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...
- Sat
- May 25, 2013
- Updated: 5:41am
Trending topics
21 May 2013
Kunlun Energy, PetroChina's gas distribution and infrastructure unit, plans to invest HK$22 billion this year building gas pipelines and liquefied natural gas (LNG) processing plants, as more...
4:53AM
18 May 2013
State Grid Corp of China, the world's largest utilities company, has agreed to acquire major stakes in Singapore Power's Australian assets, in deals that could be worth over US$5 billion.
3:26AM
17 May 2013
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,...
6:25AM
13 May 2013
Mainland infrastructure firms are well positioned to bid for the construction of natural gas-fired power plants in Iraq, but they need to work harder to catch up with Western rivals that have had...
3:31AM
12 May 2013
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.
2:08AM
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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.
5:33AM
Authorities denied rumours of a nationwide hike in natural gas prices after long queues were seen outside natural gas selling stations in a number of cities across China.
8:28PM
The firm posted a net profit of 115.3 billion yuan (HK$142.5 billion) for last year, down 13.3 per cent from 2011 and around 7.5 per cent lower than analysts' average estimates.
4:38AM
The warning of hefty tariff increases by the city's top energy supplier is a case of déjà vu. After imposing a 5.9 per cent tariff increase early this year, CLP reiterated that electricity prices...
2:35AM
The mainland produces no commercial quantities of shale gas, yet it has set a target of 80 billion cubic metres (bcm) by 2020, or 23 per cent of total expected demand. Output in 2020 is likely to...
2:01AM
Gas imports by sea and pipeline will rise 24 per cent in 2013, according to China National Petroleum Corp (CNPC), the nation's biggest energy explorer. Crude purchases will climb 7.3 per cent and...
3:53AM
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