Michele Kearney's Nuclear Wire

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

Monday, September 24, 2012

China Energy Update 9/24

Synthesis Energy Systems Announces Closing of $8.7 Million Hongye Equity ...
Sacramento Bee
"Hongye has a strong presence in the coal industry in Inner Mongolia and is looking to expand its coal to chemicals and energy business there and elsewhere in China. This investment, in combination with SES' unique coal gasification technology ...
Energy Metals ships its first uranium to China
Creamer Media's Mining Weekly
PERTH (miningweekly.com) - ASX-listed Energy Metals has shipped its first uranium concentrates to China's CGNPC Uranium Resources Corporation (CGNPC-URC), under the natural uranium concentrate sales agreement, singed in December last year.
China to subsidize energy-saving computers
China Daily
BEIJING - In the latest government effort to conserve energy and boost domestic demand, China will provide subsidies to buyers of energy-saving desktop computers, the Ministry of Finance said Monday. Consumers will receive 260 yuan ($41.27) in ...
As China Sheds Central Planning, Obama Seeks To Adopt It
Forbes
In other speeches, he has alluded to what he seems to regard as a U.S.-China race to promote the use of “green” energy sources. Indeed, to win that race, the administration is spending large sums of taxpayer money and imposing strict mandates designed ...
China offers assurances on Nexen deal
UPI.com
OTTAWA, Sept. 24 (UPI) -- The Chinese ambassador to Canada deflected criticism that a CNOOC bid to takeover a Canadian energy company was a sign of things to come. Last week, shareholders at Nexen Inc., which has headquarters in Calgary, voted in ...
Honeywell's Methanol-to-Olefins Technology Licensed to Chinese Company ...
Azom.com
China is known to possess huge reserves of coal. The United States Energy Information Administration estimates China to account for almost 50% of the global coal production. This makes coal an attractive alternative for China to use as raw materials in ...
COLUMN-US, China climate standoff returns: Gerard Wynn
Reuters
But China is catching up: it now exceeds the United States in cumulative energy-related CO2 emissions over the past decade, from 2002-2011, at 64.5 billion tonnes compared with 62.9 billion, data from the oil company BP show. Another measure for ...
China and UK scientists team up to develop smart grids
E&T magazine
Energy scientists from the UK and China are developing green technology to improve the way national power grids distribute electricity. The investment in smart grids – with over £4m funded by the Engineering and Physical Sciences Research Council ...

Asia stocks down, China hits another low
MarketWatch
Energy firms were also weak, with China Petroleum & Chemical Corp. (HKG:HK:386) (NYSE:SNP) down 1.1% and PetroChina Co. (HKG:HK:857) (NYSE:PTR) lower by 1%. Japanese steel makers, also sensitive to the outlook in China, also lost ground ...
 CNC World - US-China Energy Summit
Chinese officials say expanding energy cooperation between China and the U.S. is not only conducive to the national interests of the two countries but also ...
www.cncworld.tv/.../27876_US-China_Energy_Summit___.sh...

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