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  • November 1, 2014
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    Xinyi Glass to invest in China wind farms under diversification plan

    Posted Oct 31st 2014, 01:12pm by Toh Han Shih

    ... manufacturer said in a statement to the stock exchange. The local government will help Xinyi Energy to obtaining government approvals and land use rights with a total area of 50,000 square metres ... Yin Yee said the Chinese glass market was in a volatile and unfavourable condition. ...

  2. Business - Commodities - ENERGY

    Hedge funds pick wrong in oil bet

    Posted Oct 28th 2014, 05:42am by Bloomberg

    ... fundamentals are still bearish," said Michael Lynch, the president of Strategic Energy & Economic Research. "This is going to be a very volatile market in the next few weeks." ... analysts said in a report. "Higher inflows and reduced outflows from Cushing may temporarily result in stock builds by year-end," the report said. Opec, which supplies 40 per cent ...

  3. Business - Commodities - ENERGY

    Chinese property investors move into US shale oil market

    Posted Oct 11th 2014, 04:15am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Chinese property investors follow US shale oil boom Chinese are finding a way to double up on exposure to the US shale oil boom, with property-focused investors buying up homes built for workers as energy companies move i ...

  4. Business - China Business - ENERGY

    Investors shrug off 12.6pc earnings drop at oil major Sinopec

    Posted Oct 31st 2014, 10:16am by Eric Ng

    ... night posted a 2.7 per cent year-on-year net profit rise in the third quarter to 2.18 billion yuan, as revenue grew 12.3 per cent to 8.54 billion yuan. It said in a filing to Hong Kong’s stock ...

  5. Business - China Business - ENERGY

    Foreign wind power firms struggle to succeed in China

    Posted Oct 28th 2014, 05:42am by Eric Ng

    ... firms struggle on mainland Overseas wind turbine makers have seen their market share on the mainland shrink and two Sino-foreign joint ventures have either ended in divorce or struggled to flourish in the world's largest wind power market. Industry executives said their troubles were partly due to aggressive capacity expansion by local firms that focused on short-term volume ...

  6. News - Asia - ENERGY

    Laos aims to quadruple its hydropower capacity by 2030

    Posted Oct 28th 2014, 11:01pm by Reuters

    ... 6,000MW under construction, Viraphonh Viravong said. "We expect by 2020, we'll have 12,000MW in operation with two-thirds for the export market," Viravong said on the sidelines ...

  7. Business - Commodities - ENERGY

    Titan's white knight GZE orders six drilling rigs as part of expansion

    Posted Oct 27th 2014, 05:19am by Eric Ng

    ... logistics," he said. "We will target the vast markets of China, the Pacific Ocean and the Indian Ocean." The revival of the so-called maritime Silk Road, an initiative to revive an ancient ... are with Singapore's Keppel- the world's largest drilling rig maker by market share- and four with a mainland shipyard of state-backed China Shipbuilding Industry. One of the rigs to be made by Keppel ...

  8. Business - China Business - ENERGY

    Huaneng Power jumps on 9.27b yuan deal with parent firms

    Posted Oct 14th 2014, 02:43pm by Eric Ng

    ... International Power Development majority stakes in 10 power plant operators, it said in a filing to the Hong Kong stock exchange on Monday night. "[The acquisitions are] conducive to further expanding the scale, increasing the market share and improving the competitiveness of the company," Huaneng Power said, adding they would allow the firm to expand into Hainan and Anhui ...

  9. Business - Companies - ENERGY

    Hot summer sees Hong Kong lead way in CLP electricity sales

    Posted Oct 20th 2014, 02:08pm by Sophie Yu

    ... in the international and domestic markets this year. The on-grid tariff rates of CLP’s coal-fired projects in mainland China have been reduced since last month, but the company said the impact was “more than ...

  10. Business - Commodities - ENERGY

    Saudis avoid 1980s mistakes to halt oil price fall as glut builds

    Posted Oct 14th 2014, 11:54am by Reuters

    ... Arabia, is determined not to make the same mistake again. The oil glut of the 1980s, the early days of the modern crude market and a distant memory for most traders, has resurfaced recently in conversations with Saudi officials and veteran analysts who see it as the defining moment behind the kingdom’s new strategy to protect medium-term market share. While the latest 25 per cent slide in oil ...




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