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  • July 14, 2014
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Results 1 - 10 of 33 for gas plant

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  1. Business - Commodities - EARNINGS

    PetroChina sets spending limit for next few years to improve efficiency

    Posted Mar 21st 2014, 01:04am by Eric Ng

    ... to co-invest in its projects, including pipelines, undeveloped and difficult-to-extract oil and gas reserves, refineries, chemical plants and overseas business, as part of state enterprise reforms ... Eric Ng eric.mpng@scmp.com Mainland oil and gas producer pushes quality and efficient growth while capping budget for production capacity boost at 296.5 billion yuan PetroChina sets ...

  2. Business - Companies - EARNINGS

    Johnson Electric under pressure from rising wages, increased plant cost

    Posted May 16th 2014, 01:05am by Sophie Yu

    ... is forecasting a decline in its gross profit margin for the coming year due to aggressive investment in new plant and rising labour costs on the mainland. "We are opening new plants in Serbia, ... continue to expand its business on the mainland, even though its new plants were in other countries. "It doesn't mean we are leaving China," he said. "China is a very successful ...

  3. Business - Commodities - EARNINGS

    ENN targets 25pc growth in gas sales after profit falls 15.5pc

    Posted Mar 26th 2014, 06:34am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Energy firm aims to add up to eight city gas distribution projects after profit falls 15.5pc ENN targets 25pc growth in gas sales ENN Energy, one of the mainland's largest city gas distributors, posted a 15.5 per cent fall in net profit to 1.25 billion yuan (HK$1.6 billion) last year while announcing plans to raise gas sales by 25 per cent as it aims ...

  4. Business - Companies - EARNINGS

    CLP expects more Australia gloom

    Posted Feb 28th 2014, 01:10am by Eric Ng

    ... grown 13 per cent because plants take years to build and were based on outdated forecasts. Lower demand was caused by a rise in subsidised home solar panel installations and industrial plant ... plant so that 80 per cent of its output will be supplied to Hong Kong from late this year to 2018, up from 70 per cent. Betty Yuen, vice-chairwoman of CLP Power Hong Kong, said that would lower ...

  5. Business - China Business - EARNINGS

    SMIC shores up chip production with US$1b capital outlay this year

    Posted Apr 30th 2014, 01:31am by BIEN PEREZ

    ... last year, while US$400 million will be for buying used equipment for its Shenzhen fabrication plant. A further US$110 million will be spent on building quarters for employees at production ...

  6. Business - Companies - EARNINGS

    CLP looks to cut Australian capacity as profits drag

    Posted Aug 13th 2013, 12:00am by Eric Ng

    ... gas-fired plant and coal-fired plant there suffered from low utilisation, due to high gas prices and coal shortages. CLP said supply of "reasonably priced" gas remained a concern, ... of HK$45 million, compared with a profit of HK$268 million in the year-earlier period. An 11 per cent fall in power retail sales could not be made up by a 4 per cent rise in gas sales. Residential ...

  7. Business - Commodities - EARNINGS

    Nexen costs eat into CNOOC profit

    Posted Mar 29th 2014, 01:13am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Offshore oil and gas producer posts surprise 11.4pc decline in net income after Canadian deal Nexen costs eat into CNOOC profit CNOOC posted a disappointing ... last year. The state-backed firm, China's dominant offshore oil and gas producer, reported a net profit of 56.46 billion yuan (HK$71 billion), down 11.4 per cent from 2012, and 10.9 per ...

  8. Business - Commodities - EARNINGS

    Sinopec tips weaker oil prices amid supply glut after profit rises 3.5pc

    Posted Mar 24th 2014, 04:45am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Oil and gas producer allots 161.6 billion yuan for capacity expansion after profit rises 3.5 per cent Sinopec tips weaker oil prices amid supply glut China Petroleum & Chemical (Sinopec), the country's second-largest oil and gas producer, expects a supply glut to pressure oil prices this year after it posted a less-than-expected 3.5 per cent ...

  9. Business - Commodities - EARNINGS

    Sinopec details sale plan of fuel unit

    Posted Mar 25th 2014, 01:32am by Eric Ng

    ... plan of fuel unit China Petroleum & Chemical (Sinopec) aims to complete by the third quarter a fund-raising exercise for its fuel marketing operations to help cut debt, fund shale gas development and fuel quality upgrade programmes. The nation's second-largest oil and gas producer and the world's second-largest oil refiner plans to set up a company to hold its motor fuel ...

  10. Business - Commodities - EARNINGS

    Huaneng warns of output challenge

    Posted Mar 19th 2014, 01:25am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Mainland power firm says it is being squeezed by increased supplies of clean energy rivals and anti-pollution controls on its coal-fired plants Huaneng warns ... plants' output has been subject to tight control as part of measures to control air pollution, its output growth was facing challenges. "Not only that, with the commissioning of large amounts ...




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