China WindPower proposes issue of yuan bonds

2011-03-22 17:43:38

China WindPower Group Limited, an investment holding company mainly engaged in wind power business and industry, said on Tuesday that it has proposed to conduct an international offering of RMB-denominated guaranteed bonds, targeting certain qualified institutional investors in Asia and Europe.

Alstom opens technology center in Shanghai

2011-03-22 17:36:10

Alstom Grid, a division of Alstom SA of France, opened its China Technology Center in Shanghai on Friday to focus on the provision of strong and smart electrical grids.

North African crisis disrupts CNPC projects

2011-03-22 11:09:21

China National Petroleum Corp (CNPC), the country's biggest oil and gas producer by volume, said it is evaluating losses made in Libya recently and its operations in the North African country had been halted after all of its more than 100 employees were evacuated from the country.

Nuclear power standards come under scrutiny

2011-03-22 10:58:18

China Guangdong Nuclear Power Group Co, the majority owner of the Daya Bay plant near Hong Kong, is conducting safety checks on its power stations, including those under construction, following the Japan nuclear crisis.

CNPC, Aramco to construct refinery in Yunnan province

2011-03-22 09:57:37

Saudi Aramco and China National Petroleum Corp agreed to build a 200,000 barrel-a-day refinery in southern China as producers seek to meet rising fuel demand in the world's fastest-growing economy.

Shell CEO has high hopes for China's shale gas

2011-03-21 16:25:40

Royal Dutch Shell is aming to spend $1 billion a year over the next five years on shale gas in China if its explorations works under way prove a success, Chief Executive Peter Voser told Reuters on Sunday.

Japan quake prompts PetroChina M&A

2011-03-19 09:23:47

PetroChina Co pledged to accelerate acquisitions of energy assets and develop the country's domestic resources of natural gas as demand for the fuel rises following Japan's nuclear reactor crisis.

Go slow for nuclear power projects

2011-03-18 09:34:39

The nuclear crisis in Japan may slow down China's feverish pace of expansion in the nuclear power sector and is likely to encourage the government to lift standards for newly-built plants, said Ni Weidou, a senior academician of the Chinese Academy of Engineering.

China's Hilong to postpone HK IPO

2011-03-17 15:21:01

Hilong Holdings, a Chinese oil equipment manufacturer, has decided to postpone its Hong Kong IPO of up to HK$1.48 billion ($190 million) due to difficult market conditions, IFR reported on Thursday.

Goldwind aims to blow away competition

2011-03-17 09:59:28

Xinjiang Goldwind Science & Technology Co Ltd, a manufacturer of wind turbines, expects to reap benefits when Chinese independent power producers (IPPs) gain exposure to the growth in wind power in the domestic and overseas markets.

CNNC may make record bond issue for expansion

2011-03-17 10:46:10

China National Nuclear Corp (CNNC), the nation's largest atomic plant operator, may issue a record amount of bonds to finance expansion, even as Japan battles to prevent a reactor meltdown, according to its top official.

Approvals halted for new nuclear plants

2011-03-17 09:23:55

China will suspend approval of new nuclear power stations and assess all nuclear projects, including those under construction, in the wake of the Japan crisis, the State Council said on Wednesday.