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Shanghai Daily,上海日报
Latest news:


Plans for Karachi

Shanghai Electric plans to spend US$9 billion overhauling electricity infrastructure in Karachi, just months after it revealed it was buying a Pakistani power company....

December 9, 2016, Friday

Li in US$5.4b bid for Aussie energy group

LI Ka-shing’s Cheung Kong Infrastructure yesterday offered A$7.3 billion (US$5.4 billion) for an Australian energy group, just months after his bid for the country’s largest electricity network was blocked ...

December 6, 2016, Tuesday

Oil quota unchanged

The Ministry of Commerce said yesterday that the quota for non-state crude oil imports will stay unchanged at 87.6 million tons for 2017. The volume is equivalent to about 26 percent of China’s crude ...

December 2, 2016, Friday

OPEC cuts to have modest impact

OPEC’s decision to cut production gave an immediate boost to oil prices, but the impact on consumers and the US economy is likely to be more modest and gradual....

December 2, 2016, Friday

Long-term deals to steady coal market

CHINESE authorities have detailed measures to ensure the execution of medium and long-term contracts between coal producers and buyers as the government seeks to avoid violent price fluctuations. A guideline ...

December 2, 2016, Friday

OPEC caps output, first in 8 years

OPEC has agreed its first limit on oil output since 2008, sources in the producer group said, with Saudi Arabia accepting “a big hit” on its output and agreeing to arch-rival Iran freezing output at pre-sanctions ...

December 1, 2016, Thursday

Wind power spending to top US$102b

CHINA will spend 700 billion yuan (US$102 billion) on wind power from 2016 to 2020. Wind power’s share of the overall electricity mix should be increased to 6 percent by 2020, up from 3.3 percent in ...

December 1, 2016, Thursday

Exchange to help reform energy market

Shanghai Petroleum and Natural Gas Exchange, a national energy trading center, officially opened for business on Saturday, a step further toward China’s market-oriented reform of energy....

November 28, 2016, Monday

Coal, steel firms growing illegally to be punished

China will send inspection teams to investigate and severely punish illegal expansion by coal and steel firms as part of its efforts to slim down the two industries, the country’s Cabinet said yesterd...

November 25, 2016, Friday

Coal prices fall as supply rises to quell speculation

Chinese coal prices fell amid the government’s efforts to replenish supply to dampen speculation....

November 25, 2016, Friday


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