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Energy


CGN eyes equity in UK’s NuGen

China General Nuclear Power Corporation is bidding to make an equity investment in a planned British nuclear plant, the future of which was thrown into doubt earlier this year amid mounting financial woes...

September 20, 2017, Wednesday


China to extend use of ethanol fuel

CHINA said yesterday that it would extend the use of ethanol fuel nationwide as it seeks to intensify anti-pollution efforts while finding a use for the nation’s huge surplus of corn. The plan will support ...

September 14, 2017, Thursday


China on the road to eliminating fossil-fuel vehicles

CHINA is working on a national smart cars strategy and considering a ban on the production and sale of fossil-fuel vehicles, according to policy-makers at a forum on automotive industry development. It ...

September 11, 2017, Monday


China’s CEFC to buy 14.16% of Rosneft for US$9.1b

Chinese conglomerate CEFC will buy a 14.16 percent stake in Russian oil major Rosneft for US$9.1 billion from a consortium of Glencore and the Qatar Investment Authority, strengthening the energy partnership...

September 11, 2017, Monday


Merger will form world’s largest power enterprise

CHINA’S largest coal miner China Shenhua Energy Co will merge with power giant China Guodian Corp to create the world’s largest power group, the State-owned Assets Supervision and Administration Commission ...

August 29, 2017, Tuesday


Oil prices and demand fuel Sinopec’s H1 net profit

Asia’s biggest oil refiner Sinopec said its first-half net profit jumped more than 40.1 percent thanks to a rise in oil prices and stable growth in China’s economy, which fueled demand for its refined...

August 29, 2017, Tuesday


US energy study calls to lift coal and nuke power

A US Energy Department report calls for incentives to boost coal-fired and nuclear power plants following a slew of closures that it said undermined reliable sources of electricity. The findings of the ...

August 25, 2017, Friday


China’s gas use may rise 10% in 2017

CHINA’S natural gas consumption is expected to maintain double-digit growth in 2017 after signs of slowing over the past two years, a report said on Saturday. China’s apparent consumption of natural ...

August 21, 2017, Monday


China to beat solar power installed goal

CHINA will exceed its target for installing solar power as costs decline and transmission becomes more efficient, UBS said yesterday. While the National Energy Administration pledged last year that China’s ...

August 18, 2017, Friday


Coal firms’ profits rise on cut in capacity

China’s coal producers posted higher profits in the first half of this year as the country made progress in reducing capacity in the bloated industry....

August 14, 2017, Monday


 

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