China lifts fuel prices by 4% Wednesday

2009-09-01 21:26:33

China announced Tuesday that it will raise the benchmark retailing prices of gasoline and diesel by about 4 percent as of Sept 2.

Oil drops nearly 4% on China economy fears

2009-09-01 07:08:55

Oil prices fell nearly 4 percent to below $70 a barrel on Monday as fear of a curb in Chinese bank lending dented optimism about the pace of economic recovery and a potential rebound in global energy demand.

Athabasca to sell oilsand stake to PetroChina

2009-09-01 09:41:18

Canada's Athabasca Oil Sands Corp announced on Monday that it plans to sell a 60-percent working interest in its two oilsand projects to PetroChina.

Energy firms find wind at their back

2009-08-31 14:40:16

China's emphasis on wind energy is creating a new source of green for many American companies, as the country's wind capacity continues to advance with gale-force strength.

Large solar power project starts

2009-08-31 11:36:36

Construction of a large solar power project with an investment of $450 million was launched Saturday in Wuhan, capital of Hubei province in Central China.

Plastic bag ban saves 3m tons of oil a year

2009-08-30 11:24:56

China's limits on the use of plastic bags cut crude oil consumption by 3 million tons per year, according to the National Development and Reform Commission (NDRC).

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