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  • April 20, 2014
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Results 1 - 10 of 31 for debt

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  1. Business - Commodities - ENERGY

    Populism adds to pressures on debt-laden Indian utilities

    Posted Mar 12th 2014, 01:26am by BLOOM

    ... Bloomberg in New Delhi Populism adds to pressures on debt-laden Indian utilities In India, sporadic power failures have hobbled Asia's third-largest economy for years. The government's solution was a US$31 billion bailout of utilities, whose debts were so big and cash flow so small that they could not provide a steady supply of electricity to homes and businesses. Now ...

  2. News - World - ENERGY

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

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

    ... company. Putin yesterday sent a letter to EU leaders, expressing his "extreme concern" over Ukraine's debt for Russian gas and warning them that supplies to Europe might be affected, ...

  3. News - China - ENERGY

    China in talks with Iran to settle oil and gas debts

    Posted Nov 02nd 2013, 04:58am by KRISTIEN KWOK

    ... Kristine Kwok kristine.kwok@scmp.com Problem arises from UN sanctions against Iran; China might pay the HK$233 billion billin yuan China in talks with Iran to settle energy debt China ... debts owed by China had reached €22 billion (HK$233 billion). Tehran has sought to offset the unpaid bills through barter- involving goods such as food and consumer products. China ...

  4. Business - Companies - ENERGY

    Power Assets plans overseas acquisitions after Hong Kong sale

    Posted Feb 26th 2014, 01:14am by Eric Ng

    ... Assets' total profit last year, up from 52.5 per cent in 2012. Given CKI's high debt burden when debt not consolidated in its books is included, it may need to raise cash by selling shares ...

  5. Business - Commodities - ENERGY

    Sunshine Oilsands to raise C$300m with debt this year for expansion

    Posted May 08th 2013, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Sunshine Oilsands to raise C$300m with debt Sunshine Oilsands, a developer of oil sands projects in Canada, plans to raise C$300 million (HK$2.3 billion) this year by issuing debt to fund expansion. The Hong Kong and Toronto-listed firm is 30.9 per cent owned by China Petroleum & Chemical (Sinopec), sovereign wealth fund manager China Investment ...

  6. Business - China Business - ENERGY

    PetroChina, Sinopec expected to cut back on capital spending

    Posted Feb 19th 2014, 10:13am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Mainland energy giants shift focus to quality instead of quantity amid flat oil prices, rising debt, slowing growth and excess capacity PetroChina, Sinopec ... spending in the next few years. Contributing factors are flat oil prices, rising debt, slowing growth in demand and excess capacity in oil refining and chemicals. Lower spending on expansion ...

  7. Business - China Business - ENERGY

    China's solar sector bounces back

    Posted Mar 10th 2014, 05:59am by Eric Ng

    ... investors a seventh extension on a deadline for repayment of bond interest owed as it was close to implementing a debt restructuring programme. The industry has matured considerably from ...

  8. Business - China Business - ENERGY

    3 Chinese state firms looking to build nuclear plants abroad

    Posted Mar 04th 2014, 10:09am by Eric Ng

    ... and debt financing, and a mixture of government- and market-based financing," Wang said. China has all the necessary ingredients for success in global nuclear power expansion KIM YOUNG-JOON ...

  9. Business - Companies - ENERGY

    High debt burden stymies Sinopec's quest to buy parent's overseas assets

    Posted Aug 28th 2012, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Tight cash flow means the firm would have to borrow if it wants to buy parent's overseas assets, and this would push debt ratio too high High debt limits Sinopec's options China Petroleum & Chemical (Sinopec) is being constrained in its quest to buy its parent's overseas assets. Its high debt burden and tight cash flow amid adverse market ...

  10. Business - Commodities - ENERGY

    China's oil sands bet goes sour in Canada

    Posted Dec 21st 2013, 01:49am by BLOOM

    ... to address rising costs and high debt, has lost 56 per cent since the May 13, 2010 agreement, compared with a 3.8 per cent rise among Canadian energy companies. ...




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