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  • April 19, 2014
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  1. Business - China Business - ENERGY

    State Grid joins queue to sell assets amid SOE reform push

    Posted Apr 05th 2014, 01:07am by RAY CHAN KEIRA HUANG

    ... US$30 billion. State Grid had marked three units for disposal: high-voltage direct-current transmission networks, electric-car charger facilities and pumped-storage hydroelectricity, ... Keira Lu Huang and Ray Chan State Grid joins queue to sell assets in reform push The world's largest utilities company, State Grid Corp of China, has become the latest state ...

  2. Business - China Business - ENERGY

    3 Chinese state firms looking to build nuclear plants abroad

    Posted Mar 04th 2014, 10:09am by Eric Ng

    ... and South Africa, an official at its finance unit said. Wang Henghai, deputy general manager of State Nuclear Power Finance, told the Asia Nuclear Business Platform conference last week ... Eric Ng eric.mpng@scmp.com State Nuclear will consider various financing options to help potential customers as it targets opportunities in Brazil, UK and South Africa Nuclear firm eyes ...

  3. Business - Commodities - ENERGY

    China Inc joins the big league in oil and gas services

    Posted Apr 16th 2014, 01:21am by Reuters

    ... of the same equipment made elsewhere. Prices are so competitive that the United States in 2012 slapped hefty anti-dumping duties on imports of Chinese seamless steel pipes, including pipes used ... expertise that is challenging more established rivals. State-run and privately controlled Chinese rig makers, oil and gas services and engineering firms are showing up in the supply chain everywhere ...

  4. News - World - ENERGY

    New biofuel production method may not require crops at all

    Posted Apr 10th 2014, 09:29pm by Reuters

    ... using too much water and fertiliser. They also say diverting corn and sugar to make biofuels pushes up food prices. The United States leads the world in ethanol production, with 13.3 billion ...

  5. Business - Commodities - ENERGY

    Russia close to reaching gas supply deal with China

    Posted Apr 10th 2014, 01:01am by Reuters

    ... annexation of Crimea. The sides are close to agreement. The only issue … is the price DEPUTY PREMIER ARKADY DVORKOVICH As talks between state-controlled Gazprom and Chinese officials continued ... billions of dollars in upfront payments. The sources said Gazprom was hoping for a price of US$10 to US$11 per mmBtu (million British thermal units). China is believed to pay US$9 per mmBtu ...

  6. Business - Commodities - ENERGY

    Green Dragon in talks with Chinese state-backed firms over fruits of disputed drilling

    Posted Nov 27th 2013, 11:17am by Eric Ng

    ... on securing fuel reserves to power its growing economy. Green Dragon Gas, an explorer for natural gas trapped between coal seams, is trying to resolve a disagreement with state-backed partner CNOOC and its China United Coal Bed Methane (CUCBM) unit on the sharing of reserves and output from drilling done allegedly without its consent. Randeep Grewal, the chairman of Green Dragon, which ...

  7. News - World - ENERGY

    Giant solar plane unveiled ahead of round-the-world bid

    Posted Apr 10th 2014, 09:28pm by AP

    ... flight five years ago. The original plane demonstrated that a solar-powered plane can fly through the night, hop from Europe to Africa and cross the width of the United States. But its successor ...

  8. Business - Commodities - ENERGY

    Gas sales growth eyed by Beijing Enterprises

    Posted Apr 01st 2014, 01:20am by Eric Ng

    ... into its Hong Kong unit Citic Pacific, in a potential deal seen to be part of a deepening of state-enterprise reform, Zhou said that Beijing Enterprises' parent Beijing Enterprises Group has ... Eric Ng eric.mpng@scmp.com Distribution arm Beijing Enterprises enjoys 29.3 per cent earnings increase despite mild winter and targets growing urbanisation Beijing gas unit to speed sales ...

  9. News - China - ENERGY

    Inland nuclear plant restart to help provinces

    Posted Apr 14th 2014, 05:18am by Toh Han Shih, Mimi Lau

    ... projects. The ban on the construction of coastal nuclear plants was subsequently eased, but in October 2012 the State Council reaffirmed the ban on inland nuclear plants until 2015, citing higher ... Investment Corporation, one of the nation's biggest utilities, has invested nearly 3 billion yuan in the Pengze plant, state media said. The Pengze project was also criticised by Wangjiang ...

  10. Business - Commodities - ENERGY

    Hong Kong property tycoon betting big on solar rebound

    Posted Apr 02nd 2014, 05:45am by Bloomberg

    ... US$20 billion, according to regulatory filings in the United States and Hong Kong, where he has a home and office. The transactions, if completed, would transform Zheng, a newcomer to the solar ...




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