China Energy Update 6/4

China's Easing Grip on Gas Opening Door to North America Exports BusinessWeek While China seeks to boost the use of cleaner fuels such as gas, retail price caps are discouraging energy companies from increasing supplies because they have to pay international rates and sell at a loss on the domestic market.

China to Subsidize Purchases of Energy-Saving Appliances: MOF Bloomberg China is offering subsidies of as much as 400 yuan ($63) per unit to buyers of energy-saving water heaters, refrigerators and washing machines, the Ministry of Finance said in a statement today. The plan will use “explicit fiscal subsidies” to promote ...

Ballard To Trial Clean Energy Fuel Cell Backup Power Systems In China Mobile ... MarketWatch (press release) Installation in various locations throughout China - including Beijing, Shanghai, Shenzhen and Xinjiang - as well as custom integration and local technical support will be provided by Azure Hydrogen Energy Science and Technology Corporation (Azure), ...

Gushan Environmental Energy Limited Announces First Quarter 2012 Financial Results MarketWatch (press release) NEW YORK, June 4, 2012 /PRNewswire via COMTEX/ -- Gushan Environmental Energy Limited ("Gushan" or the "Company"; NYSE: GU), a manufacturer of copper products and a producer of biodiesel in China, today announced its unaudited consolidated financial ...

Sutor Successfully Developed Self-cleaning PPGI Products for the Solar Energy ... MarketWatch (press release) Ms. Lifang Chen, Chairwoman and CEO of Sutor, commented, "The introduction of the self-cleaning PPGI steel plate for the solar energy industry demonstrates our ability to produce high-end products to meet the needs of industry upgrading in China.

Crude Fluctuates on Economic Concern, Strengthening Euro Bloomberg “Everyone knows there are problems in Europe, but when you start getting weak economic data in the US and China consistently, that's definitely keeping the market nervous,” said Jacob Correll, a commodity analyst at Summit Energy Inc. in Louisville, ...

Mintz Levin's Energy and Clean Technology Practice Represents GreatPoint ... MarketWatch (press release) BOSTON, Jun 04, 2012 (BUSINESS WIRE) -- Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, PC is pleased to announce that its Energy and Clean Technology Practice represented GreatPoint Energy in its landmark transaction with China-based Wanxiang Holdings.

China says it's not protecting Syria's Assad KCAU A federal appeals court has ordered the reinstatement of a lawsuit accusing Duke Energy Corp. of paying kickbacks to Cincinnati-area companies to win their support for a 2004 electricity rate hike.More>> A federal appeals court has ordered the ... China Nuclear Approvals Move Closer Eurasia Review - ‎ China took a step towards full resumption of its nuclear power program with preliminary approval for a post-Fukushima nuclear safety plan. In a meeting May 31 chaired by Premier Wen Jiabao, the State Council discussed a 'Safety Plan' and a set of ... China to pursue new nuclear plants? United Press International, Asia - ‎ BEIJING, June 4 (UPI) -- China is taking steps to revive its nuclear power sector, which was essentially put on hold after Japan's Fukushima nuclear crisis. After the Japanese Fukushima nuclear power plant was knocked out by last year's March 11 ...