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  • July 29, 2014
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  1. Business - Commodities - ENERGY

    Chinese demand for Indonesian coal increases despite pollution fears

    Posted Jul 07th 2014, 05:26am by Eric Ng

    ... Xin-wei, the chief executive of the Hong Kong-listed company, said it planned to mine and sell 4.5 million to 5 million tonnes of coal during this financial year to March, up from 3.8 million tonnes and 2.8 million tonnes in the past two financial years. "Indonesia is close to both India and China, and its coal production cost is among the lowest in the world as 99 per cent ...

    http://www.scmp.com/business/commodities/article/1548271/chinese-demand-indonesian-coal-increases-despite-pollution
  2. Business - China Business - ENERGY

    China Oilfield Services shares dip marginally after fund-raising

    Posted Jan 08th 2014, 01:03pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com COSL up after HK$5.8b fundraising Shares of China Oilfield Services (COSL), the nation's dominant offshore oil and gas drilling services provider, gained ... and incremental returns could be sub-optimal." Gordon Kwan, head of regional oil and gas research at Nomura Securities, quoted COSL chief financial officer Li Feilong as telling an analysts ...

    http://www.scmp.com/business/commodities/article/1400606/china-oilfield-services-shares-dip-marginally-after-fund
  3. Business - Commodities - ENERGY

    Timely Russian gas deliveries to China look far from certain

    Posted Jun 30th 2014, 01:40am by Eric Ng

    ... gas in the next five financial years. Macquarie Securities analysts said in a research report they expected Russian gas to start flowing to China in 2019 at the earliest and that a ramp-up ... China Gas sold 8.2 bcm in the year ended March. It aims to sell 10 bcm during this financial year and 12 bcm in the next. ...

    http://www.scmp.com/business/commodities/article/1543249/timely-russian-gas-deliveries-china-look-far-certain
  4. News - Hong Kong - ENERGY

    Hong Kong needs reserves of natural gas and more energy sources: lawmaker

    Posted Jun 30th 2014, 11:10am by Ernest Kao

    ... The city currently keeps a 30-day strategic reserve supply of fuel oil, which is managed by the Electrical and Mechanical Services Department. The Reserve Commodities Ordinance, which covers rice, ...

    http://www.scmp.com/news/hong-kong/article/1543439/hong-kong-needs-reserves-natural-gas-and-more-energy-sources-lawmaker
  5. Business - Commodities - ENERGY

    China Petrochemical targets China shale gas reserves

    Posted Jun 16th 2014, 03:07am by Eric Ng

    ... for technology transfers that would help unlock the mainland's vast untapped shale gas resources. Analysts said China Petrochemical's drilling services ventures with Switzerland's Weatherford International and FTS International of the United States would also boost the image of Sinopec Oilfield Service, a unit of subsidiary China Petroleum & Chemical Corp (Sinopec), which ...

    http://www.scmp.com/business/commodities/article/1533592/china-petrochemical-targets-china-shale-gas-reserves
  6. Business - Commodities - ENERGY

    China Inc joins the big league in oil and gas services

    Posted Apr 16th 2014, 01:21am by Reuters

    ... Reuters China emerges as force in oil and gas services Global oil companies are increasingly turning to China for services and equipment, attracted by lower costs and a newly acquired expertise that is challenging more established rivals. State-run and privately controlled Chinese rig makers, oil and gas services and engineering firms are showing up in the supply chain everywhere ...

    http://www.scmp.com/business/commodities/article/1483280/china-inc-joins-big-league-oil-and-gas-services
  7. News - Hong Kong - ENERGY

    Hong Kong split over whether to import more power from mainland China

    Posted Jun 18th 2014, 02:54am by CHEUNG CHI-FAI

    ... might compromise the city's system, which rates well in studies of reliability and consistency, surpassing other financial centres like London and New York. They say they expect ...

    http://www.scmp.com/news/hong-kong/article/1535230/hong-kong-split-over-whether-import-more-power-mainland-china
  8. Business - Commodities - ENERGY

    China Resources Gas counts on Russia deal boost

    Posted May 31st 2014, 12:59am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com CR Gas counts on Russia deal boost China Resources Gas, one of the mainland's largest city gas distributors, said the boost in gas supply from the US$400 billion Sino-Russian gas agreement signed by the two nations recently would have a positive impact on the company. "Currently we have 23 projects in northeast China," chief financial ...

    http://www.scmp.com/business/commodities/article/1522217/china-resources-gas-counts-russia-deal-boost
  9. Business - China Business - ENERGY

    State Grid to invite private capital to build electric-car charging stations

    Posted May 28th 2014, 01:00am by Kwong Man-ki

    ... into the state grid, marking a step forward to the opening up of the utilities segment amid state-owned sector reform. State Grid said yesterday that it would support charging services for all kinds ...

    http://www.scmp.com/business/china-business/article/1520186/state-grid-invite-private-capital-build-electric-car
  10. News - China - ENERGY

    China, Russia sign historic natural gas supply deal worth US$400b after decade of talks

    Posted May 21st 2014, 05:51pm by Teddy Ng

    ... was a "tangible result" for Putin that he could get things done despite his difficulties with the West, said Rafaello Pantucci, a senior research fellow with the Royal United Services Institute, ...

    http://www.scmp.com/news/china/article/1517296/russia-china-sign-long-awaited-gas-deal

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