Hong Kong targets prized Saudi Aramco listing with Xi’s backing
Two months after Chinese President Xi Jinping visited Saudi Arabia, Hong Kong’s leader John Lee has followed in his footsteps by taking a sizeable entourage to the kingdom.
Hong Kong
26 missing after offshore wind ship sinks off Hong Kong
Rescuers are searching for 26 crew members after an offshore wind installation ship split in two and sank off Hong Kong.
Shell supplies fuel for Asia’s first major sustainable aviation fuel campaign
Hong Kong-based airline Cathay Pacific said it has launched Asia’s first major corporate sustainable aviation fuel (SAF) programme with PetroChina and Shell supplying the fuel.
One dead, six injured after oil tanker explodes off Hong Kong
One person has been killed and several six others have been injured after an oil tanker exploded in the Taiwan Strait.
Financial markets gain despite US protests
Financial markets on both sides of the Atlantic started the week in forward gear despite a weekend of violent protests in the world’s largest economy.
LNG comes through for Shell and Total
While low LNG spot prices have taken their toll, the Europe’s two major players in the sector, Total and Shell, performed strongly in the third quarter.
Shell nets another sell-off worth $150million
Shell today continued to chip away at its $30billion divestment target.
Hong Kong oil tycoon freed after kidnappers ask for £6million in ransom deal
A billionaire oil tycoon has been rescued after he was allegedly held hostage for more than a month in a £6million ransom deal. Wong Yuk-kwan, the chairman of Pearl Oriental Oil Limited, had been found in an avandoned cottage in rural western Taiwan. It’s believed the oil boss, worth an estimated £1.7billion, was abducted in September.
Sturgeon hails new Hong Kong low carbon centre
Nicola Sturgeon has attended the official opening of a new carbon innovation centre in Hong Kong. The centre is managed by a group based at Edinburgh University and will work on projects promoting sustainable construction, energy efficiency and air quality. The launch took place at the Hong Kong Science and Technology Park as part of the First Minister’s trade mission to east Asia.
China coal producer Shenhua plans $1 bln wind farm IPO in Hong Kong
China's biggest coal producer, Shenhua Group, plans to list its wind farm assets in an initial public offering in Hong Kong valued at up to $1 billion, IFR reported on Monday, citing people familiar with the plans.