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  • October 26, 2014
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  1. News - China - ENERGY

    China National Petroleum Corp anti-graft chief Wang Lixin 'detained'

    Posted Oct 10th 2014, 04:54am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Wang Lixin taken away by anti-corruption investigators as probe continues at China National Petroleum Corp, Caixin says Oil giant's anti-graft executive 'detained' China National Petroleum Corporation's anti-corruption chief Wang Lixin has been detained by corruption investigators, according to a mainland news report, the latest senior official ...

  2. Business - China Business - ENERGY

    Beijing warned not to cut wind power tariffs

    Posted Oct 25th 2014, 03:41am by Eric Ng

    ... and could only become competitive by lowering costs. The National Development and Reform Commission, the mainland's energy price regulator, is consulting the industry on cutting wind power ...

  3. Business - China Business - ENERGY

    Huaneng Power jumps on 9.27b yuan deal with parent firms

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

    ... this year. Huaneng Power, the listed unit of the mainland's largest power producer, China Huaneng Group, has agreed to buy from ultimate parent China Huaneng and immediate parent Huaneng ... to the owners as calculated by equity stakes. A further 2,300 MW of wholly owned plants are under construction. Most of the plants are coal and natural gas units, except for 150 MW of hydroelectric ...

  4. Business - Commodities - ENERGY

    Oil demand to grow at slowest rate in 5 years

    Posted Oct 15th 2014, 05:19am by Bloomberg

    ... on weaker-than- expected demand as a leading factor behind the drops," said the IEA, which advises 29 nations on energy policy. A "staggering" increase in supply has also weakened prices. ...

  5. Business - Commodities - ENERGY

    China sets range for coal resource tax of 2-10 per cent

    Posted Oct 13th 2014, 04:13am by Reuters

    ... on coal. Australian coal producers would be the hardest hit as its main coal export rival, Indonesia, is exempt from the tariffs through the Association of Southeast Asian Nations' free trade ...

  6. Business - Commodities - ENERGY

    Russia's Gazprom says US$400b Chinese gas deal not final

    Posted Oct 13th 2014, 04:13am by Reuters

    ... governments was almost ready, and could be signed "in the nearest future". Gazprom and Russia and China National Petroleum Corp signed the deal to supply gas through a pipeline in May after ...

  7. Business - Commodities - ENERGY

    Chinese property investors move into US shale oil market

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

    ... sector]," said Charlie Rosier, director of Blackfish, a Hong Kong-based firm focusing on United States property investment. As Chinese entities pour money into shale oil projects in the US, ...

  8. News - World - ENERGY

    EU narrowly approves plan for new nuclear plant in Britain

    Posted Oct 09th 2014, 10:17pm by AFP

    ... needs. Under the accord, which the EU estimates to be worth €31 billion (HK$ 304 billion), EDF gets a 45-50 per cent stake, China General Nuclear and China National Nuclear Corporation will have ...

  9. Business - Commodities - ENERGY

    Petronas could shelve Canadian LNG project without favourable tax deal

    Posted Oct 07th 2014, 04:04pm by Reuters

    ... it said. With companies such as Petronas facing fierce competition from rapidly advancing LNG projects in the United States and Australia, the threat should be taken seriously, said Peter ...

  10. Business - Companies - ENERGY

    Hong Kong solar investor reveals global ambition

    Posted Oct 01st 2014, 04:18am by Bloomberg

    ... be the biggest collection of solar-manufacturing businesses. The company is also investing in battery technology, electric cars, geothermal systems and even units that use seawater to store electricity. ... renewable-energy aspirations. It acquired in April the main manufacturing unit of Suntech Power Holdings. It agreed in May to buy the insolvent German solar inverter producer Sunways and is acquiring ...




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