China Energy Update 10/22

Energy Journal: China's Canadian Ambitions Stymied Wall Street Journal (blog) The Canadian government's refusal to allow a 5.18 billion Canadian dollar (US$5.21 billion) takeover offer by Malaysia's state-controlled Petronas for natural-gas producer Progress Energy Resources Corp. clouds Canada's approach to foreign investment ...

Peabody profit beats on cost cuts, China coal demand Reuters Prices have fallen about 20 percent in the first half of this year. Peabody shut a mine in Indiana last month, joining companies such as Alpha Natural Resources Inc (ANR.N), Walter Energy Inc (WLT.N) and Consol Energy Inc (CNX.N) in cutting production.

L&L Energy lays out coal expansion plans in China Businessweek SEATTLE (AP) — L&L Energy Inc., which mines and distributes coal in China, said on Monday that it expects to complete its purchase of two new mines in the next 30 days. The mines are the newly-built LuoZhou and LaShu mines in Guizhou Province in ...

Three Warning Signs America is Losing the Global Clean Energy Race Forbes The second warning sign is America losing the clean energy trade war with China. China is rapidly dominating the global clean energy market by spending lavishly on unfair subsidies and selling products at below-market prices. Earlier this year, the ... Forbes

Tidal-Turbine Maker Oceanflow in Talks on Europe, China Funding Businessweek Oceanflow Energy Ltd., a U.K. maker of turbines to generate power from tides, and adviser Turquoise International Ltd. are talking with engineering companies in Europe and utilities in China over possible investments. They are talking with European ...

Let's Make An Energy Deal: Seven And A Half Things To Know Huffington Post Canada's government this weekend rejected a $5 billion takeover bid of Progress Energy Resources by a Malaysia's state energy company Petronas, the WSJ writes. The news is a worry for China, whose state-owned Cnooc has made a $15 billion bid for ...

JinkoSolar and Three Gorges New Energy Sign Contract for 50-Megawatt Solar ... Sacramento Bee CTGNE is wholly-owned subsidiary of CTGC, which is one of the largest state-owned power corporations in China, with more than RMB300 billion in assets. CTGNE specializes in renewable energy investment and operations, including wind, solar, and ...

LDK Solar sells stake to China's Hen Rui Xin Businessweek (AP) — Chinese solar equipment maker LDK Solar is selling a stake in the company of about 20 percent to Hen Rui Xin Energy, a state-run Chinese company, for around $23 million. LDK Solar Co. said Monday that Hen Rui Xin is buying approximately 26.7 ... L&L to Finalize Acquisition of Two (2) New Mines, Expanding Coal Production MarketWatch (press release) - ‎ SEATTLE, Oct. 22, 2012 /PRNewswire via COMTEX/ -- L & L Energy, Inc. ("L&L" or "Company"), a Seattle-based company with a track record of profitable coal operations in China, announces that it expects to finalize the acquisition of two new mines, the ... L&L Signs New Coal Sales Agreement with Datang Power for 360000 tons Melodika.net (press release) - Sunday, 21 October 2012. L & L Energy, Inc. (NASDAQ: "LLEN") ("L&L" or "Company"), a Seattle-based company with a five-year track record of profitable coal operations in China, is pleased to announce today it has signed an updated contract to sell ...

Opportunities abound for China shale gas China Daily Well, the shale gas story should sound intriguing for China, since it is the world's largest energy consumer, as well as holding the largest shale gas reserves globally, as disclosed through estimates by the US Energy Information Administration ...

Japan trade hit by Europe crisis, China tensions San Francisco Chronicle Resource-scarce Japan is almost entirely dependent on imported fuel, and it has long relied on robust exports of high-value consumer goods and industrial products such as machine tools to help counter the cost of importing its energy needs. With most ...