China Energy Update 8/6

Mellanox Awarded Best Interconnect Technology for Chinese Energy Industry MarketWatch (press release) ... of high-performance, end-to-end interconnect solutions for data center servers and storage systems, today announced its end-to-end InfiniBand solution was named by China Computerworld (CCW) Research as best interconnect solution for China's energy ...

Sinopec, ENN extend $2.2 bln offer for China Gas Reuters HONG KONG Aug 6 (Reuters) - Chinese oil giant Sinopec Corp and gas distributor ENN Energy Holdings are extending their $2.2 billion offer for China Gas Holdings again, this time by a month, as they seek regulatory approvals to proceed with Hong Kong's ...

Cnooc Shares Up on Unconventional Natural Gas Deal Wall Street Journal HK) shares rose as much as 3.3% in Hong Kong on Monday, buoyed by news that the blue-chip offshore oil producer signed a deal Friday to develop coalbed methane in China over the next three decades, as part of efforts to expand into alternative energy ...

Photo Release -- BPZ Energy and Wison Offshore & Marine Announce Sail ... MarketWatch (press release) The CX-15 platform was safely completed and successfully delivered to BPZ Energy at Wison Offshore & Marine's Nantong, China, fabrication facility in a record 11 months from contract signature and without a single lost time incident. Wison's scope included ...

Why China is Getting Their Feet Wet in the Oil Sands Consumer Energy Report In last week's Energy Trends Insider our featured stories were Why China is Dipping Their Feet in the Canadian Oil Sands, CNOOC's Purchase of Nexen May Signal New Wave of Consolidation, and Subscriber Questions on Lanzatech and Butanol.

CNOOC to Expand CBM Output in China - Analyst Blog NASDAQ Chinese energy giant CNOOC Ltd. ( CEO ) intends to enter the domestic unconventionals market as it inked a 9.93 billion yuan ($1.56 billion) deal with China United Coalbed Methane Corporation Ltd. - owned jointly by CNOOC's parent company, China ...

Canada embracing China's post-Keystone tar sands bid [The Washington Times] Equities.com China's state-run Chinese National Offshore Oil Corporation (CNOOC) has offered $15.1 billion for Nexen, a Canadian firm with extensive assets in the Alberta tar sands. It's CNOOC's second attempt to upgrade its presence in the North American energy ...

Hong Kong stocks up; Hang Seng Index above 20000 MarketWatch HONG KONG (MarketWatch) -- Hong Kong shares jumped Monday to begin a new week on a buoyant note as last week's upbeat U.S. jobs data lifted sentiment in global markets, helping the Hang Seng Index (HK:HSI) reclaim the 20000-point level.

China shakeout in latest race for shale gas MarketWatch It's no surprise that bidders include major, state-run energy companies such as China National Petroleum Corp. (CNPC) and Sinopec (NYSE:SNP) (SHA:CN:600028) , which won shale-gas rights in MLR's first, invitation-only tender in June 2010. And interest ... Chinese state media blast US over sea criticism Beijing (AFP) Aug 6, 2012 China's state-controlled media lashed out at the United States on Monday, accusing Washington of "trouble-making" over criticism of Beijing's claims to a wide swathe of the disputed South China Sea. China's ire was provoked by a US State Department statement Friday expressing concern over increased tensions in the area and criticising Beijing for establishing a new city and military garrison Oil down in Asia ahead of China trade data Singapore (AFP) Aug 6, 2012 Oil prices were down in Asia Monday with traders taking profits from a rally last week as they awaited the release of Chinese trade data later in the week, analysts said. New York's main contract, West Texas Intermediate (WTI) light sweet crude for delivery in September, fell five cents to $91.35 a barrel in the afternoon and Brent North Sea crude for September delivery shed 36 cents to $108