Saturday, June 9, 2012

China Energy Update 6/9

Pro/con: Are US energy policies forcing Canada into trading with China?
Duluth News Tribune
US energy policies — specifically President Obama's delay of a decision pending further environmental-impact study for a part of the Keystone Pipeline — are pushing Canada into a closer trading relationship with China. Just ask Canadian Prime ...
China's Hu Jintao Stresses Negotiated Solution to Iran-West N. Impasse
Fars News Agency
Ahmadinejad pointed out that Iran and China are both ancient civilizations, linked by the centuries-old Silk Road. "Iran would like to strengthen its friendly ties with China, expand cooperation in the fields of trade, energy, agriculture and ...

Fars News Agency
CANADA STOCKS-China growth worry hits commodity-heavy TSX
Reuters
* TSX down 91.49, or 0.79 pct, at 11500.63 * Energy, financial shares hurt by growth fears * China rate cut seen foreshadowing soft data By Cameron French TORONTO, June 8 (Reuters) - Canada's main stock index fell on Friday, diverging from rising US ...
China's Hu urges Iran to be 'flexible'
The News International
The UN's International Atomic Energy Agency (IAEA) will urge Iran in talks on Friday to allow it access to sites where Tehran is suspected of working on an atomic bomb, particularly a military base near the capital. China hopes Iran can “take a ...
Oil price slips on weak economy
The Associated Press
One of the chief reasons for the recent drop in global oil prices is the change in the growth prospects in China. Judith Dwarkin, Chief Energy Economist at ITG Investment Research, said China is expected to account for half of the overall growth in ...
China cuts fuel prices to fight slowdown
People's Daily Online
By Zhou Yan (China Daily) Gasoline and diesel prices have been cut for the second time in a month amid growing government efforts to reverse a sharp slowdown in the economy. The reduction came after an interest rate cut on Thursday — the country's ...
Duke, Progress Energy clear merger hurdle
KEYC TV
After more than year of wrangling over competition concerns, federal regulators have cleared Duke Energy's proposed takeover of Progress Energy, a deal that will create the nation's largest electric utility. China's auto market revved to life in May ...
NYMEX-Crude down on Europe woes, fading Fed hopes
Reuters
The US trade deficit narrowed 4.9 percent in April as slower growth in Europe and China bit into exports and the soft US economy clipped import demand, a Commerce Department report showed. [ID: nnL1E8H83G] * Hedge funds and other big investors ...
China's Evolving Sustainability Effort
The Atlantic
China has a triple incentive to become a "green superpower": environmental problems, growing energy needs,and a desire to underpin its leadership of the globe with a powerful green tech sector. China meets most of its energy demands by burning ...

The Atlantic
Report: China plans manned space launch this month
WBXH
More >> By The Associated Press The Associated Press-NORC Center Poll on Americans' energy priorities was conducted from March 29 to April 15 by the AP-NORC Center for Public Affairs Research. It is based on...More >> By The Associated Press The ...

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