• Sat
  • Oct 25, 2014
  • Updated: 1:01am

Energy

Hong Kong needs reserves of natural gas and more energy sources: lawmaker

Importing 30 per cent of the city's energy from the mainland would compromise Hong Kong's energy security, says Kenneth Leung.

Monday, 30 June, 2014, 7:21pm

CNPC to invest US$2b in Peru over next 10 years

China National Petroleum Corporation (CNPC) expects to invest at least US$2 billion in Peru over the next 10 years, after having recently bought Petrobras’ assets in the country, a top CNPC executive said on Tuesday.

28 May 2014 - 11:30am

Public demands more information about energy plans from government

Environment secretary tells people to look to the future rather than worrying about unreliability of mainland power grid in the past.

12 May 2014 - 4:41pm 1 comment

Second West-East Gas Pipeline set to start Hong Kong supplies this summer

It sounds like an engineer's pipe dream - a 9,000-kilometre-long pipeline stretching from Turkmenistan in Central Asia to Hong Kong and bringing energy to the homes of more than 500 million people along the way.

16 Jun 2013 - 4:07am 1 comment

China's State Grid readies for possible power deregulation

State Grid Corp of China's acquisition of power distribution assets in Australia made headlines last month because of the deal's size, but the strategic value of the transaction to the mainland's monopoly power distributor is the chance it gives the firm to gain first-hand knowledge of how deregulated power markets function, analysts say.

14 Jun 2013 - 3:49am

Sino Oil spends US$30m on wells and pipelines

Sino Oil and Gas, a partner of PetroChina in a project to extract natural gas trapped inside coal seams in Shanxi province, plans to spend US$30 million this year on well drilling, pipeline construction and the expansion of a gas processing plant.

31 May 2013 - 4:10am 1 comment

PetroChina to buy more gas overseas despite losses

PetroChina, the nation's largest oil and gas producer, will continue to boost natural gas imports even though mounting losses have substantially weakened its cash flow and increased its debt burden.

24 May 2013 - 3:47am

Halliburton eyes opportunities in China's shale gas industry

Some of the barriers to faster development on the mainland of shale gas - natural gas trapped between shale rocks - can be mitigated by policy incentives, technology, and supply chain management, according to an energy executive.

17 May 2013 - 6:25am

Don't kid yourself that electric taxis are green

Encouraged by the prospect of generous subsidies from the government's HK$300 million "green transport fund", the Hong Kong Taxi & Public Light Bus Association is leasing 45 battery-powered "e6" vehicles from Shenzhen-based manufacturer BYD.

21 May 2013 - 9:04am 15 comments

Gas boom may be mixed blessing for climate change

As fracking has boomed in recent years, energy experts have woken up to another unconventional source of natural gas. It is methane hydrate, and its potential reserves are huge.

12 May 2013 - 2:08am 3 comments

China's hunger for energy feeds its naval ambitions

Defence ministry spokesman Colonel Yang Yujun recently announced the readiness of China's aircraft carrier, the Liaoning, for its first blue-water trials this year, much sooner than the West imagined.

Commissioned last September, the Liaoning has so far conducted at least 10 sea trials close to the coast, mainly to train its personnel and test the vessel's capabilities.

8 May 2013 - 3:19am 2 comments

Green activists outraged at Apple Store's after-hours lighting

Empty of customers, the store nevertheless has about 500 lamps and spotlights burning bright on all three floors, the light passing through Apple's signature glass walls onto the pavement.

6 May 2013 - 8:50am 1 comment

Beijing cuts cost of petrol after crude oil falls

The mainland, the world's second-biggest oil consumer, is to cut fuel prices to motorists, in the first adjustment under new controls, after the cost of crude oil fell.

25 Apr 2013 - 6:15am

US exports crude oil to China

The US has started exporting crude oil to China for the first time since 2005, which analysts say gives Washington additional leverage in Sino-US relations and has major implications for the global oil market.

18 Apr 2013 - 5:54am

'Golden age' of coal draws to a close

The mainland's coal-fired electricity market will suffer a "structural oversupply", as cheap but dirty-burning energy sources are increasingly marginalised, says a senior industry official.

18 Apr 2013 - 5:33am

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