Imports set to soar on China-Peru FTA

2010-03-02 11:07:46

China's imports of resource-related products from Peru, especially copper and iron ore, will see faster growth this year thanks to the China-Peru Free Trade Agreement (FTA) which came into effect on Monday. 

Green energy program drafted

2010-03-02 09:34:17

The government has formulated a 10-year program under which clean energy will account for 15 percent of the total consumption mix by 2020, a top official has revealed. Energy chief also conservationist, poet

China needs more hydropower projects to fight climate change: lawmaker

2010-03-01 15:09:00

China should build more large hydropower projects so it can live up to its promise to the international community.

China runs first sugarcane-leaf power plant

2010-03-01 15:00:34

China's first power plant using sugarcane leaves has been put into operation in south China's Guangxi Zhuang autonomous region.

China oil company inks gas exploration deal with Thailand

2010-02-26 15:07:50

A State-owned oil company from Northwest China's Shaanxi province has inked a deal with Thailand to explore for natural gas in parts of the Khorat Basin, an oil-rich region 280 kilometers from Bangkok.

China's energy efficiency improved in 2009: report

2010-02-26 09:25:54

China's energy consumption per 10,000 yuan (about $1464.1) of gross domestic product (GDP) dropped 2.2 percent in 2009, China's National Bureau of Statistics (NBS) said here Thursday.

Woodside Petroleum still in LNG talks with PetroChina

2010-02-26 09:14:25

Woodside Petroleum Ltd remains in talks to sell PetroChina Co liquefied natural gas from the $30 billion Browse project off Australia, after an initial supply agreement lapsed, Chief Executive Officer Don Voelte said.

Gas stockpile to avert shortages

2010-02-26 09:06:05

China National Petroleum Corp (CNPC), the country's largest oil and gas producer, plans to build 10 natural gas storage facilities between 2011 and 2015 to stockpile the fuel in the face of rising demand, said a company executive.

China energy intensity fell 2.2% in 2009

2010-02-25 13:51:09

China's energy use in generating each dollar of gross domestic product fell 2.2 percent in 2009, the National Bureau of Statistics said on Thursday.

Oil pricing mechanism may see some tweaks

2010-02-24 09:46:25

The oil pricing mechanism adopted in 2009 is likely to see some adjustments this year to make it better reflect international crude price fluctuations, said analysts.

CNPC, Sinopec push up oil prices to cut stockpiles - report

2010-02-23 18:10:30

China National Petroleum Corp (CNPC) and China Petroleum & Chemical Corporation (Sinopec), the country's leading oil and gas producers, began to heat up wholesale prices of refined oil following the rebound of crude oil prices in the international marketplace.

China becomes a net coal importer in 2009

2010-02-23 13:33:36

China's net import volume of coal surged to 103 million tons in 2009, the first time for the country to become a net importer of its staple fuel.