AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

FOREIGN OIL FIRMS MAY BE ALLOWED INTO TAIWAN MARKET THIS YEAR.

AsiaPulse News

| April 02, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TAIPEI, April 2 Asia Pulse - Foreign oil firms are eyeing the much anticipated opening of Taiwan's petroleum market, which is expected to happen as early as this September as long as related legislation proceeds smoothly.

Exxon-Mobil, one of the largest oil conglomerates in the world, has mapped out plans to establish 10 service stations in northern and central Taiwan initially, in the belief that the market will be opened before long.

Exxon's plan to edge into the local market, which will undoubtedly be followed by similar moves by other international oil firms, poses a threat to the state-run Chinese Petroleum Corp. (CPC) and the Formosa Plastics Group (FPG), the only private oil processor and operator in Taiwan now.

According to Chen Chao-yi, secretary-general of the Energy Commission under the Ministry of Economic Affairs, the legislation of the petroleum management law is expected to be ...

Related articles from newspapers, magazines, journals, and more
Chavez squeezes the oil firms; Venezuela.(Hugo Chavez's government looks like...
Magazine article from: The Economist (US) November 12, 2005 700+ words
...s decision to force foreign oil companies, at short...arrangements relieve the oil firms of all risk. It is...that in recent years, oil firms have lost market power...were first signed, the foreign oil firms have come under fire...
Ecuador accuses foreign oil firms of underpaying pipeline taxes.
Newspaper article from: The Oil Daily Fargo, Jason July 14, 2009 700+ words
...owned jointly by a number of foreign oil firms. Speaking during a Saturday...government has taken against foreign oil companies. In 2007, he unilaterally...Petroecuador. Since last summer, most foreign oil firms in Ecuador have signed one...
FOREIGN OIL FIRMS CONDUCT OIL OPERATIONS IN TARIM BASIN
News wire article from: AsiaInfo Services June 12, 1996 700+ words
AsiaInfo Services 06-12-1996 Foreign Oil Firms Conduct Oil Operations in Tarim Basin CHINA, Jun...covered by the Taklimakan Desert, China has allowed foreign oil firms to conduct oil operations there. Now several major...
INDONESIA -- Foreign oil firms slashed upstream spending by nearly 90% in the...
Newspaper article from: Petroleum Intelligence Weekly October 22, 2001 700+ words
INDONESIA -- Foreign oil firms slashed upstream spending by nearly 90% in the year through September, forcing a budget revision in Jakarta on fears that crude...
Firms interested in Venezuela. (about 30 foreign oil firms interested in...
Newspaper article from: The Oil Daily June 27, 1994 700+ words
CARACAS, Venezuela -- The president of state-run Petroleos de Venezuela S.A. (PDVSA) said at least 30 foreign oil firms have expressed interest in participating in a tender for production- or profit-sharing oil contracts that is expected...
Indonesia -- Jakarta's latest fuel price hike puts it back on the long road...
Newspaper article from: Petroleum Intelligence Weekly January 21, 2002 700+ words
...on the long road towards achieving the elusive goal of a deregulated products market, which could finally entice foreign oil firms to invest in Indonesia's downstream market. Domestic cooking and transport fuel prices were hiked by an average...
Russia--Moscow is hatching plans to tighten its grip on production sharing...
Newspaper article from: Petroleum Intelligence Weekly August 19, 2002 700+ words
...PSA legislation that would give the state an increased role in such projects--and likely strain relations with foreign oil firms. One of the proposed options would shift controlling stakes in each PSA project to Rosneft and Zarubezhneft, which...
Waiting game; Foreign oil firms in Iraq.
Magazine article from: The Economist (US) July 4, 2009 700+ words
...half the amount BP originally sought. Oil firms balked at the miserly terms Iraq was...the auction, saying he had sent the oil firms a "message that there are people in...self-confidence on the part of big oil firms despite bruising encounters with resource...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA