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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

    ... energy price regulator National Development and Reform Commission said in a statement last night. The move implies a reduction of 1.5 per cent for users in Beijing, where the maximum petrol price has been cut to 9,260 a tonne. Diesel prices have been cut by 1.6 per cent to 8,520 a tonne in the nation’s capital. Fuel prices vary by region on the mainland. The one-month futures of Brent ...

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

    China plans to be world leader in nuclear power by 2020

    Posted Sep 14th 2014, 06:34am by STEPHEN CHEN

    ... by April. National Energy Administration director Wu Xinxiong told more than 100 scientific and engineering advisers in Beijing on Tuesday that the plan should meet the central government's ... has three nuclear power companies- China General Nuclear Power Corporation, State Nuclear Power Technology Corporation and China National Nuclear Corporation. China General and China National ...

    http://www.scmp.com/news/china/article/1591984/china-plans-be-world-leader-nuclear-power-2020
  3. Business - Commodities - ENERGY

    Wind power and equipment maker shares slide 6pc by midday

    Posted Sep 15th 2014, 02:32pm by Eric Ng

    ... per cent to 3.44 million yuan (HK$4.3 million) per megawatt from five years ago, according to a Citi research note. The National Development and Reform Commission has proposed to cut each ...

    http://www.scmp.com/business/commodities/article/1593078/windpower-and-equipment-maker-shares-slide-6pc-midday
  4. Business - Commodities - ENERGY

    Anton Oilfield chief relocates to Hong Kong amid downturn

    Posted Sep 08th 2014, 04:13am by Eric Ng

    ... its client base for overseas projects operated by mainland state oil and gas firms to national firms in resource-rich regions such as the Middle East, South America and Central Asia, founder, ... The rest is from abroad. At least six senior executives of PetroChina and its parent firm China National Petroleum Corp have been detained since mid-last year to assist corruption probes ...

    http://www.scmp.com/business/commodities/article/1587475/anton-oilfield-chief-relocates-hong-kong-amid-downturn
  5. Business - Commodities - ENERGY

    Small solar farms boosted by Beijing's new pricing policy

    Posted Sep 06th 2014, 05:37am by Eric Ng

    ... between 70 fen and 80 fen per kWh. The more favourable pricing policy is part of a circular issued by the National Energy Administration on Tuesday and posted on its website yesterday. ...

    http://www.scmp.com/business/commodities/article/1586240/small-solar-farms-boosted-beijings-new-pricing-policy
  6. Business - Commodities - ENERGY

    China leading world in renewable energy investments

    Posted Aug 29th 2014, 01:14am by Sophie Yu

    ... of unit investment costs for some technologies as well as a likely slowdown in global capacity growth. Expansion of renewables such as wind, solar and hydro projects will slow down unless policy ... investment- the government has promised subsidy to renewables until 2020." According to the National Energy Administration, China's power consumption grew about 5.5 per cent in the first ...

    http://www.scmp.com/business/commodities/article/1581600/china-leading-world-renewable-energy-investments
  7. Business - Commodities - ENERGY

    Shunfeng’s profitable capacity fully occupied amid recovery

    Posted Sep 05th 2014, 11:34am by Eric Ng

    ... in the mainland, Japan, India and the United States, which in turn offset lower demand from Europe. The global industry has some 70 GWs of panel capacity, but only 40 GWs were actively utilised last year, ... stakes in a Shanghai developer of hydrogen energy generation and storage technology, a United States-based lithium-ion battery energy storage technology developer, and signed a deal to acquire ...

    http://www.scmp.com/business/commodities/article/1585728/shunfengs-profitable-capacity-fully-occupied-amid-recovery
  8. Business - Companies - ENERGY

    GCL shares shine as solar panel demand drives profit turnaround

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

    ... by the United States against mainland Chinese and Taiwanese manufacturers have hurt their profits, it expects global solar panel demand to grow to between 40,000 and 45,000 megawatts this year from 39,000 MW last year, as rising demand from mainland China, the United States, Japan and India offsets slower European demand. Analysts at BOC International said in a note that although completion ...

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

    State firms seek tech help to tap China shale gas

    Posted Aug 25th 2014, 03:33am by Eric Ng, BIEN PEREZ

    ... tasked both with enhancing national energy security by lifting domestic output of hard-to-extract unconventional oil and gas, with the help of advanced foreign technology. They have also been ... interest in investing in Sinopec's fuel distribution unit, Sinopec Sales, which it plans to separately list on the stock market. Sinopec said on Friday it had signed a preliminary agreement ...

    http://www.scmp.com/business/commodities/article/1580452/state-firms-seek-tech-help-tap-china-shale-gas
  10. Business - Commodities - ENERGY

    Coal prices set to stay low on mainland China for next 12 months

    Posted Aug 18th 2014, 04:01am by Eric Ng

    ... of the mainland's second-largest coal miner China National Coal Group, last week said it had cut its raw coal output target for this year by 10 per cent. Given the success of United States energy firms ... demand". "But falling new mine investment [in Australia and Indonesia] should mean tighter supply and better prices in 2016 and 2017," it said in a research report. The two nations ...

    http://www.scmp.com/business/commodities/article/1575682/coal-prices-set-stay-low-mainland-china-next-12-months

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