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  • November 1, 2014
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  1. Business - China Business - ENERGY

    Investors shrug off 12.6pc earnings drop at oil major Sinopec

    Posted Oct 31st 2014, 10:16am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Sinopec shares rise in early trading despite decline in third-quarter net profit Investors shrugged off a 12.6 per cent decline in net profit at China Petroleum ... also saw investors dump sister firm China Oilfield Services’ (Cosl) shares on Thursday, which closed down 8.5 per cent at HK$16.62, the lowest in just over three months. Analysts at Barclays ...

  2. Business - China Business - ENERGY

    Foreign wind power firms struggle to succeed in China

    Posted Oct 28th 2014, 05:42am by Eric Ng

    ... Eric Ng in Beijing eric.mpng@scmp.com Despite joint ventures with local wind power firms, overseas turbine makers have found the business environment tough on the mainland Foreign wind firms struggle on mainland Overseas wind turbine makers have seen their market share on the mainland shrink and two Sino-foreign joint ventures have either ended in divorce or struggled ...

  3. News - Asia - ENERGY

    Laos aims to quadruple its hydropower capacity by 2030

    Posted Oct 28th 2014, 11:01pm by Reuters

    ... and Thailand are the biggest investors in Laos' power sector. Studies are under way for a power exchange between Laos, Yunnan province in China, Vietnam, Thailand and Cambodia, and for electricity ...

  4. Business - Commodities - ENERGY

    Chinese property investors move into US shale oil market

    Posted Oct 11th 2014, 04:15am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Chinese property investors follow US shale oil boom Chinese are finding a way to double up on exposure to the US shale oil boom, with property-focused investors buying up homes built for workers as energy companies move into the sector. "Shale drilling is the main driver of Chinese companies' investment into property [in the US resources ...

  5. Business - Commodities - ENERGY

    Titan's white knight GZE orders six drilling rigs as part of expansion

    Posted Oct 27th 2014, 05:19am by Eric Ng

    ... and gas developer, it no longer has exclusive rights to collaborate with foreign firms. He said GZE is in talks with a Canadian firm on an oil and gas development project, without disclosing ...

  6. Business - China Business - ENERGY

    Beijing warned not to cut wind power tariffs

    Posted Oct 25th 2014, 03:41am by Eric Ng

    ... to a trillion yuan of investment," he said. "Only projects with decent returns will attract investors." China Datang, heavily exposed to the Inner Mongolia autonomous region, which has ...

  7. Business - Commodities - ENERGY

    Saudis like low oil prices to slow US shale expansion

    Posted Oct 13th 2014, 12:56pm by Reuters

    ... cuts to push global oil prices back up above US$100 a barrel. But Saudi officials have telegraphed a different message in private meetings with investors and analysts recently: the kingdom, ... in years. Venezuela, one of the cartel's most price-sensitive members, became the first to call openly for emergency action even earlier. Foreign Minister Rafael Ramirez said: "It ...

  8. Business - Companies - ENERGY

    Hong Kong solar investor reveals global ambition

    Posted Oct 01st 2014, 04:18am by Bloomberg

    ... potential investors. "For many years I watched the industry's development and waited for the most suitable time to invest," Cheng said. Shunfeng has become the flagship for his ...

  9. Business - Commodities - ENERGY

    China sets range for coal resource tax of 2-10 per cent

    Posted Oct 13th 2014, 04:13am by Reuters

    ... Reuters in Beijing China sets range for coal resource tax of 2-10pc The mainland will institute a resource tax on coal of between 2 per cent and 10 per cent in December, the first official numbers to be issued for the long-anticipated plan. The State Council said in September that the mainland would impose a new resource tax on coal and cancel existing charges in a move to simplify ...

  10. News - China - ENERGY

    China National Petroleum Corp anti-graft chief Wang Lixin 'detained'

    Posted Oct 10th 2014, 04:54am by Eric Ng

    ... cent gain. An energy stocks analyst said investors had largely ignored news of corruption investigations linked to PetroChina and were focusing on whether the company would deliver on its ...




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