Michele Kearney's Nuclear Wire

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

Monday, August 27, 2012

China Energy Update 8/27



 
China Refiners to Cast Abroad as Price Curbs Hit Profit: Energy
Businessweek
China Petroleum & Chemical Corp. (386), Asia's largest refiner, and rival PetroChina Co. (857) are poised to seek assets overseas to diversify as domestic earnings are depressed by state-controlled prices for processed fuels. Refining losses resulted ...
China Shenhua Energy says room for coal prices to rebound in H2
Reuters
HONG KONG Aug 27 (Reuters) - China Shenhua Energy , the country's largest coal producer that also owns power plants, railways and ports, said on Monday that coal prices have room to rebound in the second half of the year as inventories fall.
Mitt's Meaningless Campaign for Energy Independence
Huffington Post (blog)
In 2035, China's energy demand is 68 percent higher than U.S. energy demand." In 1990 we used over three times as much energy as China and nine times as much energy as India. China now consumes more energy than the United States. World energy ...
China Refiners to Cast Abroad as Price Curbs Hit Profit: Energy
Bloomberg
China's state oil companies have spent more than $100 billion on assets over the past decade to supply the world's largest energy importer. Sinopec lost 9.3 percent in Hong Kong trading this year through today, while PetroChina fell 1.8 percent ...
Research and Markets: Energy and Electricity Report China 2nd Quarter ...
The Herald | HeraldOnline.com
Research and Markets: Energy and Electricity Report China 2nd Quarter - Energy Demand Soaring as Result of Three Decades of Strong Economic Growth. Published: August 27, 2012 Updated 10 minutes ago. 2012-08-27T11:40:39Z. Tweet · 0 Comments ...
Australia's Sino Gas and Energy begins drilling CBM wells in China
Platts
Australian-listed Sino Gas and Energy said Monday that the first wells in the 2012 work program at the Linxing coalbed methane block in China's Shanxi province have been drilled. The company said drilling rigs have been mobilized to Linxing and the ...
Shenhua Energy President: China Domestic Coal Prices May Rebound in 2nd Half
Fox Business
Shenhua Energy President: China Domestic Coal Prices May Rebound in 2nd Half. Published August 27, 2012. Dow Jones Newswires. China's domestic prices may rebound in the second half, China Shenhua Energy Co. (1088.HK) President Ling Wen told ...
JinkoSolar Wins Contract to Supply China Guangdong Nuclear with 30 MW of ...
Equities.com
Solar Energy Development Co., Ltd. of China Guangdong Nuclear Power Group (CGN SEDC), was established in August 27, 2009. As a wholly-owned subsidiary of China Guangdong Nuclear Power Group, CGN SEDC focuses on solar power investment, ...
China Shenhua profit up 17 percent on coal demand
Businessweek
BEIJING (AP) — China Shenhua Energy Co., the country's biggest coal producer, says its first-half profit rose 17 percent on strong sales despite a weakening economy. China Shenhua said it earned 26.7 billion yuan ($4.2 billion), or 1.34 yuan (21 U.S ...

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