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Shanghai Daily,上海日报
Latest news:


Cut in coal supply to continue this year

China will continue to cut coal supply in 2017 as “demand keeps falling” and it hopes that the reduction will help stabilize prices, the China National Coal Association said yesterday. China will trim ...

February 22, 2017, Wednesday

CNPC gets 8% share of UAE oil concession

THE China National Petroleum Corporation yesterday secured an 8 percent share in an onshore oil concession in Abu Dhabi in a deal worth US$1.77 billion, the Emirati company said. The Chinese giant signed ...

February 20, 2017, Monday

Here comes the sun

Solar panel in Qinhuangdao, Hebei Province yesterday. As of the end of last year, the renewable energy capacity in the northern part of Hebei reached about 12,810 megawatts, 51 percent of the total capacity in the area. ...

February 13, 2017, Monday

IEA: OPEC nations obey cut in output deal

OPEC countries are largely complying with a landmark deal to reduce the global oil glut, the IEA said yesterday, as it predicted that oil demand was likely to be more vigorous than anticipated this year. In ...

February 11, 2017, Saturday

Profit outlook of oil and gas sector weak

MORE than three quarters of Chinese oil and gas executives do not expect profit growth in the industry this year amid an ongoing restructuring in state-owned giants and low oil prices denting the industry, ...

February 8, 2017, Wednesday

State Grid seals Brazil power stake

CHINA’S State Grid has concluded a deal to buy a majority stake in Brazil’s electricity giant CPFL for 14.19 billion reals (US$4.5 billion), the utility provider said in a statement yesterday. The deal ...

January 25, 2017, Wednesday

Oil ministers make progress on output cut deal

ENERGY ministers from OPEC and non-OPEC countries meeting in Vienna yesterday have struck a positive note regarding their agreement to cut oil output as a committee set to monitor compliance with the ...

January 23, 2017, Monday

China sets oil, gas supply goals by 2020

China will cut the output of oil by 2020 and boost the domestic market for natural gas, the National Development and Reform Commission said. The domestic annual production of oil is set to be around ...

January 20, 2017, Friday

China vows to deepen energy reform

China will deepen reforms in the energy industry to improve energy consumption structure and cut carbon emissions in the years through 2020, the National Development and Reform Commission said yesterd...

January 18, 2017, Wednesday

Rare earth firm sees profit fall

CHINA Northern Rare Earth (Group) High-tech Co Ltd, the country’s largest rare earth miner and producer, expected its net profits to plunge in 2016 as demand sagged, prices faltered while production costs ...

January 16, 2017, Monday


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