China cuts gasoline, diesel prices

2010-05-31 17:32:20

China's gasoline prices will be cut by 230 yuan ($33.7) per tonne and diesel prices by 220 yuan per tonne from Tuesday, the National Development and Reform Commission (NDRC) announced Monday.

China clean energy goal will require hydro projects

2010-05-31 16:28:45

China must starts building big hydropower projects soon, or fail the clean energy development targets for 2020, China's top energy official said, supporting industry calls for fast project approvals

Cougar Energy advances coal gasification deal in China

2010-05-31 16:01:26

Australia-based company, Cougar Energy Ltd has advanced a deal with a Chinese firm today to cooperatively develop an underground coal gasification (UCG) project in the Inner Mongolia autonomous region of China.

Goldwind in $1.2b HK IPO: sources

2010-05-31 14:46:29

Goldwind, which is already listed on the mainland's Shenzhen stock exchange, would offer 395.29 million shares, or 15 percent of its enlarged share capital, with an indicative price range of between HK$19.80 ($2.54) and HK$23, the sources said today.

PetroChina takes top spot on FT 500 list

2010-05-31 11:45:37

PetroChina has overtaken Exxon Mobil to rank first in the latest Financial Times annual list of the world's 500 most valuable listed companies.

China gets tougher about protecting environment

2010-05-29 11:56:36

Provincial governments and key enterprises which fail to realize the year's missions in environmental protection and emission cut will be punished as the Chinese central government is taking a tougher stance towards improving the country's environment.

E China province forecasts power shortages in summer

2010-05-28 15:44:35

Dwindling coal supplies have prompted eastern China's Anhui province to activate an emergency plan ahead of schedule, limiting electricity use by more than 5,000 local enterprises at peak times to allow residents to have supply.

PetroChina to be ABC strategic investor

2010-05-28 14:00:29

Agricultural Bank of China is set to bring on board PetroChina, the country's biggest oil and gas producer, as one of its strategic investors for its long-awaited initial public offering, local media reported.

New-energy car plan to be tested in 5 cities

2010-05-28 13:40:15

The long-awaited stimulus plan for private purchases of new-energy vehicles is slated to come out by the end of May, and the plan will be tested in five cities, rather than nationwide, the Shanghai Securities News reported Friday.

China may see fuel surplus next year, PetroChina says

2010-05-27 13:48:05

China, the world's second-biggest energy user, may face a surplus of fuel including diesel next year as refiners add oil-processing capacity. China's refining capacity may rise 50%, Sinopec says

China to launch first biofuel flight

2010-05-27 09:49:16

China will launch its first flight using aviation biofuel this year after signing an agreement with US aviation giant Boeing on Wednesday.

China solar to raise HK$300m from Guangdong Rising

2010-05-27 17:47:55

China Solar Energy Holdings Ltd said it plans to raise HK$300 million from the sale of 2.18 billion shares to state-owned Guangdong Rising Nonferrous Metals Group Co.