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  • September 17, 2014
  • Last updated: 7:47am
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  1. Business - Commodities - ENERGY

    Solar project fails as Australian government reviews clean energy

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

    ... to intensify the power of the sun, would have been three times larger than any currently commissioned projects, data showed. Australia has assigned Dick Warburton, a former Reserve Bank of Australia ... of electricity from renewables by 2020, up from about 15 per cent in 2013. The project in Mildura was scrapped because of the review into the target along with lower wholesale power prices, according ...

  2. News - China - ENERGY

    China plans to be world leader in nuclear power by 2020

    Posted Sep 14th 2014, 06:34am by STEPHEN CHEN

    ... but the Chinese companies that would build the plants are largely untested. The home-grown designs for third-generation reactors have yet to be used in a live nuclear project, even in China. China ...

  3. Business - Commodities - ENERGY

    Small solar farms boosted by Beijing's new pricing policy

    Posted Sep 06th 2014, 05:37am by Eric Ng

    ... off-power-grid solar farm projects, including giving developers flexibility to sell their output to grid operators at the higher subsidised prices enjoyed by large, ground-mounted projects if they are unable to find local power buyers. The long-anticipated initiatives will boost the economic viability of off-grid, mostly roof-top projects, for which Beijing set an ambitious development target ...

  4. Business - Commodities - ENERGY

    Anton Oilfield chief relocates to Hong Kong amid downturn

    Posted Sep 08th 2014, 04:13am by Eric Ng

    ... its client base for overseas projects operated by mainland state oil and gas firms to national firms in resource-rich regions such as the Middle East, South America and Central Asia, founder, ... and removed from their posts, resulting in delays in new projects and less outsourcing of oilfield services after new managers were installed. Hua Bangsong, chairman and controlling shareholder ...

  5. Business - Commodities - ENERGY

    Shunfeng’s profitable capacity fully occupied amid recovery

    Posted Sep 05th 2014, 11:34am by Eric Ng

    ... Suntech is targeting full-year output of 1.8 to 2 GW, of which 1.2 GWs are expected to be used in its own solar farms and 0.6 to 0.8 GWs by other project developers. After a two-year downturn ... connections, adding the company would develop more off-grid projects mounted on roof-tops. But development of roof-top projects nationwide has been slow due to financing difficulties, as banks have ...

  6. Business - Commodities - ENERGY

    Brazil and Japan to team up on offshore oil project

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

    ... 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 a "logistics hub" for the project when they meet in Brazil on August 1, Kyodo news agency said. The massive floating structure under consideration would be about 300 metres long and 100 metres ...

  7. Business - China Business - ENERGY

    Datang International’s chemical production losses widen to 1.37b yuan

    Posted Aug 28th 2014, 10:22am by Eric Ng

    ... coal-to-chemical conversion project in Inner Mongolia tumbled 46.3 per cent year on year to 68,200 tonnes from 127,000 tonnes. Datang International said early last month that it would sell part or all ... reforms. The move would lighten its debt load and improve its profitability. Besides Duolun, the company will also sell part or all of its 51 per cent stake in a 25.7 billion yuan coal-to-gas project ...

  8. Business - Commodities - ENERGY

    China leading world in renewable energy investments

    Posted Aug 29th 2014, 01:14am by Sophie Yu

    ... projects and red tape threaten to curb spending growth. Investment in new renewable power capacity is seen averaging at more than US$230 billion annually worldwide in the run-up to 2020, compared ... of unit investment costs for some technologies as well as a likely slowdown in global capacity growth. Expansion of renewables such as wind, solar and hydro projects will slow down unless policy ...

  9. Business - Commodities - ENERGY

    Beijing raises natural gas prices by 16pc

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

    ... Eric Ng eric.mpng@scmp.com The central government has raised the mainland’s average non-residential natural gas prices by around 16 per cent, in line with analysts’ expectations ... Commission said. Residential prices and prices for fertiliser makers that use gas as feedstock will remain the same. “This round of non-residential gas price hike is the second step of price reform ...

  10. Business - Commodities - ENERGY

    State firms seek tech help to tap China shale gas

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

    ... oil and gas production by deploying advanced technology, and is projected by the International Energy Agency to surpass Saudi Arabia and Russia as the world's biggest oil producer by next ... Energy Information Administration to be the world's largest. Sinopec has developed the mainland's first commercial-scale shale gas project in Fuling, Chongqing. Sanford Bernstein senior ...




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