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  • September 23, 2014
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  1. Business - Commodities - ENERGY

    Beijing cuts fuel prices as global glut weighs on crude values

    Posted Sep 17th 2014, 11:51am by Eric Ng

    ... benchmark crude oil is trading in Asia at around US$98.93 at 10:46a.m. It has fallen 12.5 per cent since reaching a high of US$113 on June 19, and touched this year’s low of US$97.88 on Monday. ...

    http://www.scmp.com/business/commodities/article/1594497/beijing-cuts-fuel-prices-global-glut-weighs-crude-values
  2. Business - Companies - ENERGY

    GCL shares shine as solar panel demand drives profit turnaround

    Posted Aug 29th 2014, 01:08pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Shares of GCL-Poly Energy, the world’s largest producer of solar panel raw materials polysilicon and solar wafers, rose 4.5 per cent to HK$2.80 in morning trade no Friday after it reported an interim profit turnaround as industry overcapacity was largely eased by surging panel demand in China. Net profit for the first six months of the year amounted ...

    http://www.scmp.com/business/companies/article/1581671/gcl-shares-shine-solar-panel-demand-drives-profit-turnaround
  3. Business - China Business - ENERGY

    Datang International’s chemical production losses widen to 1.37b yuan

    Posted Aug 28th 2014, 10:22am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Shares of Datang International Power Generation, the listed flagship of China Datang Group, one of the Big Five state-owned power generators, fell 0.47 per cent to HK$4.22 in early trade on Thursday after it posted a 0.5 per cent increase in first-half net profit to 2.03 billion yuan (HK$2.6 billion) on Wednesday night. Higher power generation profit ...

    http://www.scmp.com/business/china-business/article/1581383/datang-internationals-chemical-production-losses-widen-137b
  4. Business - Commodities - ENERGY

    ENN Energy on track to meet target

    Posted Aug 26th 2014, 09:28am by Eric Ng

    ... on Monday to close at HK$56.80, and was trading 2.1 per cent lower at 11.31am on Tuesday at HK$55.60.  ...

    http://www.scmp.com/business/commodities/article/1580734/enn-energy-track-meet-target
  5. Business - Commodities - ENERGY

    Trader Arcadia unbowed by CFTC oil-rigging deal

    Posted Aug 06th 2014, 03:28pm by Reuters

    ... by manipulation case Well before settling a long-running oil price manipulation case this week, global oil trader Arcadia had shrunk itself to a leaner operation with an almost singular focus: trading the very contracts US regulators accused them of rigging. Arcadia, a London-based trading firm founded in 1988 and bought eight years ago by Norwegian shipping billionaire John Fredriksen, does ...

    http://www.scmp.com/business/commodities/article/1567617/trader-arcadia-unbowed-cftc-oil-rigging-deal
  6. Business - Commodities - ENERGY

    Beijing raises natural gas prices by 16pc

    Posted Aug 12th 2014, 04:59pm by Eric Ng

    ... rising 3.1 per cent yesterday, outperforming a total gain of 1.5 per cent of the Hang Seng Index over the two trading days. Simon Powell, CLSA’s head of Asian oil and gas research, said ...

    http://www.scmp.com/business/commodities/article/1572142/beijing-raises-natural-gas-prices-16pc
  7. Business - China Business - ENERGY

    Ruentex pact paves way for Sinopec retail spin-off

    Posted Aug 04th 2014, 03:40am by Eric Ng

    ... petrol stations and has a 60 per cent share of the mainland's fuel retailing market by tonnage. It also operates 23,431 convenience stores trading under the brand Easy Joy. A BNP research ...

    http://www.scmp.com/business/china-business/article/1565713/ruentex-pact-paves-way-sinopec-retail-spin
  8. Business - Commodities - ENERGY

    Deutsche Bank lends US$1b in Japan solar gold rush

    Posted Jul 09th 2014, 05:19am by Bloomberg

    ... reliant on fuel imports after the closure of all its atomic reactors and contributing to 23 consecutive months of trade deficits. "Every time a country implements these very, very attractive ...

    http://www.scmp.com/business/commodities/article/1549940/deutsche-bank-lends-us1b-japan-solar-gold-rush
  9. Business - Commodities - ENERGY

    Chinese demand for Indonesian coal increases despite pollution fears

    Posted Jul 07th 2014, 05:26am by Eric Ng

    ... is controlled by companies owned by the Ng family's Agritrade International and Singaporean businessman Rashid Maidin's WSJ International Group. Both companies are commodities trading ...

    http://www.scmp.com/business/commodities/article/1548271/chinese-demand-indonesian-coal-increases-despite-pollution
  10. Business - Commodities - ENERGY

    U.S. shale gas bonanza to spur China fuel trade growth

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

    ... Bloomberg in New York The mainland's imports of propane, butane and isobutene jumped 23pc on year in August US gas bonanza spurs China fuel trade growth US exports of natural gas liquids, already at a record amid surging output from shale deposits, are poised to quadruple by 2020 as the expansion of the Panama Canal cuts shipping costs to Asia. Deliveries of the fuels ...

    http://www.scmp.com/business/commodities/article/1336914/us-shale-gas-bonanza-spur-china-fuel-trade-growth

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