Nuclear power project approved in S China
2010-07-19 16:26:04
China's National Development and Reform Commission (NDRC) on July 15 approved the construction of the first phase of Fangchenggang nuclear power plant project in southern China's Guangxi province.
Scramble to contain oil pipeline spill in Dalian
2010-07-19 11:53:29
Workers rushed to contain an oil spill covering up to 50 square kilometers from seeping further into the Yellow Sea on Sunday, two days after an explosion at an oil storage port in Dalian, Liaoning province.
CNPC begins work on Xinjiang projects
2010-07-15 09:47:00
China National Petroleum Corp (CNPC) on Tuesday started work on two projects in Xinjiang Uygur autonomous region, in line with the central government's plan to boost development of the region.
Huadian to acquire Heilongjiang power company
2010-07-15 09:38:48
Huadian Energy Co plans to pay 389.4 million yuan to acquire a Chinese power company in the Heilongjiang from Qiqihaer Xinbao Heating & Power Co and Singapore-based Asia Power Corporation Ltd, according to a statement to the Shanghai Stock Exchange.
Arrow OKs $3.1b Shell-PetroChina takeover
2010-07-14 16:40:12
Arrow Energy Ltd shareholders approved a A$3.5 billion ($3.1 billion) takeover by Royal Dutch Shell Plc and PetroChina Co, giving the buyers reserves to feed an Australian liquefied natural gas venture.
China's June power use growth slows
2010-07-14 10:50:06
China's power consumption rose at a slower pace last month because of weakening demand from heavy industries.
Sinopec, Marubeni join hands for petrochem projects
2010-07-14 09:59:43
Asia's largest refiner Sinopec Corp has formed an alliance with Japanese trading company Marubeni Corp for overseas energy and petrochemical projects in regions like South America and Africa.
Shell, PetroChina nodded for Arrow bid
2010-07-13 10:19:51
Royal Dutch Shell Plc and PetroChina Co have been given approval from the Chinese government for their A$3.4 billion acquisition of Australian coal-seam gas company Arrow Energy Ltd, the Australian Financial Review reported citing an unidentified PetroChina spokesman.
CNPC, BP to increase output at Rumaila oil
2010-07-12 14:14:42
China National Petroleum Corp, BP Plc and a local partner may increase production at Rumaila, Iraq's biggest oilfield, by 14 percent by the year-end after assuming full management of the block this month.
Inner Mongolia to produce one-fourth of China's coal by 2015
2010-07-10 16:31:48
North China's Inner Mongolia autonomous region will increase it coal-producing capacity to 1 billion tons in 2015, one-fourth of the country's total, local authorities said Saturday.
3 Chinese firms break Fortune 500's top 10
2010-07-09 15:41:52
Sinopec and two other energy conglomerates, the State Grid and China National Petroleum, made it to the top 10 of this year's Fortune 500 list. Sinopec is China's largest refiner.
Yingli's $5.3b loan may help China double global solar panel supply
2010-07-09 11:28:25
China may double the world's capacity for making solar panels by loaning Yingli Green Energy Holding Co 36 billion yuan ($5.3 billion) to expand production, a Bloomberg New Energy Finance analyst said.