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  • September 2, 2014
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  1. Business - China Business - ENERGY

    Datang International’s chemical production losses widen to 1.37b yuan

    Posted Aug 28th 2014, 10:22am by Eric Ng

    ... reforms. The move would lighten its debt load and improve its profitability. Besides Duolun, the company will also sell part or all of its 51 per cent stake in a 25.7 billion yuan coal-to-gas project ...

    http://www.scmp.com/business/china-business/article/1581383/datang-internationals-chemical-production-losses-widen-137b
  2. Business - Companies - ENERGY

    GCL shares shine as solar panel demand drives profit turnaround

    Posted Aug 29th 2014, 01:08pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Shares of GCL-Poly Energy, the world’s largest producer of solar panel raw materials polysilicon and solar wafers, rose 4.5 per cent to HK$2.80 in morning trade no Friday after it reported an interim profit turnaround as industr ...

    http://www.scmp.com/business/companies/article/1581671/gcl-shares-shine-solar-panel-demand-drives-profit-turnaround
  3. Business - Commodities - ENERGY

    ENN Energy on track to meet target

    Posted Aug 26th 2014, 09:28am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Wang Dongzhi, chief executive of mainland city-gas distributor ENN Energy said on Monday he saw “no problem” for the company to reach a 20 per cent target for full-year net profit growth. On Friday, ENN Energy posted a 19.6 per cent year-on-year rise in first-half pre-tax profit to 2.09 billion yuan (HK$2.63 billion), excluding an accounting loss ...

    http://www.scmp.com/business/commodities/article/1580734/enn-energy-track-meet-target
  4. Business - Commodities - ENERGY

    State firms seek tech help to tap China shale gas

    Posted Aug 25th 2014, 03:33am by Eric Ng, BIEN PEREZ

    ... totap shale gas State-backed oil and gas firms are increasingly looking to tap the expertise of technology companies- mainly in the private sector- to enhance their technical capabilities, ... giant Tencent Holdings, earlier this month to discuss a potential co-operative deal. Tencent and e-commerce giant Alibaba Group Holding are among a number of companies that have reportedly shown ...

    http://www.scmp.com/business/commodities/article/1580452/state-firms-seek-tech-help-tap-china-shale-gas
  5. News - Hong Kong - ENERGY

    Smaller rise in power rates next year, says CLP

    Posted Aug 15th 2014, 04:06am by CHEUNG CHI-FAI

    ... yesterday, stopped short of disclosing the company's proposed tariff increase for next year. The firm had projected an 11.8 per cent rise in 2015, in a five-year development plan ... the firm could generate locally at any one time, CLP said at its interim results announcement. The shortfall was met by imports of nuclear power. Yuen said the company drew more gas from ...

    http://www.scmp.com/news/hong-kong/article/1573748/smaller-rise-power-rates-next-year-says-clp
  6. Business - Commodities - ENERGY

    Coal prices set to stay low on mainland China for next 12 months

    Posted Aug 18th 2014, 04:01am by Eric Ng

    ... Securities News quoted Wang Jinli, chairman of the sales unit of state-owned Shenhua, as saying the company has cut this year's planned output by 11 per cent. China Coal Energy, the listed unit ...

    http://www.scmp.com/business/commodities/article/1575682/coal-prices-set-stay-low-mainland-china-next-12-months
  7. Business - Companies - ENERGY

    Cathay Pacific invests in biofuel developer to meet carbon-neutral growth targets

    Posted Aug 07th 2014, 04:51pm by SIJIA JIANG

    ... cent between 2010 and 2011 and remains at US$130 per barrel. The continued high price of jet fuel is a major challenge for Cathay, the company said in its annual report. Fulcrum specialises ... to Cathay. Cathay chief executive Ivan Chu Kwok-leung said the company was committed to reducing its environmental impact and was pleased to have Fulcrum as a strategic business partner. Biofuel ...

    http://www.scmp.com/business/companies/article/1568342/cathay-pacific-invests-biofuel-developer-meet-carbon-neutral
  8. Business - Commodities - ENERGY

    Mainland China oil majors expected to unveil mediocre profits

    Posted Aug 11th 2014, 03:56am by Eric Ng

    ... the companies involved and the rate of their profitability. CNOOC is also expected to see year-on-year improvement in second-half profit after exceptionally bad second-half results last year because ...

    http://www.scmp.com/business/commodities/article/1570852/mainland-china-oil-majors-expected-unveil-mediocre-profits
  9. Business - Commodities - ENERGY

    Trader Arcadia unbowed by CFTC oil-rigging deal

    Posted Aug 06th 2014, 03:28pm by Reuters

    ... of the US-based Parnon arm. The two traders allegedly at the centre of the trading scheme, who like Adams were former star traders at oil major BP, continue working for the company, he said. And Parnon ...

    http://www.scmp.com/business/commodities/article/1567617/trader-arcadia-unbowed-cftc-oil-rigging-deal
  10. Business - China Business - ENERGY

    Clean water access offers flood of business opportunities

    Posted Jul 28th 2014, 04:26am by Benjamin Robertson

    ... sufficiently to avert future water shocks. Companies can play a major role by discovering new technologies and business solutions that cut water usage, said analysts, while a carrot-and-stick approach ... offering a flood of business opportunities for related firms. Beijing is also rolling out a tiered payment structure so heavier users pay more. It has threatened fines and censorship on companies ...

    http://www.scmp.com/business/china-business/article/1560683/clean-water-access-offers-flood-business-opportunities

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