Michele Kearney's Nuclear Wire

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

Wednesday, August 29, 2012

China Energy Update 8/29


China-owned CNOOC applies for Canadian government approval of Nexen $15 ...
Washington Post
TORONTO — Chinese energy giant CNOOC has filed its formal application for Canadian government approval of its $15 billion offer for Canadian oil and gas producer Nexen Inc. It would be China's biggest overseas energy acquisition. Canadian Industry ...
YPF CEO to reveal plans for Argentina's energy future after 100 days running ...
Washington Post
... investing the many billions of dollars necessary to develop the world's third-largest shale reserves, behind the U.S. and China. Galuccio's main challenge is that investors outside Argentina don't trust the government to keep its promises, says ...
Shell Gets Serious About China's Shale
Investorplace.com
That holds true for the energy sector as well. The nation continues to ramp up its energy requirements as society begins to modernize and become more consumer-based. China is one of the main reasons why so many firms in the U.S. are chomping at the bit ...
Yingli Green Energy Q2 Misses; Cuts Full Year Shipment View
Forbes
For the quarter, the China-based solar company reported revenue of $488.5 million, down 29.4% from a year ago, and slightly below the Street at $489.4 million. Yingli lost 58 cents a share in the quarter; Street consensus called for a loss of 33 cents.
China Widens Renewables Lead Over US in Ernst & Young Ranking
Businessweek
China widened its lead over the U.S. in a renewable energy ranking compiled by consultant Ernst & Young that gauges the attractiveness to investors of wind and solar power projects in those countries. The U.S., weighed down by “uncertainty over the ...
China announces new energy conservation initiative
Hydrogen Fuel News
Residents are adding to the problem by consuming massive amounts of energy, which is generated through the use of fossil-fuels. China has ambitious plans to make use of alternative energy, but must first address the problems being created through ...
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Yingli Green Energy Reports Second Quarter 2012 Results
The Herald | HeraldOnline.com
BAODING, China, Aug. 29, 2012 — /PRNewswire-Asia-FirstCall/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), a leading solar energy company and one of the world's largest vertically integrated ...
ZBB Energy (ZBB) Receives Additional Products Orders From Meineng Energy
iStockAnalyst
(NYSEAMEX:ZBB), a developer of renewable energy power platforms, said it has received a follow-on orders valued at greater than $600,000 from Meineng Energy, its joint venture company in China. ZBB plans to deliver the components for multiple ZBB ...
CNOOC adds offshore oil blocks
UPI.com
While the dispute in the South China Sea is a big deterrent to companies, the reserves are still attractive, says Kang Wu, a senior adviser on the China market at FACTS Global Energy, which assesses the demand for oil globally. "You have so many small ...
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