Wednesday, August 15, 2012

China Energy Update 8/15


China's Sinopec eyes stake in Texas power project -report
Reuters
China's strong interest in North American energy assets, particularly CNOOC's recent $15.1 billion bid for Canada's Nexen , has raised alarm bells among a handful of U.S. lawmakers who fear America's national security interests could be undermined.
China's Sinopec Pursues Big Energy Deal in Texas
Wall Street Journal
China Petrochemical Corp., known as Sinopec, together with Chinese banks are in talks to acquire an equity stake in and provide financing to the roughly $2.5 billion Texas Clean Energy Project, said people familiar with negotiations. [image]. Such a ...

Wall Street Journal
Hong Kong stocks drop; CLP falls, StanChart rises
MarketWatch
HONG KONG (MarketWatch) -- Hong Kong shares fell early Wednesday on concerns about Greece and as investors scaled back hopes for monetary stimulus from China, with mainland insurers and resource stocks among those declining while Standard ...
US Energy Policy Same as Communist China
Energy and Capital
As one who can smell a bureaucratic rat from a mile away, I'm not even a little surprised to find out that Paul Ryan lobbied the Department of Energy for tens of millions of dollars in stimulus grants for energy initiatives – and did so while blasting ...
China's Sinopec eyes stake in Texas power project: report
Reuters
That compares to $16.3 billion last year and $23.4 billion in 2010. China's strong interest in North American energy assets, particularly CNOOC's recent $15.1 billion bid for Canada's Nexen (NXY.TO), has raised alarm bells among a handful of U.S ...
CHINA SHENHUA ENERGY COMPANY LIMITED : China Shares End at Lowest ...
4-traders
China Shenhua Energy Co. was down 1.6% to CNY22.18, China Coal Energy lost 1.5% to CNY7.49 and Yanzhou Coal Mining fell 1.5% to CNY18.59. Earnings worries and waning hopes for regulatory reform to boost the brokerage and insurance sectors ...
Kazakhstan expands gas capacity to China
Asia Times Online
In combination, these developments (alongside planned oil exports) confer to Kazakhstan a major role in China's energy security calculations. Kazakhstan is currently transiting Turkmenistani gas to China at an annual rate that should approach 30 ...
Energy Business Review: Petrobras Claims SIGNIFICANT Discovery, Shell ...
Wall St. Cheat Sheet
B) announces a Thursday ground-breaking for its $100 million lubricant blending plant in northern China, as it works to meet growing a demand for lubricants in Asia. The facility will start commercial production in early 2015 with a yearly output of ...

 Fuel Fix » China And Its North American Energy Ambitions
By Matt Smith
China's first manned outing into space hasn't been the only mission the country has been focused on recently. There has been an almost surgical focus by China on foreign acquisitions in the energy space, taken one giant step further by the ...
Fuel Fix


 Obstacles hurting Canada-China energy investment: official study ...
Unclear investment rules are hampering trade between Canada and China, a study by officials from both countries said on Wednesday, just three weeks after CNOOC Ltd offered $15.1-billion for Canada's Nexen Inc.
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