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  1. Business - Commodities - ENERGY

    Extra carbon permits voted off the market

    Posted Dec 11th 2013, 05:05am by Reuters

    ... Reuters in Strasbourg European Parliament acts to approve backloading, so regulators can make a one-off delay to scheduled sales of 900 million surplus permits Extra carbon permits voted off the market The European Parliament voted yesterday to remove surplus permits from the carbon market from next year to prop up allowance prices on the EU Emissions Trading Scheme (ETS), ...

    http://www.scmp.com/business/commodities/article/1377868/extra-carbon-permits-voted-market
  2. Business - Commodities - ENERGY

    CNOOC boosts oil output off southern coast to reach target

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

    ... positive more production should be possible out of this site once some of the programmes under way begin to produce results," Liao told reporters visiting the terminal on Tuesday. The Weizhou ...

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

    Chinese drilling rig off Vietnam likely to strike gas, experts say

    Posted May 29th 2014, 03:18pm by Reuters

    ... results. The US$1 billion deepwater rig owned by state-run China National Offshore Oil Company Group, parent of listed flagship unit CNOOC, is scheduled to explore until mid-August. “The place ...

    http://www.scmp.com/business/commodities/article/1521122/chinese-drilling-rig-vietnam-likely-strike-gas-experts-say
  4. Business - Commodities - ENERGY

    Li Ka-shing firms bid for control of Australia's gas operator Envestra

    Posted May 09th 2014, 01:14am by Eric Ng

    ... or a combination of its shares and cash. CKI representatives on Envestra's board, Dominic Chan and Ivan Chan, recommended in March that other Envestra shareholders vote against APA's offer. Shareholders will vote on May 13. Cheung Kong is a Hong Kong property developer. CKI owns power, water, gas utilities and transport infrastructure projects. Power Assets mainly invests in electricity ...

    http://www.scmp.com/business/commodities/article/1507871/li-ka-shing-firms-bid-control-australias-gas-operator-envestra
  5. News - China - ENERGY

    China, Russia sign historic natural gas supply deal worth US$400b after decade of talks

    Posted May 21st 2014, 05:51pm by Teddy Ng

    ... was a "tangible result" for Putin that he could get things done despite his difficulties with the West, said Rafaello Pantucci, a senior research fellow with the Royal United Services Institute, ...

    http://www.scmp.com/news/china/article/1517296/russia-china-sign-long-awaited-gas-deal
  6. Business - Commodities - ENERGY

    British Columbia woos LNG investment with low taxes

    Posted May 10th 2014, 01:20am by Eric Ng

    ... concluded a week-long mission in Asia to encourage more investment in her province. Sharp wage increases resulting from Australia's resources boom saw some firms give up building onshore LNG ...

    http://www.scmp.com/business/commodities/article/1508681/british-columbia-woos-lng-investment-low-taxes
  7. Business - Commodities - ENERGY

    Exxon's Arctic oil drilling plans threatened by US sanctions on Russia

    Posted Apr 30th 2014, 01:31am by BLOOM

    ... of Prosperity Capital. "Maybe some transactions will be threatened as a result and perhaps Russia will counter and they will be less keen for American companies to work on Arctic projects." ...

    http://www.scmp.com/business/commodities/article/1500359/exxons-arctic-oil-drilling-plans-threatened-us-sanctions-russia
  8. Business - Commodities - ENERGY

    CNOOC sees oil and gas sales increase by 6.9pc thanks to Nexen acquisition

    Posted Apr 23rd 2014, 12:50am by Eric Ng

    ... to pricing reform that resulted in higher mainland gas prices. CNOOC has seven major projects due to start production this year, with total expected peak output of 227,000 boe a day. All but two ...

    http://www.scmp.com/business/commodities/article/1494673/cnooc-sees-oil-and-gas-sales-increase-69pc-thanks-nexen
  9. Business - Commodities - ENERGY

    Sinopec leads China's shale gas revolution with successful drilling

    Posted Apr 24th 2014, 01:15am by Eric Ng

    ... "The actual spending will depend on the results. If efficiency is good, we will increase outlays. Otherwise, we will stick with trial exploration." Together, the two oil and gas giants ... research report. This means rock formations are deformed as a result of underground movements. Only short horizontal sections can be drilled, incurring higher drilling costs. According to Fu, ...

    http://www.scmp.com/business/commodities/article/1495391/sinopec-leads-chinas-shale-gas-revolution-successful-drilling
  10. Business - Commodities - ENERGY

    China’s coal miners in crisis

    Posted Apr 02nd 2014, 09:45am by Reuters

    ... was grim. "If coal prices continue to slide, it will be hard for many companies to survive. The whole industry will undergo a major consolidation," he told a recent results briefing ...

    http://www.scmp.com/business/commodities/article/1462997/chinas-coal-miners-crisis

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