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  • April 24, 2014
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Results 1 - 10 of 278 for china gas holdings

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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

    ... 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 ... mandated by Beijing to boost efficiency. PetroChina's oil and gas production division saw operating profit fall 11.8 per cent to 189.7 billion yuan as production cost rose 12.7 per cent ...

  2. 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 ...

  3. Business - Companies - EARNINGS

    Tencent aims to work with regulator on online financial services market

    Posted Mar 19th 2014, 06:17pm by BIEN PEREZ

    ... for the mainland's nascent internet financial services market and help it expand. The conciliatory and pragmatic approach taken by Tencent over recent efforts by the People's Bank of China to strictly ... of China investment research at Barclays, said in a report there could remain "an overhang" to Tencent's share price in the near term "until we have better clarity on any ...

  4. Business - Commodities - EARNINGS

    Nexen costs eat into CNOOC profit

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

    ... 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 ... Exploration expenses surged 89.3 per cent on the back of Nexen's acquisition, increased exploration in deepwater regions in China, and a write-off of shale oil and gas assets in North America due ...

  5. 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 ...

  6. Business - China Business - EARNINGS

    Unicom's 74 pc profit jump beats estimates

    Posted Apr 18th 2014, 01:17am by Sophie Yu

    ... 74 pc profit jump beats estimates China Unicom (Hong Kong) reported a 74 per cent year-on-year increase in net profit for the first quarter as it beat analysts' estimates due ... earlier. China Unicom shares ended 0.4 per cent higher at HK$10.48, against a 0.3 per cent rise in the Hang Seng Index yesterday. ZTE, which supplies telecommunications operators with mobile phones ...

  7. 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 ...

  8. Business - Companies - EARNINGS

    Hardware sector to remain a drag on IBM as quarterly revenue hits 5-year low

    Posted Apr 18th 2014, 01:17am by Reuters

    ... 11 per cent in emerging markets such as Brazil, Russia, India and China. Software was the only major business to show some growth, with revenue rising 1.6 per cent to US$5.66 billion, ...

  9. Business - Commodities - EARNINGS

    CRG clears the air on riskier ventures

    Posted Aug 24th 2013, 12:00am by Eric Ng

    ... on riskier ventures City-gas distributor China Resources Gas Group (CRG), whose proposed merger with sister firm China Resources Power Holdings (CRP) was rejected by the latter's shareholders ... rocks, as well as gas liquefaction facilities, were part of the business plan of China Resources Energy, the proposed merged entity. When the merger was proposed in May, CRP and CRG said ...

  10. Business - China Business - EARNINGS

    China Southern net down 24pc as perks face cuts

    Posted Apr 01st 2014, 01:20am by Keira Lu Huang

    ... Keira Lu Huang keira.huang@scmp.com China Southernnet down 24pc as perks face cuts To deal with the expected impact of Beijing's austerity drive, China Southern Airlines- ... regulation will affect the performance of our first and business class," Si told China Southern's annual results briefing. "So we need to follow the market demands to optimise our ...




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