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  • July 24, 2014
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  1. Business - Commodities - ENERGY

    Brazil and Japan to team up on offshore oil project

    Posted Jul 21st 2014, 03:18am by AFP

    ... an international consortium including Chinese state oil majors China National Petroleum Corp and CNOOC won the rights to develop the huge Libra oilfield in Brazil, with an estimated 8 billion to 12 billion ...

    http://www.scmp.com/business/commodities/article/1556926/brazil-and-japan-team-offshore-oil-project
  2. Business - China Business - ENERGY

    Proposed giant tidal plant for mainland China is far-off dream

    Posted Jul 21st 2014, 03:18am by Eric Ng

    ... said Lin Boqiang of the Xiamen University Centre for China Energy Economics Research. "Mainland research institutions may be looking into its feasibility out of our nation's desire ... to 15 US cents per kilowatt-hour (kWh), similar to the prices of 12 to 13.7 US cents per kWh at which subsidised offshore wind power is sold to the national grid. This means a greater subsidy ...

    http://www.scmp.com/business/china-business/article/1556881/proposed-giant-tidal-plant-mainland-china-far-dream
  3. Business - Commodities - ENERGY

    Investors dump Singyes shares on bond issue plan

    Posted Jul 18th 2014, 02:57am by Eric Ng

    ... of 19.6 million yuan. The company also signed a deal in August last year to sell 100MW of projects in Hunan province to United Photovoltaics Group, controlled by state-owned conglomerate China ...

    http://www.scmp.com/business/commodities/article/1555886/investors-dump-singyes-shares-bond-issue-plan
  4. Lifestyle - Books - ENERGY

    Book review: The Burning Answer, by Keith Barnham

    Posted Jul 12th 2014, 08:37pm by GDN

    ... patented in 1959; silicon solar cells first powered a calculator in 1978. Barnham finds it hugely significant that the US and Britain, the nations that principally developed nuclear technology, lag behind the world in renewable solar energy, whereas the leaders in the field are the three defeated nations of the second world war: Germany, Japan and Italy- all barred from developing nuclear ...

    http://www.scmp.com/lifestyle/books/article/1551901/book-review-burning-answer-keith-barnham
  5. Business - Commodities - ENERGY

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

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

    ... golf course north of Tokyo to be operated by a unit of Spain's Gestamp Renewables Corp. Japan may add the most solar power capacity in the world this year as a two-year-old incentive ...

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

    Chinese demand for Indonesian coal increases despite pollution fears

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

    ... of the coal powers the national grid. The mainland's electricity output growth slowed to 4.7 per cent in 2012, 7.6 per cent last year and 5.7 per cent in this year's first five months, from 12 to 13 per cent in 2010 and 2011. This in turn saw lower coal demand as some 75 per cent of the nation's power is generated by coal. [Indonesia's] coal production cost is among ...

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

    Rising US gas exports set to boost demand for LPG ships

    Posted Jul 02nd 2014, 01:45am by BLOOM

    ... Bloomberg in Athens US gas exports to boost demand for LPG vessels Increased US exports of liquefied petroleum gas amid higher shale oil production will boost demand for ships that carry gases such as propane, butanes and ethane, said Paris Kassidokostas-Latsis, director of Athens-headquartered Latsco Shipping. Shipments of LPG from the United States rose 65 per cent to a record ...

    http://www.scmp.com/business/commodities/article/1544517/rising-us-gas-exports-set-boost-demand-lpg-ships
  8. Business - Commodities - ENERGY

    China Petrochemical targets China shale gas reserves

    Posted Jun 16th 2014, 03:07am by Eric Ng

    ... Weatherford International and FTS International of the United States would also boost the image of Sinopec Oilfield Service, a unit of subsidiary China Petroleum & Chemical Corp (Sinopec), which ... PetroChina's parent China National Petroleum Corp, which supplies drilling services to PetroChina, has not announced any oilfield services joint ventures with overseas partners but has instead tapped ...

    http://www.scmp.com/business/commodities/article/1533592/china-petrochemical-targets-china-shale-gas-reserves
  9. Business - Commodities - ENERGY

    CNOOC boosts oil output off southern coast to reach target

    Posted Jun 13th 2014, 05:57am by Bloomberg

    ... 61 million barrels that came from Canadian unit Nexen. Weizhou is CNOOC's biggest oil producer in the western part of the South China Sea, one of four major oil- and gas-producing areas ... mostly crude oil. CNOOC, which started WZ6-12 last year, has announced a new finding in an area called Weizhou 12-11. Last month, CNOOC's state-owned parent China National Offshore Oil Corp ...

    http://www.scmp.com/business/commodities/article/1531146/cnooc-boosts-oil-output-southern-coast-reach-target
  10. Business - Commodities - ENERGY

    China's stockpiling keeping crude above US$100

    Posted Jun 11th 2014, 01:58pm by BLOOM

    ... The country imported a record volume in April as it emulates steps taken by the United States in the 1970s to create a strategic petroleum reserve, government data shows. President Xi Jinping ... and emergency stockpiles, according to the IEA, an adviser to 29 of the most industrialised nations on energy policy. The website of China's Centre for Oil Reserves has a short description ...

    http://www.scmp.com/business/commodities/article/1530009/chinas-stockpiling-keeping-crude-above-us100

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