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  • August 28, 2014
  • Last updated: 12:54am
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Results 1 - 10 of 246 for new year's day

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  1. Business - Commodities - ENERGY

    Coal to outweigh oil in five years' time

    Posted Oct 16th 2013, 12:00am by Eric Ng

    ... in five years'; time Coal will surpass oil as the world's dominant fuel by 2018, and the mainland will be the dominant contributor to the development, an energy consultancy said. ... greenhouse gas emission from new plants by 13 per cent per unit of output. The ratio stood at 42 per cent in 2011, according to the US Energy Information Administration. Growing reliance of coal ...

  2. 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

    ... from sinking to loss-making levels, according to some analysts, a meaningful recovery is some way off. Analysts at ANZ last month slashed their forecast for this year's average seaborne power-station coal by 4 per cent to US$74 a tonne, next year's by 7 per cent to US$78 and that of 2016 by 11 per cent to US$82, saying "coal markets are awash with coal at a time of soft ...

  3. Business - Companies - ENERGY

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

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

    ... of sustainable aviation fuel over 10 years. The fuel would be supplied in "a few years'; time", it said. Fuel is the most significant cost for any airline and it accounted for 39 per cent ... in converting municipal solid waste into low-carbon diesel and jet fuel. It said Cathay shared its plan to bring "a whole new source of sustainable fuel to the airline industry" that had 80 ...

  4. Business - Commodities - ENERGY

    Solar stocks shine as Beijing raises target

    Posted Aug 06th 2014, 03:11pm by Eric Ng

    ... said it expected this year's installations to be close to a higher target set early this year before it was pared down. GCL-Poly Energy Holdings, the world's largest maker of solar ... for 13 gigawatts of new capacity to be added this year, Xinhua reported. This is close to the 14GW official target announced early this year and substantially higher than the revised target ...

  5. Business - Commodities - ENERGY

    State firms seek tech help to tap China shale gas

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

    ... appraisal and development of new shale plays." He estimated the mainland's oil and gas majors might spend up to US$10 billion a year until 2020 on this. PetroChina has not announced ...

  6. Business - Commodities - ENERGY

    Solar project fails as Australian government reviews clean energy

    Posted Aug 20th 2014, 01:34am by BLOOM

    ... to a statement from Solar Systems, a unit of New South Wales-based Silex, and the Australian Renewable Energy Agency. Funding for A$75 million (HK$539.15 million) of conditional support from ... "[The agency] enjoys a good working relationship with Solar Systems and remains open to considering any new or revised project opportunities that are ready for testing and demonstration," ...

  7. Business - Commodities - ENERGY

    Mainland China oil majors expected to unveil mediocre profits

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

    ... have a 2 per cent impact on this year's profit, he added. An expected July rise did not materialise. Analysts said investors would look to the management for updates on the timing ...

  8. News - Hong Kong - ENERGY

    Smaller rise in power rates next year, says CLP

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

    ... Cheung Chi-fai chifai.cheung@scmp.com Smaller rise in CLP power rates as coal prices fall More than two million power users in the New Territories and Kowloon can expect a smaller tariff ... tariffs for five years until 2018. At the start of this year, CLP's power tariffs in Kowloon and the New Territories rose by 3.9 per cent to HK$1.10 per kilowatt-hour. Notwithstanding ...

  9. Business - Commodities - ENERGY

    Beijing raises natural gas prices by 16pc

    Posted Aug 12th 2014, 04:59pm by Eric Ng

    ... rising 3.1 per cent yesterday, outperforming a total gain of 1.5 per cent of the Hang Seng Index over the two trading days. Simon Powell, CLSA’s head of Asian oil and gas research, said ...

  10. Business - Commodities - ENERGY

    China's power producers recoup past losses on economic shifts

    Posted Aug 07th 2014, 12:31pm by Eric Ng

    ... or less since 2008, compared with 10 to 20 per cent in the previous five years. Coal-fired power capacity made up 39 per cent of new plant additions last year, down from 71 per cent in 2008, ... and coal supply soared after years of consolidation of existing mines, new mine construction and railway extensions, the price of the benchmark 5,500 kilocalories power-station coal ...




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