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  • April 16, 2014
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Results 1 - 10 of 62 for state-owned enterprises

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  1. Business - China Business - ENERGY

    State-owned green firm gets World Bank ban

    Posted Jul 03rd 2013, 12:00am by Toh Han Shih

    ... The CECEP subsidiary is shut out of contract work for two years after admitting misconduct The World Bank has barred a subsidiary of a state-owned leader in energy conservation ... banned by all other multilateral lenders. Parent company CECEP is the only state-owned company directly sponsored by the central government that specialises in energy conservation, emission ...

  2. Business - Commodities - ENERGY

    Gas sales growth eyed by Beijing Enterprises

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

    ... It is building a fourth line with an annual capacity of 15 bcm. The four lines' combined capacity amounts to 50 bcm. Despite state-owned Citic Group's plan to inject essentially all its assets ... Eric Ng eric.mpng@scmp.com Distribution arm Beijing Enterprises enjoys 29.3 per cent earnings increase despite mild winter and targets growing urbanisation Beijing gas unit to speed sales ...

  3. Business - China Business - ENERGY

    State Grid joins queue to sell assets amid SOE reform push

    Posted Apr 05th 2014, 01:07am by RAY CHAN KEIRA HUANG

    ... Keira Lu Huang and Ray Chan State Grid joins queue to sell assets in reform push The world's largest utilities company, State Grid Corp of China, has become the latest state-owned enterprise to seek to sell off largely unprofitable assets, following mainland policymakers' call for diversification of ownership amid reform of the state-owned sector. The proposed asset ...

  4. Business - Commodities - ENERGY

    Solar farm taps crowd funding for 10m yuan project

    Posted Feb 20th 2014, 01:16am by Eric Ng

    ... crowd-fundraising had huge potential as a powerful project finance tool that would help fulfil its business and social responsibility objectives. As a state-owned enterprise, China Merchants had ... farm arm of state-owned power generator China Guodian, and online crowd-fundraising firm China Net Credit Finance. China Net operates zhongchou.cn a website that raises money from individuals ...

  5. Business - Commodities - ENERGY

    Crude imports drop to 5-month low

    Posted Apr 11th 2014, 12:59am by Reuters

    ... year on year last month as state-owned oil firms started up larger term contracts with suppliers such as Iraq and Russia to feed new refineries that came online in January. The world's top ...

  6. Business - Commodities - ENERGY

    Former oil tycoon plans comeback in Canada

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

    ... to state-owned firms at a government auction. Freed in 2008, his conviction was overturned in 2011 on appeal. Following his release, Gong invested in two small oil and gas producers in Alberta, Canada, ...

  7. Business - China Business - ENERGY

    Engineering and construction hotbed of corruption

    Posted Sep 27th 2013, 02:02pm by Reuters

    ... questions about how far Xi will go to root out graft in an industry that ranks as one of the most powerful corners of the state-owned corporate sector. Virtually all senior officials at state firms are members of the ruling Communist Party, whose power is largely unchecked. And there is a lot of money on the table. According to the European Union Chamber of Commerce in China, state enterprises ...

  8. Business - China Business - ENERGY

    Mainland shale gas bidding opened up

    Posted Sep 12th 2012, 12:00am by Eric Ng

    ... provinces are on offer. They include Guizhou, Hubei, Hunan, Jiangxi, Zhejiang, Anhui and Henan. In the first round of shale gas exploration rights auction in June last year, only state-owned firms ... more than a decade of technology development. Li Liang, vice-general economist at China United Coalbed Methane, said the state-owned firm has pre-registered to bid. He said the fact ...

  9. Business - China Business - ENERGY

    3 Chinese state firms looking to build nuclear plants abroad

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

    ... overseas projects State Nuclear Power Technology, one of three Chinese state-owned firms seeking to build nuclear plants overseas, is keen to take a crack at opportunities in Brazil, Britain ... 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 ...

  10. Business - Commodities - ENERGY

    China's oil sands bet goes sour in Canada

    Posted Dec 21st 2013, 01:49am by BLOOM

    ... Stephen Harper last year imposed limits on oil-sands purchases by state-owned enterprises. Falling fossil fuel prices, delays in building pipelines for exporting oil, and the time and money ...




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