Thailand aims to revive a long-stalled plan to become an oil trading and biofuel hub in Southeast Asia, challenging Singapore's dominance, its new energy minister said on Thursday. The net oil importer
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The time has come for the government to get off the oil industry's back The runaway rise in international oil prices, which recently crossed $100 a barrel, has put Indian oil companies in a spot. Even as their costs rise, they are unable to raise prices to get the resources needed for acquiring oil assets or otherwise build the infrastructure needed for oil security.