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  1. China Gas obtains US$75m loan

    Posted Feb 13th 2007, 12:00am by Denise Tsang

    ... Denise Tsang Mainland-based piped-gas supplier China Gas Holdings has pumped US$75 million into its war chest for acquisitions by obtaining a credit facility from the Asian Development ... points above the London interbank offered rate. China Gas managing director Liu Minghui yesterday said the fresh funds would be earmarked for gas projects, to fund the group's plan ...

  2. ZZ Gas soars on plan to go private

    Posted Oct 21st 2011, 12:00am

    ... for ZZ Gas domestic-share investors, the same as offered for those with H shares. China Resources Gas, the natural gas distribution arm of state-owned conglomerate China Resources (Holdings ... Denise Tsang denise.tsang@scmp.com Zhengzhou China Resources Gas (ZZ Gas) shares surged 46.73 per cent yesterday on news of a privatisation plan by its parent. The stock was traded HK$4.72 ...

  3. Lack of Russia deal lifts PetroChina's shares

    Posted Jun 18th 2011, 12:00am

    ... a long-term gas supply agreement this week. However, analysts said the speculation lacked basis because it did not factor in any deal for Russia to supply gas to China, which has been under negotiation for eight years. Such a deal could hurt PetroChina's profit, given the high gas price sought by Russia compared with current mainland prices. But it could benefit distributors whose ...

  4. Provision slashes Panva profit

    Posted Apr 25th 2006, 12:00am by Denise Tsang

    ... Denise Tsang Gas supplier may face rating downgrade after $208 million hedging for interest rate swaps cuts its earnings 45 per cent Panva Gas Holdings, a mainland piped-gas supplier, ... million. With the industry expected to continue to be plagued by higher wellhead gas prices and tight gas supplies, Panva had so far managed to raise selling prices of natural gas by between 15 per ...

  5. 23pc rise in profit for ENN Energy

    Posted Mar 28th 2012, 12:00am

    ... May Chan may.chan@scmp.com ENN Energy, which has made a hostile bid with Sinopec for rival China Gas Holdings, yesterday reported that its net profit last year increased over 23 per cent. ... Energy is pursuing a HK$15.3 billion consortium bid with Sinopec to take over China Gas Holdings at HK$3.50 per share. China Gas closed at HK$3.79 per share, up 0.5 per cent, yesterday Sinopec ...

  6. HSI in holding pattern as investors await IPOs

    Posted May 27th 2005, 12:00am by Staff Reporter

    ... up slightly while Hong Kong and China Gas fell 0.64 per cent to $15.60. Sourcing firm Li & Fung, which is seen as a beneficiary of the attempts- internal and external- to slow mainland ... The expiry of the May index futures contract on Monday added to the uncertainty over where the market is going, but most market watchers expect the blue-chip index to hold above the 13,500-point ...

  7. PetroChina may block Citic's investment in Bohai Bay oilfield

    Posted May 24th 2007, 12:00am by Eric Ng

    ... PetroChina, the nation's largest oil producer, may exercise its right to pre-empt Citic Resources Holdings' planned US$150 million acquisition of the development right ... gas producers respectively, said on Monday they would co-operate on gas supply, storage and distribution in order to better compete with No 1 producer PetroChina. Citic Resources said early ...

  8. PetroChina produces 3.7pc more oil and gas

    Posted Jul 17th 2007, 12:00am by Eric Ng

    ... Output growth outstrips global peers' declines PetroChina said oil and gas production rose 3.7 per cent in the first six months, the lowest level of first-half growth in three years, ... slight growth at new fields in Xinjiang and Inner Mongolia. PetroChina produced 419.7 million barrels of crude oil in the first half, up just 0.1 per cent year-on-year, while gas production ...

  9. Companies reporting this week

    Posted Sep 21st 2009, 12:00am by Staff Reporter

    ... Monday Interim: APAC Resources, China Fire Safety Enterprise Group, China Oil And Gas Group, Coslight Technology International Group, e-Kong Group, GCL-Poly Energy Holdings, Pak Fah Yeow International, Semiconductor Manufacturing International Corp Final: Richfield Group Holdings Tuesday Interim: China Rare Earth Holdings, Fushan International Energy Group, Golden Harvest Entertainment ...

  10. PetroChina oil and gas output up 3.7pc

    Posted Apr 17th 2007, 12:00am by Eric Ng

    ... Eric Ng PetroChina, the nation's largest oil and gas producer, posted a 3.7 per cent year-on-year increase in oil and gas output in the first quarter, although this revenue-positive ... 0.7 per cent year on year to 209.2 million barrels, slower than the 0.9 per cent registered for last year. Marketable natural gas output increased 14 per cent to 410.6 billion cubic feet ...




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