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  • April 19, 2014
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  1. 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 ... and an abundant supply of raw materials like steel, China could become a major offshore oil equipment manufacturing hub in less than 10 years, industry executives say. "The Chinese provide products ...

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

    Russia-China pipeline gas deal more likely after Ukraine political crisis

    Posted Apr 11th 2014, 12:00am by BLOOM

    ... Bloomberg in Moscow Ukraine crisis likely gives impetus for a 30-year pipeline supply agreement Russia spurred to sign China gas deal Russian President Vladimir Putin is more likely to sign a 30-year deal to supply pipeline gas to China after more than a decade of false starts because the crisis in Ukraine is forcing Russia to look for markets outside Europe. While Putin ...

    http://www.scmp.com/news/asia/article/1474607/russia-china-pipeline-gas-deal-more-likely-after-ukraine-political-crisis
  3. Business - Commodities - ENERGY

    Russia close to reaching gas supply deal with China

    Posted Apr 10th 2014, 01:01am by Reuters

    ... Reuters in Moscow Gazprom hopes to sign supply contract next month that will include building a pipeline Russia close to reaching gasdeal with China Russia yesterday said it was close to signing a deal to sell natural gas to China, a long-sought agreement which President Vladimir Putin could hold up to show Western sanctions over Crimea cannot isolate his country. The deal ...

    http://www.scmp.com/business/commodities/article/1472382/russia-close-reaching-gas-supply-deal-china
  4. Business - Commodities - ENERGY

    China’s coal miners in crisis

    Posted Apr 02nd 2014, 09:45am by Reuters

    ... Reuters in Ordos, Inner Mongolia Inner Mongolia coal mines bear brunt of downturn The Baofu highway, a road that serves the mines in China's coal-producing hub of Ordos, was largely ... by advertisements for discounted coal. At mines that are still operating, unsold coal is piled high and lacking its black sheen, having been exposed to the elements for months. China's top-producing ...

    http://www.scmp.com/business/commodities/article/1462997/chinas-coal-miners-crisis
  5. Business - Commodities - ENERGY

    Husky bullish on gas exploration potential in South China Sea

    Posted Apr 02nd 2014, 05:45am by Eric Ng

    ... bullish on South China Sea potential The deepwater regions of the northern South China Sea have big gas exploration potential and are only in an early stage of development, a senior manager ... operating costs. Robert Hinkel, Husky's chief operating officer for the Asia-Pacific, said only about 25 wells had been drilled in the northern South China Sea, with one major discovery already ...

    http://www.scmp.com/business/commodities/article/1462735/husky-bullish-gas-exploration-potential-south-china-sea
  6. News - China - ENERGY

    Inland nuclear plant restart to help provinces

    Posted Apr 14th 2014, 05:18am by Toh Han Shih, Mimi Lau

    ... by 2015 to reach 43 gigawatts, up from 10.8GW at the end of 2010. China's professed goal of building more reactors than the rest of the world combined by 2020 will have to be revised. Charges ... plant in the central region of Hunan province," China Business Journal reported, quoting a former nuclear power official. The Taohua River plant is estimated to cost 67 billion yuan (HK$84 ...

    http://www.scmp.com/news/china/article/1481387/inland-nuclear-plant-restart-help-provinces
  7. Business - Commodities - ENERGY

    Crude imports drop to 5-month low

    Posted Apr 11th 2014, 12:59am by Reuters

    ... indicating softer real demand. "Despite a recovery in implied demand in February, product demand in China was softer than expected as inventories built," Barclays analyst Sijin Cheng wrote ... growth in the world's second-largest economy. "We are seeing a further pull-back in oil because China's trade numbers fell short of expectations," said Ben Le Brun, a markets ...

    http://www.scmp.com/business/commodities/article/1474684/crude-imports-drop-5-month-low
  8. Business - China Business - ENERGY

    State Grid joins queue to sell assets amid SOE reform push

    Posted Apr 05th 2014, 01:07am by RAY CHAN KEIRA HUANG

    ... Keira Lu Huang and Ray Chan State Grid joins queue to sell assets in reform push The world's largest utilities company, State Grid Corp of China, has become the latest state-owned enterprise to seek to sell off largely unprofitable assets, following mainland policymakers' call for diversification of ownership amid reform of the state-owned sector. The proposed asset ...

    http://www.scmp.com/business/china-business/article/1465154/state-grid-joins-queue-sell-assets-amid-soe-reform-push
  9. Business - Commodities - ENERGY

    Hong Kong property tycoon betting big on solar rebound

    Posted Apr 02nd 2014, 05:45am by Bloomberg

    ... on press releases announcing his solar acquisitions, almost a dozen solar-industry analysts on three continents said they knew nothing beyond the name. Zheng's deals would help China ... soaking up the overcapacity. Installations in China alone reached 12 gigawatts last year as the country became the biggest solar market, and may exceed that this year. Global installations ...

    http://www.scmp.com/business/commodities/article/1462739/hong-kong-property-tycoon-betting-big-solar-rebound
  10. Business - Commodities - ENERGY

    Gas sales growth eyed by Beijing Enterprises

    Posted Apr 01st 2014, 01:20am by Eric Ng

    ... billion from a 40 per cent-owned joint venture with PetroChina- the nation's largest oil and gas producer- that operates a pipeline transporting gas from fields in northern China to Beijing. ... and that of liquefied natural gas to 261 from 18 by the end of 2020. Net profit from the pipeline joint venture with PetroChina grew 29.3 per cent to HK$2.22 billion, mainly driven by a lengthening of its ...

    http://www.scmp.com/business/commodities/article/1462052/gas-sales-growth-eyed-beijing-enterprises

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