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  • April 17, 2014
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  1. News - China - ENERGY

    Inland nuclear plant restart to help provinces

    Posted Apr 14th 2014, 05:18am by Toh Han Shih, Mimi Lau

    ... Investment Corporation, one of the nation's biggest utilities, has invested nearly 3 billion yuan in the Pengze plant, state media said. The Pengze project was also criticised by Wangjiang ...

  2. News - World - ENERGY

    Russia-China pipeline gas deal more likely after Ukraine political crisis

    Posted Apr 11th 2014, 12:00am by BLOOM

    ... increased the importance of Russia's relationship with China, its largest trade partner outside the European Union and the only country in the United Nations Security Council not to censure its ... National Petroleum Corp (CNPC) chairman Zhou Jiping in Beijing on Wednesday to discuss the terms of a deal. CNPC expected to sign a contract with Gazprom "as soon as possible" and talks ...

  3. Business - Commodities - ENERGY

    Gas sales growth eyed by Beijing Enterprises

    Posted Apr 01st 2014, 01:20am by Eric Ng

    ... billion from a 40 per cent-owned joint venture with PetroChina- the nation's largest oil and gas producer- that operates a pipeline transporting gas from fields in northern China to Beijing. ... The biggest growth driver is power plants, since the municipality aims to be rid of all coal-fired boilers in six of its districts by 2016 and replace them with cleaner gas-fired units, Zhou said. ...

  4. Business - Commodities - ENERGY

    Husky bullish on gas exploration potential in South China Sea

    Posted Apr 02nd 2014, 05:45am by Eric Ng

    ... an 18-year deal with CNOOC to sell the output from the first two fields to CNOOC Gas & Power, a unit of CNOOC's parent China National Offshore Oil Corp. For the first five years, a price ... of the three fields totals US$6.5 billion. China National has signed more than a dozen South China Sea deepwater exploration co-operation deals with global oil majors including BP, BG, Chevron, Husky ...

  5. Business - Commodities - ENERGY

    China’s coal miners in crisis

    Posted Apr 02nd 2014, 09:45am by Reuters

    ... out of business, while some major firms are slashing wages by up to 50 per cent to stem heavy losses. Chinese coal prices are at six-year lows, and miners in Inner Mongolia and elsewhere ...

  6. Business - Commodities - ENERGY

    Former oil tycoon plans comeback in Canada

    Posted Mar 20th 2014, 01:35am by Reuters

    ... the sector to create two state energy giants, Sinopec and China National Petroleum Corp. His Tianfa Group had a market capitalisation of 17 billion yuan (HK$21.53 billion) at its peak, but things ... a year, the biggest quota applied for by any firm so far. Canada's National Energy Board has approved seven LNG export projects along its Pacific coast and is reviewing four others including ...

  7. News - China - ENERGY

    Chinese scientists urged to develop new thorium nuclear reactors by 2024

    Posted Mar 18th 2014, 11:42pm by STEPHEN CHEN

    ... government tries to reduce the nation's reliance on smog-producing coal-fired power stations. A team of scientists in Shanghai had originally been given 25 years to try to develop ... the national legislature in Beijing on March 5 that the government had declared "war on pollution", and measures to tackle the problem included closing coal-fired power stations. About 70 per ...

  8. Business - Commodities - ENERGY

    Mongolian Mining sees weakness ahead for coking coal prices

    Posted Mar 12th 2014, 01:26am by Eric Ng

    ... Mining, the nation's largest miner of coking coal sold primarily to China, expects the steel smelting ingredient's price to remain weak this year due to oversupply, although it has ... million tonnes. The firm aims to sell six million tonnes this year. The company's share price slid 7.9 per cent to 82 HK cents yesterday after the results. Although the mainland's coking ...

  9. News - Hong Kong - ENERGY

    Hong Kong to consider increasing electricity imports in energy mix consultation

    Posted Mar 16th 2014, 06:34pm by CHEUNG CHI-FAI

    ... Hong Kong should be content with the current nuclear energy level, as it was already significantly higher than the national average. "We can't be greedy and ask whatever we want from ...

  10. Business - China Business - ENERGY

    3 Chinese state firms looking to build nuclear plants abroad

    Posted Mar 04th 2014, 10:09am by Eric Ng

    ... months to review the safety of all nuclear power projects after Japan's Fukushima disaster in 2011. The two other state-owned nuclear power plant developers, China National Nuclear and China ...




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