Chinas five power giants, including China Huaneng Group and China Huadian Corp. among others, are mulling over natural gas-fueled power plant projects in Tianjin. By the end of 2015, there would be no less than five natural gas-fueled power......【More】
2013-03-15As Chinas economy rapidly grows, the energy sector faces two major challenges: an imbalance of supply and demand and a lack of distribution and transmission infrastructure. As by far the largest wind power market in the world (with 63 GW in......【More】
2013-03-14ICELANDS long-isolated existence was broken by World War II and the Cold War when its strategic location at the gateway to the North Atlantic and the Arctic were key to the defense of NATO and the United States. But with the disintegration......【More】
2013-03-14The first India-China joint venture in Australia, Riverina Oils and Bio Energy Pty Ltd (ROBE), has developed a 170,000-tonne oilseed crushing and edible oil refining plant with an investment of A$150 million (around Rs 830 crore) in Wagga W......【More】
2013-03-13The two largest shareholders in the natural gas distributor China Gas Holdings have quietly raised their stake in the company, a week after China Gas said it has been in advanced talks to sell a stake to China Petroleum Chemical (Sinopec) a......【More】
2013-03-13Commercial production of shale gas could start in China within five years, but the country has to move fast to improve its extraction technology and lower the cost, executives from major participating companies said. The potential huge shal......【More】
2013-03-12But bottlenecks in availability and fueling station scarcity Responding to rising fuel prices and pollution, more cars in China are converting to natural gas, yet current market conditions are a barrier to widespread use. Last month in Hefe......【More】
2013-03-11China is considering to make changes to its oil pricing mechanism by both shortening the price review period and removing the price fluctuation limitation of a basket of crudes used to adjust retail oil product prices, the official Xinhua n......【More】
2013-03-08The supertanker market will face a drop in ton-mile demand when the 440,000 b/d Myanmar-China crude oil pipeline starts operations in June, inflicting more pain on a sector saddled by chronic tonnage glut and lower earnings, shipping analys......【More】
2013-03-08Oil rose to $111 a barrel on Tuesday, bucking a five-day losing streak, as the North Sea Brent pipeline remained closed for a third day and investors bet on strong Chinese oil demand. Gains were limited, however, by medium-term concerns suc......【More】
2013-03-07