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Shanghai Daily,上海日报


City launch for international gold trading board

The Shanghai Gold Exchange launched its international trading board in the city’s pilot free trade zone yesterday, with China, the world’s biggest gold market,...

September 19, 2014, Friday

China’s power use shrinks in August

China’s power consumption shrank for the first time this year in August, another sign of slow growth, official data showed yesterday.Electricity consumption, a broad measure of economic vitality,...

September 17, 2014, Wednesday

Sinopec to sell US$17.5b stake in unit

Sinopec Corp has agreed to sell a 107 billion yuan (US$17.5 billion) stake in its retail business Sinopec Sales to 25 investors, causing its shares to drop yesterday.Sinopec will sell a combined 29....

September 16, 2014, Tuesday

CNOOC discovers deepwater gasfield

China’s largest producer of offshore oil and gas CNOOC said yesterday that CNOOC 981, the country’s first deepwater drilling rig,...

September 16, 2014, Tuesday

Competition in China oilfield service sector may rise: Fitch

CHINESE independent oilfield services (OFS) firms are likely to face more competition over the longer term, said Fitch Ratings in a latest research note released earlier this week. The operating conditions ...

September 14, 2014, Sunday

Europe’s weak growth, China’s slowdown dent demand for oil

Demand for oil is feeling the squeeze of weak growth in Europe, slowdown in China and abundant supplies, the International Energy Agency said yesterday....

September 12, 2014, Friday

Gold bourse to launch international board

The Shanghai Gold Exchange, the biggest physical bullion market in the world, will launch an international trading board in the city’s free trade zone on September 29....

September 12, 2014, Friday

Modi faces tough task in national power crisis

Narendra Modi took decisive action as chief minister of Gujarat state to secure round-the-clock supplies of electricity. Now, as prime minister of India,...

September 6, 2014, Saturday

BP may pay extra US$18b fine for oil spill

BP could be looking at close to US$18 billion in additional fines over the nation’s worst offshore oil spill after a federal judge ruled that the company acted with “gross negligence”...

September 6, 2014, Saturday

Buildings to get quotas for energy consumption

China will release energy consumption quotas for buildings that will help their owners accelerate upgrading with new energy-saving technologies,...

September 5, 2014, Friday


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