Noble Group jumps as trader confirms strategic stake talks
Noble Group Ltd. surged the most in over a year after it said it’s in discussions with a strategic investor, which sources identified as China’s Sinochem Group.
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Experts predict China’s nuclear power capacity will overtake the US within a decade
China’s rapid nuclear expansion will result in it overtaking the US as the nation with the largest atomic power capacity by 2026, according to BMI Research.
Iran refinery set for $3bn investment after China agreement
Tehran and Beijing will ink a contract worth $3billion in the coming weeks to upgrade Iran’s oil refining capacity, a news report said yesterday.
Iran, China to sign $3bln contract to upgrade refining capacity
Iran and China plan to sign a $3billion contract as they upgrade Iran's oil refining capacity.
China to extend tax waivers for onshore and offshore oil and gas development
China is extending tax waivers for importing key drilling and production equipment for both onshore and offshore oil and gas development.
Pollution alers issued as China starts 2017 engulfed in smog
Beijing and other cities across northern and central China were shrouded in thick smog on Monday, prompting authorities to delay dozens of flights and close highways.
Oil demand rises in China as construction activity ticks up
China’s oil demand went up by 1.1% in October compared to the same month last year, S&P Global Platts said.
China to cut coal consumption as part of ‘war on pollution’
China plans to raise the ratio of natural gas in its energy mix to 6.8% in 2017 from 5.9% in 2015 as the country’s “war on pollution” enters its third year, a news report said today.
Empyrean lands permit for block off coast of China
An Australian oil and gas explorer has been awarded a permit for 100% of the exploration rights for a block offshore China .
Seven killed in latest China mine blast
Seven coal miners are dead and another four are missing after a gas explosion in a central province in the latest deadly accident to strike China’s mining industry, authorities said.
China increases tax on imported luxury cars in bid to curb energy use
Chinese buyers of expensive luxury cars like Ferrari and Rolls-Royce will have to pay extra under Beijing’s latest effort to rein in ostentatious spending.
World’s most reliable stock trade sparks race for 360% gains
To have a shot at the global stock market’s closest thing to a guaranteed windfall, you’re going to need a really accurate clock.
Arrests made over China power plant deaths
Thirteen people have been arrested after scaffolding collapsed at a power plant construction site in eastern China, killing 74 workers.
67 killed after platform collpases at Chinese power plant
A platform under construction at a power plant in eastern China has collapsed, killing 67 people.
At least 40 killed in China power plant disaster
At least 40 people were killed and many others were feared to be trapped when scaffolding collapsed at a power plant construction site in eastern China, state media reported.
Sturgeon opens Chinese power firm’s new Edinburgh base
First Minister Nicola Sturgeon opened the new Edinburgh offices of Chinese power company Red Rock Power, a subsidiary of State Development and Investment Corporation (SDIC), on Tuesday.
China’s CNPC to spin-off non-energy assets with 140,000 employees
China National Petroleum Corp. plans to spin off most non-energy assets -- a portfolio comprising roughly 10 percent of its workforce -- as low oil prices force the state-run behemoth to streamline, according to people with knowledge of the matter.
China scales back solar, wind ambitions as renewables cool
China, the world’s biggest clean-energy investor, lowered its solar and wind power targets for 2020, a reflection of how record installations of renewables have overwhelmed the ability of the nation’s grid to absorb the new electricity.
Rosneft sells stake in subsidiary to Chinese firm for $1.1bn
Russian energy major Rosneft has sold a 20% stake in one of its subsidiaries to a Chinese gas firm for $1.1billion.
China building its first floating nuclear reactor, report says
China has started building its first floating nuclear reactor in a step towards developing the waters off the country’s coast, a news report said.
Chinese energy giants slash spending to cope with low crude prices
China’s oil output slump shows no signs of abating as the country’s state-run energy giants hold back spending to cope with the crash in prices.
Opinion: Meeting China’s burgeoning renewables sector’s engineering service needs
With a population of over 1.3 billion, China is the world’s leading energy consumer, and the vast majority of its electricity comes from domestically mined coal. But the Asian nation is cutting its dependence on fossil fuels and replacing it with renewables at breakneck speed to meet rapidly growing energy demands and address acute air pollution issues.
China said to be planning mega-merger of Sinochem, ChemChina
China is planning to merge Sinochem Group and China National Chemical Corp. as the government continues its overhaul of state-owned enterprises, according to a person familiar with the matter.
Japan, China in row over offshore gas exploration
Toyko has sent a protest note to Beijing accusing China of exploring gas deposits in waters which are subject to a territorial dispute between the countries, a news report said.
Winson Oil buys crude carrier for oil storage in Mediterranean
Winson Oil has bought a large crude carrier to store oil in the Mediterranean as it looks to expand its business into Europe.