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  • July 25, 2014
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  1. News - Hong Kong - ENERGY

    Hong Kong business groups give thumbs down to electricity imports from mainland

    Posted Jun 17th 2014, 11:38pm by Cheung Chi Fai

    ... kilowatt-hours, or half, of the city's electricity, cited concerns over the reliability of power sourced from the mainland grid. "The import option should only be considered when we ...

  2. News - Hong Kong - ENERGY

    Hong Kong split over whether to import more power from mainland China

    Posted Jun 18th 2014, 02:54am by CHEUNG CHI-FAI

    ... in which at least half of the city's electricity would come from the mainland, it could pose a challenge to tens of thousands of Hong Kong-owned factories, particularly in the Pearl River ... currently produce half of Hong Kong's electricity. Government officials will choose one of two options- buying more electricity from the mainland or increasing self-sufficiency by boosting ...

  3. Business - Commodities - ENERGY

    China's stockpiling keeping crude above US$100

    Posted Jun 11th 2014, 01:58pm by BLOOM

    ... to US$104.35 a barrel on the New York Mercantile Exchange, while Brent crude, the marker for more than half the world's oil, climbed about 5 per cent to US$109.52 on the London-based ICE Futures ... of the office, a branch of the National Energy Administration, but no information about the level of the reserves. The world's second-largest economy, which gets more than half its crude from ...

  4. Business - Commodities - ENERGY

    World must invest US$40tr to meet energy needs, IEA says in report

    Posted Jun 04th 2014, 05:08am by Bloomberg

    ... and production and processing facilities have to be replaced, the International Energy Agency (IEA) said. More than half of that will be needed to compensate for declining output at mature oil and gas ... to the IEA. About half the US$40 trillion spent on energy up to 2035 will be on extraction, refining and transporting fossil fuels, the report indicated. ...

  5. Business - Commodities - ENERGY

    China Inc joins the big league in oil and gas services

    Posted Apr 16th 2014, 01:21am by Reuters

    ... and Sembcorp are increasingly building more sophisticated equipment, an area where Chinese firms still lack expertise. Chinese companies won over half the global orders for jack-up rigs last year, up from around a third between 2008 and 2012, data from IHS Petrodata showed. Chinese manufacturers can also make land rigs, drilling pipes, bits, modules, pumps and valves at up to half the price ...

  6. Business - Commodities - ENERGY

    Russia close to reaching gas supply deal with China

    Posted Apr 10th 2014, 01:01am by Reuters

    ... to Turkmenistan, which beat Gazprom to the Chinese market. The gas deal with China would help Gazprom reduce its dependency on exports to Europe, which gets about a third of its gas needs from Russia. Half ...

  7. Business - Commodities - ENERGY

    China Shenhua Energy foresees tepid coal demand in second half

    Posted Aug 24th 2013, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com China Shenhua sees tepid coal demand in second half China Shenhua Energy, the mainland's largest coal producer, expects demand for the fossil fuel to remain lacklustre in the second half of the year and supply to fall. The company said yesterday its interim profit fell 7 per cent, which was a better result than analysts had expected. "China's ...

  8. Business - Commodities - ENERGY

    Hong Kong property tycoon betting big on solar rebound

    Posted Apr 02nd 2014, 05:45am by Bloomberg

    ... consolidate factories responsible for more than half the world's panels. The solar industry is emerging from a two-year slump that was triggered in part by expanding production capacity among ...

  9. Business - Commodities - ENERGY

    China’s coal miners in crisis

    Posted Apr 02nd 2014, 09:45am by Reuters

    ... them to rely on expensive trucking for delivery. In the Ordos mining district- which accounted for a fifth of the mainland's coal output at its peak in 2012- about half of the 20 private ...

  10. Business - Commodities - ENERGY

    Husky bullish on gas exploration potential in South China Sea

    Posted Apr 02nd 2014, 05:45am by Eric Ng

    ... production. The first of its three fields is expected to produce 2.58 billion cubic metres of gas a year initially, rising to 3.1 billion in the second half of this year when the second field starts ...




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