• Tue
  • Dec 23, 2014
  • Updated: 12:32am

Energy

ENN Energy shares rebound after finance chief seeks to ease concerns

Natural gas refuelling stations have become a more common sight in North America in recent years. Photo: Reuters

Friday, 31 October, 2014, 2:03pm

Xinyi Glass to invest in China wind farms under diversification plan

Xinyi aims to generate up to 300 megawatts of electricity from the wind farms it will operate. Photo: Reuters

31 Oct 2014 - 1:12pm

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

Hong Kong may import 30 per cent of its energy from the mainland in the future. Photo: K.Y. Cheng

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

30 Jun 2014 - 7:21pm

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

CNPC now has operations in seven Latin American countries. Photo: AP

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

Technician install insulators at a mainland power station. One of the government's plans would see up to 30 per cent of the city's energy come from the mainland grid. Photo: Xinhua

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

The 5,220-kilometre Second West-East Gas Pipeline stretches from Xinjiang Uygur autonomous region in the northwest to northern Guangdong. Photo: Xinhua

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

On the mainland, power prices are set by the state, but State Grid gives priority to generators that are less polluting. Photo: Bloomberg

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

Dai Xiaobing, Executive Director of Sino Oil and Gas Holdings Limited.

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

The mainland has committed to import 95 billion cubic metres of gas in 2015 and is under pressure to increase prices. Photo: Reuters

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

China has the world's largest recoverable shale gas resources, some 36 trillion cubic metres, according to the US Energy Information Administration. Photo: Reuters

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

A BYD e6 electric taxi

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

The promise of methane hydrate as a fuel has added to the already frenetic pace of gas development in the US and elsewhere. Photo: AP

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

Staff of Chinese Embassy to Portugal, Portuguese Chinese and Portuguese navy officers see Chinese navy escort fleet off in Lisbon, capital of Portugal. Photo: Xinhua

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

The Apple logo burns brightly at night at the tech giant's store in Causeway Bay. Photo: Edward Wong

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

Petrol and diesel prices are coming down on the mainland.

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

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