Michele Kearney's Nuclear Wire

Major News and Commentary Military and Civilian Nuclear Activities

Friday, June 8, 2012

China Energy Update 6/8

China slows overseas unconventional energy acquisitions
Reuters
By Charlie Zhu | KUALA LUMPUR (Reuters) - China's energy giants are slowing their purchases of overseas unconventional oil and gas assets following two years of aggressive investment, leaving the door open for Asian rivals to step up their game in ...
China-US Trade Tensions Rise as Renewable Energy Sags
Bloomberg
When solar-panel maker Solyndra LLC collapsed in September after winning a $535 million US loan guarantee, President Barack Obama's administration blamed China's even bigger aid for its renewable-energy industry. The China Development Bank Corp. in ...
China to cut fuel prices Saturday: C1 Energy
MarketWatch
By Wayne Ma BEIJING--China will cut gasoline and diesel prices June 9, energy consultancy C1 Energy said, citing sources from the country's two largest oil companies, PetroChina Co. (NYSE:PTR) and China Petroleum and Chemical Corp. (NYSE:SNP) .
Zardari seeks China's help over energy crisis
The Nation, Pakistan
BEIJING - President Asif Ali Zardari on Thursday called for greater Chinese investment in infrastructure development, particularly in mega energy projects, and proposed setting up of an Energy Fund for the ventures like hydro-power projects.

The Nation, Pakistan
China to cut fuel prices by 6 pct from Saturday - C1 Energy
Reuters
BEIJING, June 8 (Reuters) - China will cut gasoline retail price ceilings by 530 yuan ($83.30) a tonne and diesel by 510 yuan from Saturday, energy consultancy C1 Energy reported on Friday, citing sources with two state-oil firms and the government ...
China Set to Announce Steepest Fuel-Price Cut Since 2008
Bloomberg
Brent crude in London, a benchmark grade tracked by China's government, entered a so-called bear market on June 1 after sliding more than 20 percent from this year's high. The reduction forecast by C1 Energy on its website yesterday is equivalent to ...
New energy on spotlight
People's Daily Online
By Wang Xinyuan (Global Times) The strategy of seeking energy sources overseas would not guarantee China's energy security, and the development of new energy needs the participation of private investors, experts said yesterday at a business forum in ...
Zardari turns to China for help over Pak energy crisis
Rediff
During his recent visit to China Pakistan President Asif Ali Zardari [ Images ] proposed setiing up of an energy fund to finance projects in the country. B Raman reports Pakistan President Asif Ali Zardari was in Beijing [ Images ] from June 5-7 to ...

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