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  • April 21, 2014
  • Last updated: 10:04am
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  1. Business - Commodities - ENERGY

    Hong Kong property tycoon betting big on solar rebound

    Posted Apr 02nd 2014, 05:45am by Bloomberg

    ... Bloomberg in Hong Kong and New York Property tycoon betting big on solar rebound A Hong Kong property tycoon has spent the past year accumulating stakes in failing solar companies, piecing together what may become the biggest collection of photovoltaic factories in the world. Zheng Jianming has spent or pledged about US$533 million to buy assets that at their peak were worth almost ...

  2. Business - Commodities - ENERGY

    Gas prices under upward pressure

    Posted Jan 20th 2014, 12:20am by Eric Ng

    ... China's residential gas demand in winter expected to be up to 10 times its non-peak requirement, Wood Mackenzie estimates the region will account for 70 per cent of the mainland's annual spot ... of the industrial coal-fired boilers ordered by local governments to shut down to cut pollution will be kept operating, as meeting residential gas demand is a higher priority. Liu Minghui, the chairman ...

  3. Business - Commodities - ENERGY

    China’s first floating LNG terminal to receive gas in December

    Posted Nov 06th 2013, 03:47pm by Reuters

    ... production at domestic fields, raising gas imports and prioritising supplies to public transportation and residential users over the winter period. The China National Offshore Oil Corp (CNOOC) ... is in addition scouring global markets for LNG imports, while Sinopec cut gas demand from its refinery and chemical plant to ration supplies to residential users. ...

  4. News - Hong Kong - ENERGY

    City's power firms agree to pass on 'bonus' profits

    Posted Nov 22nd 2013, 01:53pm by Ernest Kao

    ... buildings- in particular single residential blocks- set up energy-saving systems. "This has been a big breakthrough for both suppliers … It means they will now use financial rewards earned from ...

  5. Business - Commodities - ENERGY

    Beijing on target to solve natural gas price reform and shortages

    Posted Nov 27th 2013, 03:32am by Eric Ng

    ... can't guarantee supply volume to our customers. Our priority is to meet residential demand, followed by commercial demand and industrial demand." To combat chronic air pollution and meet ...

  6. News - China - ENERGY

    China cuts gas supply to industry as shortages hit

    Posted Nov 06th 2013, 03:23pm by Reuters

    ... maximise natural gas supplies to residential and transport users by strictly controlling demand. It said demand in the first three quarters of the year rose 13.5 per cent to 120.8 bcm, while ... and it is easier to ration supply (to industries) than it is to the domestic residential market,” said Tony Regan, an analyst with Singapore-based consultancy Tri-Zen. China has also sought to use gas ...

  7. Business - Companies - ENERGY

    Pressured CLP sees dip in sales volume

    Posted Oct 29th 2013, 02:42am by Eric Ng

    ... being a leap year, included an extra day. The fall was led by a 4.5 per cent drop in residential sales, which contributed 28 per cent of total sales. This was party offset by slightly higher ... of oversupply and falling end-user demand. Residential demand was hit by rising prices, installation of rooftop solar power systems and energy-efficiency gains, while the high Australian dollar weakened ...

  8. Business - Companies - ENERGY

    Towngas to spin-off business 'when time is ripe': CEO Peter Wong

    Posted Oct 21st 2013, 03:56am by Anita Lam

    ... jump in ebitda of its mainland business. Tycoon Lee Shau-kee's decision to sell his 1.6 per cent stake in Towngas to his flagship company, Henderson Properties- revealed in an exchange ...

  9. Business - China Business - ENERGY

    China nuclear plant delay raises safety concern

    Posted Oct 07th 2013, 12:00am by Eric Ng

    ... an interest cost of US$1 million. A reactor of more than 1,000MW, like the AP1000, generates over eight billion kilowatt-hours of power a year. If the power is sold to residential users at 50 fen (63 ...

  10. Business - Commodities - ENERGY

    ENN to continue push into vehicle gas market

    Posted Aug 28th 2013, 12:00am by Eric Ng

    ... are more attractive for gas distributors since industrial and commercial users consume a lot more gas than residential ones, resulting in fatter profit margins for gas distributors because ... cent from fees charged to connect residential users to its pipeline network, 13.2 per cent from gas refilling for vehicles, and 5.2 per cent from wholesaling. Wang said ENN plans to raise ...




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