China energy news - crude oil, natural gas and energy market news in Shanghai and China

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Energy

Diversity sought for energy sources

China will further diversify its sources of crude oil and gas while reducing its reliance on external supplies, officials said at the China International Oil and Gas Trade Congress in Shanghai yesterd...

November 18, 2016, Friday

‘The Pink’ set for US$16-18m

A model shows “The Pink,” a fancy vivid pink pear-shaped diamond, during a press preview by Christie’s auction house in Geneva on Thursday. “The Pink,” weighing 9.14 carats, is expected to go for US$16 to US$18 million during an upcoming auction in Geneva on Tuesday. ...

November 12, 2016, Saturday

Long-term deals for coal prices urged

China is promoting medium and long-term deals between coal producers and buyers to stabilize supply and curb market volatility as surging coal prices have heated concerns about the industry’s ongoing cuts...

November 10, 2016, Thursday

Global gold buying dims 10% in Q3

Gold buying globally fell 10 percent in the third quarter as consumer demand in China and India sagged and central banks halved their purchases, despite a rise in investment sentiment, the World Gold Council...

November 9, 2016, Wednesday

Bigger clean energy source set for 2020

China will have 58 million kilowatts of installed nuclear power by 2020 as it expands its clean energy network and pursues green growth, the energy regulator said yesterday....

November 8, 2016, Tuesday

China seeks to improve energy structure to cut carbon emissions

China plans to upgrade its energy structure to cut carbon emissions and reduce costs in transmission of power, Shanghai Daily learned yesterday at the green technology seminar of the China International...

November 3, 2016, Thursday

Power companies feel chill as high coal prices eat into profits

North China has been caught by a sudden cold snap with temperatures already sub-zero, but local power plants have been feeling the chill for a long time as soaring coal prices stripped their profits a...

November 1, 2016, Tuesday

Oil price up in China from today

FUEL prices are lifted up echoing the rebound of global crude, the National Development and Reform Commission announced yesterday. It costs about 14.5 yuan (US$2.2) more to fuel a private car today, ...

October 20, 2016, Thursday

China to cap annual rare earth mining

CHINA said yesterday that it will limit its annual mining of rare earth to 140,000 tons by 2020 in its latest attempt to overhaul the sector and ensure its sound development. The government will continue ...

October 19, 2016, Wednesday

Push to increase Asian voice in gold pricing

CHINA is marketing its yuan gold price to foreign exchanges and Singapore is looking at bringing London’s gold benchmark to users in Asia, in moves meant to boost the region’s exposure and influence in ...

October 18, 2016, Tuesday