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  • November 21, 2014
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  1. Business - Commodities - ENERGY

    Plans for natural gas projects predicted to fail

    Posted Jun 10th 2014, 01:02am by Reuters

    ... Reuters in London Shell says rising costs and lower prices will make most scheduled export projects unfeasible Plans for natural gas projects predicted to fail Only a fraction of the natural gas export projects being developed around the globe will become reality as high costs and weakening gas prices torpedo those that until recently promised huge returns on investment. Large ...

  2. Business - Commodities - ENERGY

    Chinese drilling rig off Vietnam likely to strike gas, experts say

    Posted May 29th 2014, 03:18pm by Reuters

    ... Reuters in Hong Kong A Chinese oil rig, the deployment of which in waters claimed by Vietnam early this month triggered a rupture in ties, has a good chance of finding enough gas to put the area into production, Chinese industry experts said. That would give China its first viable energy field in the disputed South China Sea, one that is likely to be a source of friction ...

  3. Business - Commodities - ENERGY

    CNPC to invest US$2b in Peru over next 10 years

    Posted May 28th 2014, 11:30am by Reuters

    ... Reuters in Lima, Peru China National Petroleum Corporation (CNPC) expects to invest at least US$2 billion in Peru over the next 10 years, after having recently bought Petrobras’ assets in the country, a top CNPC executive said on Tuesday. “We are looking for more opportunities in Peru, to acquire companies or to participate in the bidding for oil fields,” Gong Bencai, head of CNPC’s ...

  4. News - World - ENERGY

    Russia's Inter RAO considers building power plant to sell electricity to China

    Posted May 27th 2014, 01:48am by Reuters

    ... Reuters in St Petersburg, Russia Russian firm eyes huge China deal Russia's Inter RAO is studying the possibility of building the world's largest coal-fired power plant to sell electricity to China in a sign of strengthening economic and political ties between the two countries. Boris Kovalchuk, head of the Russian power monopoly, said it would examine the cost and timetable ...

  5. Business - Commodities - ENERGY

    Europe utilities eye emerging markets

    Posted Nov 15th 2013, 03:10am by Reuters

    ... Reuters in Paris and Frankfurt Europe utilities eye emerging markets Germany's E.ON and France's GDF Suez, two leading European utilities, are posting lower profits as a prolonged energy crisis in Europe is leading to power plant closures and asset write-downs. Both companies plan to focus on investment in emerging markets to try to counter a stagnant western ...

  6. Business - Commodities - ENERGY

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

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

    ... Reuters in Beijing China’s first floating liquefied natural gas (LNG) import terminal is expected to start operation next month, local media reported on Wednesday, just in time to help ease a looming winter supply crunch in the world’s top energy consumer. “Construction of China’s first floating LNG terminal is coming to an end... It will be ready to supply clean energy ...

  7. News - China - ENERGY

    China cuts gas supply to industry as shortages hit

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

    ... Reuters in Beijing Sinopec and PetroChina unable to meet demand as cities switch to natural gas to cut coal use and tackle air pollution China’s top natural gas producers have begun to cut supplies to industrial consumers in a bid to make sure that homes and users of transport are not left short as demand surges over the winter. Chemical fertiliser makers and other industrial users ...

  8. Business - Commodities - ENERGY

    UK, France's EDF agree on nuclear plant; Chinese firms in consortium

    Posted Oct 22nd 2013, 03:27am by Reuters

    ... Reuters in Paris and London UK, French firm agree on nuclear plant Britain has signed a deal with France's EDF to build a £16 billion (HK$200 billion) nuclear plant, becoming the first European country to provide state guarantees to help finance a nuclear project. The Hinkley Point C project in England, the first new European nuclear plant since the Fukushima crisis, ...

  9. Business - Companies - ENERGY

    Petrobras-led group wins 'disappointing' Brazil oil auction

    Posted Oct 22nd 2013, 12:03pm by Reuters

    ... Reuters in Rio de Janeiro Petrobras wins 'disappointing' Brazil oil auction Brazilian state-run energy company Petrobras teamed up with European oil majors and Chinese rivals on Monday to buy the country’s biggest-ever oil field with a lone bid at the minimum price, a disappointing outcome for a sale that was supposed to launch Brazil as a petroleum power. The auction, ...

  10. Business - Commodities - ENERGY

    Investment in clean energy falls

    Posted Oct 14th 2013, 10:44am by Reuters

    ... Reuters in London Investment in clean energy falls Global investment in clean energy fell to roughly US$46 billion to US$47 billion in the third quarter of this year as project finance for renewables stalled owing to policy uncertainty, overcapacity and cheap natural gas, two separate reports showed on Monday. Investment in renewable energy and smart energy technologies totalled ...




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