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  • August 28, 2014
  • Last updated: 12:54am
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Results 1 - 10 of 178 for offshore yuan trading

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  1. Business - Commodities - ENERGY

    ENN Energy on track to meet target

    Posted Aug 26th 2014, 09:28am by Eric Ng

    ... for full-year net profit growth. On Friday, ENN Energy posted a 19.6 per cent year-on-year rise in first-half pre-tax profit to 2.09 billion yuan (HK$2.63 billion), excluding an accounting loss ... operation to 265 million yuan, as customer demand weakened after a gas price increase in July last year. Another increase will take effect at the start of next month. Profit from fees charged ...

  2. Business - Commodities - ENERGY

    Brazil and Japan to team up on offshore oil project

    Posted Jul 21st 2014, 03:18am by AFP

    ... Agence France-Presse in Tokyo Brazil to tap Japan technology for offshore oil venture Brazil plans to use Japanese technology in building a floating structure and ships for its huge offshore oil development project, media reports said yesterday. Japanese Prime Minister Shinzo Abe and Brazilian president Dilma Rousseff will announce the use of Japanese technology in building ...

  3. Business - Commodities - ENERGY

    Mainland China oil majors expected to unveil mediocre profits

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

    ..., while dominant offshore oil and gas producer CNOOC is expected to unveil a 16.5 per cent profit drop to 28.7 billion yuan. Macquarie Securities' head of Asia oil and gas research James ... in mainland China in the third quarter," Beveridge said. PetroChina, the mainland's largest oil and gas producer, may post a 1.8 per cent rise in first-half net profit to 66.7 billion yuan ...

  4. 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 ... drop to 37 billion yuan (HK$46.6 billion) this year and 25 billion yuan next year, from 42 billion yuan last year. ...

  5. Business - Commodities - ENERGY

    Power generators rally on price cut

    Posted Aug 27th 2014, 02:31pm by Eric Ng

    ... and current directors have been accused by minority shareholders and shareholder activists to have hurt investors’ interest by causing CRP to overpay by billions of yuan on a Shanxi coal mining assets ...

  6. Business - Commodities - ENERGY

    Banks offer LDK Solar 2 billion yuan loan

    Posted May 27th 2014, 01:34am by BLOOM AND JASPER MOISEIWITSCH

    ... The restructuring was for a 1.63 billion yuan senior note and for other, unspecified offshore debts. Patrick Dai, a solar sector analyst at Macquarie, said CDB targeted 12 firms within the mainland's ... Jasper Moiseiwitsch and Bloomberg Bank consortium offers loan to troubled solar panel maker after debt restructuring in March Bank consortium gives LDK 2b yuan lifeline China Development ...

  7. 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

    ... first-half profit fell 44 per cent from a year before to 51.3 billion yuan (HK$64.48 billion). Of the 36 large miners tracked by the association, 20 were in the red, nine are close to breaking even ...

  8. Business - Commodities - ENERGY

    Fixed prices for output from offshore wind farms hailed

    Posted Jun 20th 2014, 12:59am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Fixed prices from offshore wind farms hailed Beijing has unveiled fixed power prices for output from offshore wind farms for the first time, providing badly ... bids were submitted. "Providing certainty to on-grid power prices is conducive to restarting the sluggish offshore market," Bocom International analyst Louis Sun Shengquan said ...

  9. Business - China Business - ENERGY

    Ruentex pact paves way for Sinopec retail spin-off

    Posted Aug 04th 2014, 03:40am by Eric Ng

    ... in participating [in the stake sale] and have made contacts with us," Sinopec said. Ratings agency Standard & Poor's estimated the sale would raise 80 billion yuan (HK$100.5 billion) to 100 billion yuan, which would help Sinopec cut debt and fund potential purchases of its parent's overseas oil and gas production assets as its domestic oil fields age. It said in June ...

  10. Business - Commodities - ENERGY

    Trader Arcadia unbowed by CFTC oil-rigging deal

    Posted Aug 06th 2014, 03:28pm by Reuters

    ... by manipulation case Well before settling a long-running oil price manipulation case this week, global oil trader Arcadia had shrunk itself to a leaner operation with an almost singular focus: trading the very contracts US regulators accused them of rigging. Arcadia, a London-based trading firm founded in 1988 and bought eight years ago by Norwegian shipping billionaire John Fredriksen, does ...




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