Energy & Offshore

New regulations for carbon management changing the game in Asia-Pacific?

Enterprises are still urged to invest in energy management tools despite tough opposition from the business community. Read ››

Demand for “clean gas” to boost offshore marine growth in Asia

Hear the fishes clap their fins. The soaring demand for liquefied natural gas (LNG) across Asia is driving major new investments into exploration and infrastructure capabilities. Read ››

MEC and Xinwen Mining Group join forces

The agreement includes provision of consultancy services on MEC’s Khushuut operation to increase operational efficiency. Read ››

China Everbright International vows to respond to global economic crisis

The company promises no layoffs, no pay cuts, increase in R&D investment and more job opportunities. Read ››

China Everbright International gets support from the National Development and Reform Commission

Changzhou Equipment Manufacturing project has obtained approval for a subsidy of CNY9.7mn from the 2012 Strategic Emerging Industries Fund. Read ››

ADB and six other grants financial backing to China Everbright International

Support aimed to develop its waste-to-energy projects. China Everbright International Limited (“Everbright International”), is pleased to announce that on 11 January 2012, the Group has reached an agreement with the Asian Development Bank (“ADB”) and six other banks. Read ››

China includes Sino Oil and Gas’ project in 12th Five-Year Plan

The company’s Sanjiao coal bed methane project is dubbed as a core project in the plan. Read ››

Hilong’s new drilling rig starts operation in Ecuador

The company expands rapidly in international oilfield services market. Read ››

Jutal Oil Services bags HK$154mn new orders

The company taps large market potential in deepwater oil and gas equipment in the South China Sea. Read ››

Sino Oil and Gas Holdings issues 312mn new incentive shares to Sanjiao Block

The move progresses as total reserves of Sanjiao Block CBM project exceed original estimates. Read ››

CLP shares drop following passage of clean energy law in Australia

The power supplier previously said its earnings may be affected by the passage. Read ››

Qinfa Group increases equity interest in Huameiao Energy by a further 48%

Through the move, the company further expands coal asset base and enhances cost effectiveness. Read ››

Sino Oil buys Jinzhuang oil and gas exploitation project for CNY188mn

The target group to provide all technical services and consultancy, including oil and gas well drilling and other exploitation engineering work. Read ››

Jutal Oil Services completes construction and delivery of undersea manifold device

The feat paves way for the company to join ranks of leading international oil and gas equipment manufacturers. Read ››

CLP subsidiary awaits approval for gas power projects in Queensland

The projects would increase the Australian state’s generation capacity by a total of more than 20%. Read ››

Technovator lists in HKEx Main Board

Company eyes to raise HK$146.4mn to pursue product and technology purchase opportunities and strategic acquisitions and alliances. Read ››

Jutal Oil Services unit inks HK$1.21bn deal

Penglai Jutal embarks on South China sea deepwater natural gas and Australian mining projects. Read ››

China Everbright International’s 2 reusable water projects begin operation

The company achieves breakthrough in the supply of reusable water sector as projects reach daily water supply capacity of 47,000 m3 for industrial use. Read ››

China Everbright International’s Dangshan Biomass Power Generation Project begins operation

The Project is expected to process 300,000 tonnes of biomass annually and generate 200mn kWh of green electricity. Read ››

China WindPower defers spin-off of tower tube manufacturing unit

The postponement of spin-off and listing caused by changes in market conditions and market volatility. Read ››

China Gas and Hubei Province Natural Gas join forces

The co-operation will strengthen the latter’s penetration into and expansion in the downstream natural gas business in Hubei Province. Read ››

Goldpoly Project chosen in the '2011 Golden Sun Pilot Project' list

The company will receive funds to accelerate the construction of this leading-edge environmentally friendly power project. Read ››

CLP to build wind farm in Sai Kung

The cost will be more or less HK$6 billion. A report on Reuters said the farm in the New Territories is expected to produce 200 MW of electricity per year. Read ››

Jutal Offshore Oil Services profit down 52% to CNY16.44mn

The company captures every opportunity to accelerate business development as it forge itself to be an international first-class oil and gas processing equipment and technical services provider. Read ››

China Qinfa profit up 61% to CNY333mn

Well developed vertical integration of supply chain allowed the group to capture market opportunities in booming Chinese economy. Read ››

China Everbright International profit up 43% to HK$352mn

The company achieves continuous revenue and profit growth as it entered into overseas market. Read ››

China WindPower profit up 77.9% to HK$237mn

The Group was able to operate 20 grid-connected wind power plants with total capacity of 1,114MW and an attributable capacity of 535MW. Read ››

Comtec Solar profit up 48.1% to RMB101.6mn

The company to increase the Super Mono Wafers shipment to at least 30% of its total shipments to remain profitable amid tough industry environment. Read ››

China Coal Energy expects output to reach 10m tonnes

The company will acquire mines from its parent and open new ones as well. Read ››

China Everbright International’s Germany photovoltaic power station starts operation

The group’s first overseas project to commence operation is also Europe’s largest amorphous silicon thin film photovoltaic power station. Read ››

Wing Hing to acquire majority stake in South African gold miner

It plans to invest up to $581m for the stake acquisition. Read ››

China Shenhua Energy’s commercial coal output up 28.6%

The output for the first half of 2011 was 140 million tones. Read ››

Qinfa Group buys 32% equity interest in Huameiao Energy

The move further increases supply of self-produced coal and exert vertical integrated coal supply chain advantage. Read ››

EuroSibEnergo mulls relaunching shelved HK IPO

It has previously cancelled the offer twice. A report on Reuters said the power unit can wait to raise the target amount of $1.5 billion it needs for debt restructuring. Read ››

China Gas 2010 profit up 40.2% TO HK$827.4mn

The group sees more growth opportunities behind China’s implementation of its Twelfth Five-Year Plan which put emphasis on the clean energy sector. Read ››

China WindPower applies for unit spin-off

The group eyes spin-off of Tianhe New Energy Equipment and its listing on the Main Board of the Stock Exchange of Hong Kong to enhance transparency. Read ››

Everbright International breaks ground for Suzhou Waste-to-Energy Project Phase 3

Project attempts to realize goal of incineration of wastes without reaching landfills in the Chinese city. Read ››

Daya Bay nuclear plan to be reviewed

The Security Bureau has formed a task force to conduct a comprehensive review of the Daya Bay Contingency Plan and to formulate a large-scale exercise for early next year. Read ››

China WindPower divests equity Interest in Guazhou Wind Power Project

Sale to Jilin Power generated gain of HK$198.6mn and presented a good opportunity for the Group to realise part of its investment in the project at a reasonable price. Read ››

China Gas bags 8 city gas projects in Huoqiu County

The company also purchases LPG carrier Panva Gas to actively expand LPG business. Read ››