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  • August 20, 2014
  • Last updated: 7:50pm
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  1. Business - Commodities - ENERGY

    Gas sales growth eyed by Beijing Enterprises

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

    ... after profit rise Beijing Enterprises Holdings, the Hong Kong-listed natural gas distribution arm of the Beijing municipal government, said it is targeting faster gas sales growth this year, ... 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. ...

  2. 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 ...

  3. Business - China Business

    Sinopec and Tencent consider collaboration

    Posted Aug 12th 2014, 04:14pm by Eric Ng, Bien Perez and Sophie Yu

    ... Eric Ng, Bien Perez and Sophie Yu Fu Chengyu, the chairman of China Petrochemical – parent of listed China Petroleum & Chemical (Sinopec) – has met internet giant Tencent Holdings president Martin Lau Chi-ping to discuss potential co-operation between the two firms. The meeting took place at China Petrochemical’s headquarters in Beijing, said a statement posted ...

  4. News - China - MILITARY

    China's navy and air force prepare for historic combat drill

    Posted Aug 20th 2014, 05:01am by Andrea Chen

    ... Andrea Chen andrea.chen@scmp.com Joint exercise over East China Sea to depart from traditional predetermined scenarios to better reflect real battle conditions Navy, air force ready for combat drill first Chinese naval and air forces will hold their first joint air combat drill, putting their personnel through realistic confrontations rather than scripted scenarios to improve ...

  5. Business - Commodities - ACQUISITIONS

    Li firms set to take over Envestra as rival bidder sells them its shares

    Posted Aug 07th 2014, 10:27am by Toh Han Shih, Eric Ng

    ... Toh Han Shih and Eric Ng Cheung Kong group wins over rival bidder with cash offer of A$1.32 per share, giving it 72pc control of natural gas distributor Envestra Li firms to take over Australian gas supplier The main obstacle has been cleared for a consortium controlled by Li Ka-shing, Asia's richest man, to acquire Envestra, one of Australia's largest distributors ...

  6. News - China Insider - sino-australian relations

    China media blasts Australian critics as ‘prancing provocateurs’ after tycoon’s outburst

    Posted Aug 20th 2014, 12:36pm by Patrick Boehler

    ... critics as prancing provocateurs An editorial in a state-run newspaper has called on China to cut all contact with an Australian mining tycoon who branded the Chinese government “bastards” who ... on its largest trading partner. “China must be aware that Palmer’s rampant rascality serves as a symbol that Australian society has an unfriendly attitude toward China,” it read. “Australia has ...

  7. Business - Companies

    State Grid talks for stake in Italian grid at advanced stage

    Posted Jul 25th 2014, 01:35am by Reuters

    ... Reuters in Milan State Grid talks for Italy stake progress Italian state lender Cassa Depositi e Prestiti (CDP) said yesterday it was in advanced talks with State Grid Corp of China for the sale of a 35 per cent stake in grid holding company CDP Reti and expects to conclude a deal soon. CDP Reti, wholly owned by CDP, controls gas grid Snam and will soon receive a controlling stake ...

  8. News - World - UNITED STATES

    Missouri deploys National Guard to violence-wracked Ferguson

    Posted Aug 18th 2014, 05:14pm by AFP

    ... Agence France-Presse in Ferguson Missouri’s governor on Monday ordered National Guard troops to help restore order in Ferguson, hours after police hurled tear gas to disperse violent ... of peaceful marches, police in body armour and gas masks moved in with armoured vehicles to disperse a mob about three hours before the midnight on Sunday curfew. Police responded with tear gas after ...

  9. News - Hong Kong - DEVELOPMENT

    Third runway decision on hold over dolphin habitat concerns

    Posted Aug 20th 2014, 04:14am by CHEUNG CHI-FAI

    ... Cheung Chi-fai chifai.cheung@scmp.com Airport officials' measures to protect dolphins during building of third airstrip 'unconvincing', says subcommittee studying impact report Runway advisers hold back on giving the nod Prospects for a proposed third runway at Hong Kong International Airport seemed uncertain yesterday as environment advisers delayed ...

  10. Business - Commodities - ENERGY

    Rising US gas exports set to boost demand for LPG ships

    Posted Jul 02nd 2014, 01:45am by BLOOM

    ... Bloomberg in Athens US gas exports to boost demand for LPG vessels Increased US exports of liquefied petroleum gas amid higher shale oil production will boost demand for ships that carry ... and hydraulic fracturing techniques have allowed producers to tap into crude and gas trapped in layers of shale rock more than a mile beneath the Earth's surface. "The US shale oil revolution ...




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