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Total in talks with Myanmar to build LNG power plant

Bloomberg Total SA is in talks with Myanmar to supply the country’s most populous city, Yangon, with liquefied natural gas. The French energy giant may also build a power plant, according to Xavier Preel, general manager of Total E&P Myanmar. Total, which sold about 11 million tons of LNG last year, is seeking to expand its footprint in downstream activities ...

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Najib eyes Malaysian farmer votes with bigger aid package

Bloomberg Malaysian Prime Minister Najib Razak raised the stakes in his efforts to secure the votes of palm oil farmers, announcing hundreds of millions of dollars in aid ahead of an election that could come within months. Farmers who come under the auspices of the Federal Land Development Authority, or Felda, will get cash handouts from the end of August, ...

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China’s diesel, gasoline exports surge to ease domestic supply glut

Bloomberg China’s diesel and gasoline exports surged in the first half of the year as a domestic supply glut and slowing demand growth prompted refiners to sell more fuel abroad. Diesel shipments jumped almost 21 percent in the first six months compared to the same period a year ago, averaging about 328,500 barrels a day, according to Bloomberg calculations based ...

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