Energy | South China Morning Post
  • Sat
  • Jan 31, 2015
  • Updated: 9:46am

Energy

How green is your footprint?

Andy Fong checks his power consumption at Lee Woo Single College hostel. Photo: Nora Tam

The Construction Industry Council is set to launch a system for rating the carbon footprint of construction materials.

Thomas Ng Shiu-tong, a University of Hong Kong engineering professor involved in devising the scheme, says it will be the first of its kind.

Tuesday, 12 March, 2013, 10:13am

Home but nobody's

Leslie Lau from Modern Terminals. Photo: Nora Tam

By swapping fluorescent lights in staircases and common areas for a more energy efficient model, annual carbon emission from City One in Sha Tin would be cut by 850 tonnes. The measure - proposed by a consultancy that conducted a carbon audit of the estate in 2010 - would cost HK$400,000. Would you have agreed if you were a resident?

12 Mar 2013 - 10:13am

Pakistan's need for gas drives partnership with Iran on pipeline

Iranian Supreme Leader Ayatollah Ali Khamenei talks with Pakistan's President Asif Ali Zardari during a meeting for the gas pipeline project. Photo: AFP

Islamabad and Tehran are all set to begin work on a much delayed US$7.5 billion Iran-Pakistan gas pipeline, a project that faces stiff opposition from the United States. The project can bring an economic bonanza for Iran, which faces sanctions from the United Nations, the US and the European Union over its nuclear programme.

11 Mar 2013 - 3:16am

Offshore operations boost earnings for Power Assets

Power Assets' profit from operations in Hong Kong grew 2.4 per cent.

Turnover grew 2 per cent to HK$10.42 billion, thanks to a 1 per cent increase in the average basic tariff and a 1 per cent gain in unit sales of electricity in Hong Kong, the company said.

7 Mar 2013 - 6:12am

Analysts expect energy pricing reform after NPC

Sinopec and PetroChina lost billions of yuan last year. Photo: AP

Operators and investors in the mainland's energy sector will be eager to scour Premier Wen Jiabao's annual government work report tomorrow for the key words "price reform".

4 Mar 2013 - 5:42am

Nexen deal sees US hobble CNOOC in Gulf fields

Li Fanrong of CNOOC and Nexen's Kevin Reinhart. Photo: Reuters

CNOOC's purchase of Nexen includes about 200 deep-water leases in the Gulf. The company surrendered operating control of them to quell US national security concerns.

3 Mar 2013 - 5:17am

Political will can fuel Hong Kong's move towards low-carbon future

Political will can fuel Hong Kong's move towards low-carbon future

Each year, the Climate Change Business Forum surveys Hong Kong companies to determine how they perceive the threats and opportunities presented by climate change, with a particular focus on the energy-climate nexus. The third annual Hong Kong Business Survey on Energy Efficiency and Climate Change reveals that both angst and action are on the rise.

28 Feb 2013 - 3:37am 1 comment

China Gas, Sinopec near venture deals

China Gas will inject its LPG distribution assets into the proposed joint venture.

The two firms were in advanced talks on setting up a venture to distribute liquefied petroleum gas (LPG) produced by Sinopec's oil refineries and sell compressed natural gas (CNG) at its petrol stations, China Gas chief financial officer Eric Leung Wing-cheong said.

21 Feb 2013 - 6:07am

Sinochem buys into Texas oil-shale field

Sinochem's move follows other deals in which Chinese buyers acquired stakes in US shale formations in exchange for funding drilling costs. Photo: Reuters

Sinochem Group, China's biggest supplier of chemical products, has agreed to buy a 40 per cent stake in Texas oil-shale acreage from Pioneer Natural Resources for US$500 million.

1 Feb 2013 - 5:22am

CNOOC expects little change in output

CNOOC expects little change in output. Photo: Reuters

The five-year target excludes new acquisitions, such as its US$15.1 billion purchase of Canadian oil and gas firm Nexen, which is pending approval by United States regulators.

31 Jan 2013 - 5:20am

Marathon Mania: Banking on the carbs

Marathon Mania: Banking on the carbs

You could eat as much as you wanted before a marathon, but for such a long race, it's almost inevitable that you'll still run out of energy

29 Jan 2013 - 11:34am

China puts tighter cap on energy use growth

Beijing is renewing efforts to control energy use to cut its dependence on fuel imports. Photo: Reuters

Beijing aims to slow growth in energy use in a drive to contain its rising dependence on imported fuel.

The central government seeks to cap average annual growth in overall energy consumption at 4.2 per cent between 2011 and 2015, down from 6.6 per cent between 2006 and 2010, according to the 12th five-year energy development plan released yesterday by the State Council.

25 Jan 2013 - 4:56am

World not running out of oil just yet, BP claims

Oil firm forecasts that 70 per cent of global emissions will be from developing countries, and that China will depend on imports as the US becomes self-sufficient. Photo: Reuters

Warnings that the world is headed for "peak oil"- when oil supplies decline after reaching the highest rates of extraction - appear "increasingly groundless", BP's chief executive said last week.

20 Jan 2013 - 3:35am

Hong Kong deserves role in nuclear reactor risk management, experts say

The Daya Bay nuclear power station. Photo: Cheung Chi-fai

Hong Kong should be more involved in the safety and risk management of the nuclear reactors in its vicinity, a group of nuclear specialists has urged.

9 Jan 2013 - 5:17am 1 comment

Prediction of utilities' natural gas needs may have been too high

Prediction of utilities' natural gas needs may have been too high

Environment officials tried yesterday to ease fears of drastic electricity price increases in the next few years, saying the city might not need to double the amount of natural gas used by 2015 as was previously predicted.

9 Jan 2013 - 5:17am