Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, July 26, 2012

China Energy Update 7/26


China Buys Canadian Energy: Lessons for the US
Heritage.org
China cannot simply be cut off from accessing international oil or the technology associated with it. In addition, China's high valuation of Canadian energy is at odds with the recent American decision to inhibit the development of the U.S.–Canada energy ...
China Closer To New Nuclear Construction Starts
Seeking Alpha
China might be getting closer to moving ahead with its new nuclear power projects, suspended last year in the wake of the Fukushima nuclear disaster in Japan. This was suggested last week by the former Director of the China National Energy Administration ...
EU ProSun, the new Sustainable Solar Energy Initiative for Europe Calls on the ...
MarketWatch (press release)
This strategic industry for Europe's future is being decimated by unfair competition from China leading to layoffs, and one major European solar bankruptcy every month. Unless the EU takes action, there will no longer be any manufacturing or R&D solar jobs ...
China-Europe Relations Tested in Solar Dispute
Wall Street Journal
Yingli Green Energy Holdings Co., Suntech Power Holdings Co., Trina Solar Ltd. and Canadian Solar Inc. said in a joint statement that an investigation into dumping allegations could trigger a trade war between China and the EU, "which would cause huge ...
China's Oil Demand Declines in June for First Time in Three Years
LoanSafe
“Oil demand had a slight increase in the first half, and the one-month drop cannot show the whole picture of national demand in the long run,” said Li Li, senior information manager at energy consultancy ICIS C1 Energy. According to Platts, China's average ...
ERA uranium hopes rest on China
The Australian
URANIUM miner Energy Resources of Australia is pinning its chances of returning to profitability on a medium-term China-led surge in demand for the nuclear fuel. But post-Fukushima uncertainty in Japan meant the uranium market -- in which spot prices had ...
Energy: Brent oil inched up after China's PMI data
Forexrazor
Energy: Brent oil inched up after China's PMI data. Precious Metals: Silver slipped on demand uncertai... @ 4:05 AM, Thursday July 26 2012. Precious Metals: Silver slipped on demand uncertainty Precious metals except for gold declined on... For more ...
US congressman says no legal power to stop China-Canada oil deal
Reuters
In his view, the CNOOC-Nexen deal would seal up Canadian energy resources that the United States could use, and give China access to offshore drilling leases in the Gulf of Mexico. "We're allowing China to be right off our coast, essentially, taking energy ...
A Chinese oil firm in Canada
The Economist
This week further evidence emerged that if America isn't interested in Canada's mucky tar sands, China is. On July 23rd CNOOC, a Chinese state-owned oil giant, announced it had reached a $15 billion deal to buy Nexen, a Canadian energy firm with big ...

China Burns up the Clean Energy Race | SierraActivist
By State of the Planet
Although China dominates in the race to be the leading global manufacturer of clean renewable energy, they are not necessarily doing the most for the environment. China, consistently pushing the clean energy market towards an economic ...
SierraActivist
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