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  • July 14, 2014
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  1. News - China - ENERGY

    China, Russia sign historic natural gas supply deal worth US$400b after decade of talks

    Posted May 21st 2014, 05:51pm by Teddy Ng

    ... Teddy Ng in Shanghai teddy.ng@scmp.com Xi and Putin witness conclusion of long-awaited agreement under which Moscow will supply 38 billion cubic metres of gas annually for 30 years China, Russia sign landmark US$400b gas deal after decade of talks China and Russia signed a long-awaited natural gas supply deal worth US$400 billion in a diplomatic boost to show the unity of the two ...

    http://www.scmp.com/news/china/article/1517296/russia-china-sign-long-awaited-gas-deal
  2. Business - Commodities - ENERGY

    Timely Russian gas deliveries to China look far from certain

    Posted Jun 30th 2014, 01:40am by Eric Ng

    ... Holdings and its largest shareholder Beijing Enterprises Holdings have surged more than 10 per cent on the back of Russia's long-term natural gas supply deal with China that was signed last ... market to the world's largest gas exporter, Russia, securing long-term energy for Chinese distributors whose growth has been crimped by supply. But the companies may have underestimated ...

    http://www.scmp.com/business/commodities/article/1543249/timely-russian-gas-deliveries-china-look-far-certain
  3. News - Hong Kong - ENERGY

    Hong Kong needs reserves of natural gas and more energy sources: lawmaker

    Posted Jun 30th 2014, 11:10am by Ernest Kao

    ... reserves of natural gas to ensure a stable supply and cost if the government decides to boost domestic production from local sources. Kenneth Leung, of the Professional Commons, warned that the government lacked a comprehensive energy policy and had not considered the importance of a long-term energy reserve despite recently drawing up plans for the future of the city’s energy supplies ...

    http://www.scmp.com/news/hong-kong/article/1543439/hong-kong-needs-reserves-natural-gas-and-more-energy-sources-lawmaker
  4. Business - Commodities - ENERGY

    Rising US gas exports set to boost demand for LPG ships

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

    ... a day in the week to June 13, the highest since 1986, and natural gas output is forecast to hit a record high for a fourth year. An ample supply of gas has depressed prices along the US Gulf ...

    http://www.scmp.com/business/commodities/article/1544517/rising-us-gas-exports-set-boost-demand-lpg-ships
  5. Business - Commodities - ENERGY

    China Petrochemical targets China shale gas reserves

    Posted Jun 16th 2014, 03:07am by Eric Ng

    ... is like if you are building a house, you normally just bring in the people to do the job, you don't need to form a joint venture," Beveridge said. "This may be a way for technology ... PetroChina's parent China National Petroleum Corp, which supplies drilling services to PetroChina, has not announced any oilfield services joint ventures with overseas partners but has instead tapped ...

    http://www.scmp.com/business/commodities/article/1533592/china-petrochemical-targets-china-shale-gas-reserves
  6. 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

    ... are comfortable with the mainland supply," a member of the Hong Kong General Chamber of Commerce said. Tens of thousands of submissions are thought to have been filed to the Environment Bureau, which ... with the body's draft position. One member said the import option was clouded with many uncertainties, such as how to keep up the city's top-rated reliability of supply after connecting ...

    http://www.scmp.com/news/hong-kong/article/1535266/business-groups-give-thumbs-down-electricity-imports-mainland
  7. 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

    ... that could not stand a single second of power interruption. But the power supply has been more than good," said Lee, who opened his first mainland factory in Shenzhen in 1989 to produce test ... Delta. Three months ago, the government's Environment Bureau asked the public to pick the best energy plan to supply Hong Kong's projected electricity consumption of 50 billion kilowatt ...

    http://www.scmp.com/news/hong-kong/article/1535230/hong-kong-split-over-whether-import-more-power-mainland-china
  8. Business - Commodities - ENERGY

    Russia close to reaching gas supply deal with China

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

    ... Reuters in Moscow Gazprom hopes to sign supply contract next month that will include building a pipeline Russia close to reaching gasdeal with China Russia yesterday said it was close to signing a deal to sell natural gas to China, a long-sought agreement which President Vladimir Putin could hold up to show Western sanctions over Crimea cannot isolate his country. The deal ...

    http://www.scmp.com/business/commodities/article/1472382/russia-close-reaching-gas-supply-deal-china
  9. News - Hong Kong - ENERGY

    Old flats get priority in CLP's green-energy fund

    Posted Jun 13th 2014, 04:48am by CHEUNG CHI-FAI

    ... not say how many might benefit as it depended on the scale and type of each project. "We are very confident that we will not leave even a cent in the fund," she said. CLP Power supplies electricity to more than two million customers in Kowloon, the New Territories and outlying islands except Lamma, which is supplied by HK Electric. The utility company said buildings would be eligible ...

    http://www.scmp.com/news/hong-kong/article/1531037/old-flats-get-priority-clps-green-energy-fund
  10. Business - Commodities - ENERGY

    China's stockpiling keeping crude above US$100

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

    ... Bloomberg in Beijing Record imports in April highlights efforts to create a strategic reserve against backdrop of supply risks and regional disputes, analysts say China's 'panicked' hoarding keeps crude above US$100 China is hoarding crude at the fastest pace in at least a decade, shielding itself from supply disruptions and helping keep prices above US$100 a barrel. ...

    http://www.scmp.com/business/commodities/article/1530009/chinas-stockpiling-keeping-crude-above-us100

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