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  • April 21, 2014
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Results 1 - 10 of 13 for state-owned enterprises

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  1. News - China - RESOURCES

    China drills 7km borehole in 'roof of world' in oil and gas hunt

    Posted Apr 07th 2014, 03:53am by STEPHEN CHEN

    ... which state-owned oil companies were active in the region. But Li, who led one of the largest scientific drilling projects in Tibet, said: "Tibet's altitude and geology make it among ... of the region, which has seen growing political and religious strife. The two largest state-owned oil and gas companies, China National Petroleum Corporation (CNPC) and China Petroleum and Chemical ...

  2. Business - Commodities - RESOURCES

    MMG sets 10pc floor for return on acquisitions

    Posted Mar 17th 2014, 09:34am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com The chief of the overseas non-ferrous metals mining unit of China Minmetals is looking for targets with at least a 10 per cent return Acquisitions must measure up, MMG says MMG, the overseas non-ferrous metals mining unit of state-owned China Minmetals, will consider as acquisition targets only assets and projects with at least a 10 per cent return, ...

  3. Business - Commodities - RESOURCES

    Chinese investors warned about African mining risks

    Posted Dec 16th 2013, 12:18pm by Toh Han Shih

    ... an executive with the fund, which is a subsidiary of state-owned China Development Bank. The fund now manages US$3 billion, of which US$2.6 billion has been committed to investment in sectors ... Chinese companies I talk to." State-owned Shandong Iron and Steel acquired the Tonkolili iron ore mining project in Sierra Leone for US$1.5 billion in 2012, he said. Xu said that while ...

  4. Business - Commodities - RESOURCES

    Minimums set on China shale gas exploration

    Posted Nov 07th 2012, 12:00am by Eric Ng

    ... to ensure companies are serious about investing in the nascent and risky shale gas sector, which has been thrown open to participation by firms other than state-owned oil and gas producers ... he added. Private enterprises, mostly lacking experience in oil and gas development, have teamed up with foreign energy firms, and are "particularly keen in bidding". ...

  5. Business - Companies - RESOURCES

    Glencore sees China bids for US$5b Peru copper mine

    Posted Sep 12th 2013, 12:00am by BLOOM

    ... Development and Reform Commission, China's top economic planning agency, which approves all major overseas acquisitions, usually restricts state-owned companies from making rival offers. "We ...

  6. Business - Commodities - RESOURCES

    Mongolia to simplify FDI for state-backed firms

    Posted Aug 06th 2013, 12:00am by Eric Ng

    ... its largest export market for the commodities, has not helped. The landlocked nation tightened its vetting of foreign investment- both by private and state-owned firms- in May last year, just ...

  7. Business - Commodities - RESOURCES

    Australia's mining boom 'not over yet'

    Posted Aug 26th 2013, 12:00am by Reuters

    ... to drum up new investment opportunities. Ren was born in Benxi, Liaoning province, where he attended university. He later worked for the state-owned China Metallurgical Import and Export Corp ...

  8. Business - Commodities - RESOURCES

    Impoverished Afghans look to exploit wealth below their feet

    Posted Mar 27th 2013, 12:00am by Eric Ng

    ... The state-owned China National Petroleum Corp, the parent of the listed company PetroChina and the mainland's largest oil and gas producer, committed last year to investing US$600 million to explore ...

  9. Business - Commodities - RESOURCES

    Iron ore steels for a fall as China growth eases

    Posted Apr 26th 2013, 12:00am by Eric Ng

    ... secured commitments from Minmetals Cheerglory, a Hong Kong subsidiary of state-owned China Minmetals, the nation's largest steel trader, and General Nice Development, China's largest ...

  10. Business - Commodities - RESOURCES

    'No surge in sight for international iron ore prices'

    Posted Nov 06th 2012, 12:00am by Eric Ng

    ... in Australia and Africa, would continue to look for investment opportunities abroad. The mining arm of state-owned Sinosteel was considering joining a yet-to-be-determined partner to develop an iron ...




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