Wednesday, May 23, 2012

China Energy Update 5/23


China to boost energy private investment to bolster economy
Reuters
By Pete Sweeney and Langi Chiang | SHANGHAI/BEIJING (Reuters) - China signaled on Wednesday it wanted to ramp up private investment in its energy sector, in line with recently unveiled government plans to fast-track infrastructure investment to help ...
Iran's Ahmadinejad to visit as China slams new sanctions
Reuters
* Iran president to attend security summit in China, to meet Hu Jintao * Chinese diplomat repeats opposition to unilateral sanctions against Iran * China has close energy ties with Iran, but has cut back oil purchases (Recasts, adds details and comment ...
Sino Clean Energy cuts FY sales outlook on plant closure
Reuters
May 23 (Reuters) - China-based Sino Clean Energy Inc lowered its outlook for full-year revenue after suspending production at its Dongguan plant in China to comply with a court order. The coal-water slurry fuel (CWSF) producer cut its annual sales ...
Far East Energy Announces Amendment To Bridge Facility Agreement
MarketWatch (press release)
Commenting on the amendment, Michael R. McElwrath, CEO and President of Far East Energy, stated: "We believe that this extension provides us with runway to continue to work with China United Coalbed Methane Corporation (CUCBM), our Chinese partner, ...
China's Cabinet promises to boost economy
The Seattle Times
China's Cabinet promised Wednesday to step up efforts to reverse a steep slowdown in the world's second-largest economy and said it would encourage private investment in energy and other state-dominated industries. By JOE McDONALD AP Business Writer No ...
The Solar Trade Balance in the Tariff Debate
Huffington Post (blog)
According to research by the Solar Energy Industries Association, the US was found to have a $1.88 billion surplus in solar goods in 2010. The US was a net exporter to China by $240 million. While China may supply most of the panels, the argument goes, ...
Tariffs Create Storm Clouds Over Solar Stocks
Minyanville.com
Solar prices are down 50% from a few years ago.รก While some cost efficiencies are partly attributable to falling prices, subsidies from China are not the problem; lower cost energy alternatives are driving the market. The only bright spot I see in ...
China's Cabinet vows stepped up effort to reverse economic slowdown, encourage ...
Washington Post
BEIJING — China's Cabinet promised Wednesday to step up efforts to reverse a steep slowdown in the world's second-largest economy and said it would encourage private investment in energy and other state-dominated industries.
China criticises Iran nuclear sanctions ahead of Ahmadinejad visit
The Guardian
Iran is under persistent pressure to curb its nuclear programme and its security council chief is due to hold talks in Iraq on Wednesday with six world powers: the US, Britain, France, Russia, China and Germany. The International Atomic Energy Agency ...
  Energy brings wealth to west China|Industries|chinadaily.com.cn
A national energy transmission network aiming to bring electricity, oil and coal to coastal areas is also bringing benefits to counties in western China.
www.chinadaily.com.cn/bizchina/.../content_15346624.htm
Renewable Energy Trade Disputes: U.S.-China Update
The US Department of Commerce placed tariffs on solar photovoltaic (solar PV) imports from China for the second time this year in response to dumping claims.
blogs.worldwatch.org/.../renewable-energy-trade-disputes-u-s-...
   

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