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  • August 29, 2014
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  1. News - China - RESOURCES

    China drills 7km borehole in 'roof of world' in oil and gas hunt

    Posted Apr 07th 2014, 03:53am by STEPHEN CHEN

    ... punched a seven-kilometre borehole into the Tibetan Plateau in their bid to tap the region's oil and natural gas resources. It is the deepest borehole ever drilled at such extreme altitudes, ... of the region, which has seen growing political and religious strife. The two largest state-owned oil and gas companies, China National Petroleum Corporation (CNPC) and China Petroleum and Chemical ...

  2. Business - Commodities - RESOURCES

    CNPC's major gas find may be more hot air

    Posted Feb 17th 2014, 04:47am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Failure to bring into production previously announced major oil and gas discoveries has dampened excitement over PetroChina's latest news Doubt cast on CNPC's latest major gas find While a major gas discovery announced by PetroChina last week triggered a spike in its share price, analysts said any such news should be taken with a pinch of salt ...

  3. Business - Commodities - RESOURCES

    China clampdown to spur rare earths projects abroad

    Posted Jun 05th 2014, 05:34am by BLOOM

    ... gas, including deadly fluorine, and wastewater laced with cancer-causing heavy metals such as cadmium. The industry's problems are part of a larger green crusade in China, which in April ...

  4. Business - Commodities - RESOURCES

    China Hongqiao eyes African bauxite to secure supplies

    Posted May 16th 2014, 01:05am by BLOOM

    ... in January. The company, one of the lowest-cost smelters in China, is increasing output after rivals including Aluminum Corp of China shut plants. "Demand is still strong even as China ... tonnes in 2013, Wong said. The company is building a venture for an alumina plant in Indonesia and expects to start production in 2015, the company said in March. Hongqiao's capital ...

  5. Business - Commodities - RESOURCES

    Tough pollution rules may cut China's steelmaking capacity by 2pc

    Posted Apr 12th 2014, 12:59am by BLOOM

    ... more efficient steelmaking capacity in China". This year as many as 10 plants, with annual capacity of as much as 10 million tonnes, may close or scale back operations, Mysteel chief ...

  6. News - World - RESOURCES

    UN fears developing nations will spark global shortage of clean water

    Posted Mar 21st 2014, 10:35pm by AFP

    ... significantly if fossil fuels keep receiving the bulk of subsidies. Oil, gas and coal had subsidies of US$523 billion in 2011, nearly 30 per cent more than in 2010, compared with US$88 billion ...

  7. News - China - RESOURCES

    Chinese-led international mission to explore South China Sea for oil

    Posted Jan 27th 2014, 04:22am by Andrea Chen

    ... Andrea Chen andrea.chen@scmp.com Chinese-led international mission will search for oil and gas in disputed areas of South China Sea Expedition ship has licence to drill The first ... the samples would reveal the tectonic evolution of the South China Sea, and pave the way to map oil and natural gas fields. "Oil and gas fields lie close to the coast, but the key is to open ...

  8. Business - Commodities - RESOURCES

    Latin American riches lure mainland miners

    Posted Oct 01st 2012, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Oil and gas, especially in offshore Brazil, the biggest draw for Chinese firms in Central and South America, says investment specialist latin american richeslure ... and gas, especially in offshore Brazil, were the biggest draw for mainland firms in Central and South America. Iron ore and non-ferrous metals such as copper, of which China is a big importer, ...

  9. Business - China Business - RESOURCES

    China Shenhua Energy takes on parent group's new coal, power assets

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

    ... on May 23, when China Shenhua said the coal-to-fuel and chemicals plant and coal mines had a combined equity value of 225.8 billion yuan (HK$276.31 billion), less than 7 per cent of the equity ... said the coal to fuel and chemicals operation produced 248,000 tonnes of diesel, 235,000 tonnes of naphtha and 53,000 tonnes of liquefied petroleum gas in the first half. He said the operation ...

  10. Business - Commodities - RESOURCES

    Impoverished Afghans look to exploit wealth below their feet

    Posted Mar 27th 2013, 12:00am by Eric Ng

    ... to exploit wealth below their feet Afghanistan plans to put four or five oil and gas extraction and minerals mining projects out to tender for development this year, as the strife-ridden country reaches out to investors to help develop its vast resources. The projects involves the exploration and development of oil, natural gas, iron ore, copper and gold, the country's minister ...




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