A high-ranking Chinese official has publicly admitted for the first time that the country is on the verge of overtaking the United States to become the globe's biggest energy consumer.
It's the first time that a Chinese official has publicly admitted that the country will soon overtake the US.
Jiuquan Iron and Steel Group Co Ltd has signed a contract for a coal gas project with the municipal government of Zhangye, a city in Northwest China's Gansu province.
China should consider establishing strategic reserves of natural gas, because of the nation's growing appetite for the fuel and a burgeoning dependence on imports, industry experts said.
The German photovoltaics specialist IBC Solar, the world's biggest solutions provider for solar-generated power by sales revenue and turnover, made its entry in the Chinese market by officially establishing an office in Beijing on Monday.
China Shenhua Energy Co, the listed unit of the nation's biggest coal producer by market value, said on Monday that it will seek shareholders' approval to make a rights issue of up to 20 percent of its shares on the Chinese mainland and in Hong Kong.
China's clean energy market offers huge business opportunities, experts said at the Harvard China Forum Saturday.
China's National Energy Bureau is drafting new regulations to standardize the examination and approval of small wind farm projects.
Inner Mongolia autonomous region in North China has become the country's first province-level region to have over 10GW of wind turbines installed and connected to the power grid.
With China's ambitious plans to cut carbon emissions, new energy industries are becoming even more significant than in the past.
Fu Chengyu will become chairman of China Petroleum and Chemical Corp, Asia's biggest refiner, after presiding over a fivefold profit increase at smaller State-controlled oil producer China National Offshore Oil Corporation (CNOOC), Bloomberg News reported Friday.
PetroChina Co Ltd, the world's second-biggest oil and gas producer by market value, is considering a bid for troubled natural gas distributor China Gas Holdings Ltd, Reuters reported Friday, citing the Financial Times.