietary energy technology.