Michele Kearney's Nuclear Wire

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

Monday, September 17, 2012

China Energy Update 9/19


UK Stocks Decline as Ophir Energy Retreats
Businessweek
U.K. stocks declined, following a two-day rally, on deepening concern that the economic slowdown in China will worsen. Ophir Energy Plc (OPHR) tumbled 5.2 percent after newspapers reported that the board of Tanzania Petroleum Development Corp. has to ...
Conoco to Foray into China Shale Gas - Analyst Blog
NASDAQ
China plans to auction at least 17 shale gas blocks in the coming weeks and attempts to entice the U.S energy majors to forge partnerships with Chinese energy companies. U.S. major companies like ConocoPhillips and Chesapeake Energy Corp.
Shell's massive investment in China
MSN Money
One of the world's biggest energy companies, Royal Dutch Shell (RDS.A) is planning to invest $1 billion per year in China's massive shale gas reserves. This natural gas, which has long been considered uneconomical to produce, has in the last decade ...
How green can China be?
Bangkok Post
No other country is investing as heavily in clean energy as China these days, but at the same time no other country burns as much coal to fuel its economy. So how green will China actually become? That is the question posed by a new report on China's ...

Bangkok Post
China Energy and China Ground to boost mainland sales after stake deal
South China Morning Post (subscription)
State-owned China Energy Conservation and Environmental Protection, which bought 29.2 per cent of China Ground Source Energy last month, says it will use its customer network to help the building heating system provider boost sales on the mainland.
PV Installations On Chinese Agricultural Land Set To Soar
Solar Industry
An increasing number of PV project developers in central and eastern China are now prioritizing these new opportunities, especially in the provinces of Xinjiang, Hunan and Hubei. The China Energy Conservation and Environmental Protection Group ...
Obama takes on China as Romney shifts strategy
WZVN-TV
Romney went over the five steps of his plan that he says will create 12 million new jobs - achieve energy independence, give every child a quality education, reach new trade agreements while cracking down on countries that break the rules, cut the ...
The Close Tie Between Energy Consumption, Employment, and Recession
Business Insider
Energy consumption for the “Rest of the World” has been increasing amazingly rapidly since 2002. The rest of the world includes China, India, Bangladesh, and many small countries, plus oil exporters, such as Saudi Arabia and Mexico.

Conoco to Foray into China Shale Gas - Analyst Blog

NASDAQ -
Texas-based energy major ConocoPhillips ( COP ) is all set to enter the Chinese market, with a special focus on the shale sector. ConocoPhillips' effort of boosting commercial shale gas output in China will assist the country in meeting its targeted shale gas ...

Shell spells out China growth fears

The Australian Financial Review -
The Chinese economy could be in worse shape than official figures suggest, threatening demand for Australia's resources at the same time as increasing international competition and rising costs spell trouble for this nation's fledgling gas boom, says one of ...

Weak Chinese demand underlines growth fears: Shell

Business Spectator -
A downbeat reading of the Chinese economy from one of Royal Dutch Shell's top executives suggests the country's performance could be worse than indicated by official figures and spell trouble for Australia's resources sector. According to a report by The ...

What is the Future for China's Coal Industry

OilPrice.com -
In this run-up to the election, the American Energy future seems to have faded into the quiet background. Gone are the concerns of past years, as both parties seem to have bought into the idea that the nation is well on track toward a much reduced need to ...

China Coal Energy produces 8.86 mil mt coal in Aug, down 2.1% on month

Platts -
China Coal Energy produces 8.86 mil mt coal in Aug, down 2.1% on month. Huaihua, Hunan (Platts)--17Sep2012/430 am EDT/830 GMT. China Coal Energy Co., the listed subsidiary of China National Coal Group, produced 8.86 million mt of coal in August, ...

Energy Industry Expo opens in NW China CCTV News - CNTV English
The Fourth China (Taiyuan) International Energy Industry Expo kicked off Sunday in Taiyuan, capital of coal-rich Shanxi Province, to discuss the latest trends in ...
english.cntv.cn/20120916/102491.shtml
China's Energy Agenda | BERC
China's Energy Agenda: Obstacle or opportunity for the US? In the global energy industry, China has become a critical driver that is essential for any significant ...
berc.berkeley.edu/panels/chinas-energy-agenda/

Arab oil firms go prospecting in Chinese market

China Daily -
An oil equipment company, affiliated with the Shengli Oilfield in China, attending an oil and natural gas expo in Riyadh, Saudi Arabia. Officials from China and the Arab League said they are stepping up cooperation in the energy sector. Li Zhen / Xinhua ...

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