Charging network for electric vehicles expanded in HK

2011-03-16 11:26:40

The charging network for electric vehicles (EVs) has been expanded to cover all 18 districts in Hong Kong, said Hong Kong's Financial Secretary at an EV publicity event Tuesday.

Municipal wastewater treatment rate up to 75%

2011-03-16 11:02:34

In a span of five years, China increased its municipal wastewater treatment rate by 24 percentage points to 75 percent by the end of 2010, according to official data released Tuesday.

Chinese interests won't be harmed

2011-03-16 09:56:37

The turmoil in Libya will not affect Chinese oil firms' investment in Africa, and the decreasing asset valuation in the region may instead open up buying opportunities for domestic companies, Citigroup said on Tuesday.

PetroChina starts year off with a bang

2011-03-15 13:58:38

PetroChina Co, the listed unit of the nation's biggest energy company, posted a "very good" performance in the first two months of this year, said Chairman Jiang Jiemin.

Sinopec harnesses Shengli to growth plan

2011-03-15 10:41:04

China Petroleum and Chemical Corp's Shengli Oilfield plans to realize up to 7 billion yuan ($1.07 billion) in annual revenue in its overseas petroleum-engineering sector during the 12th Five-Year Plan period (2011-2015), making it one of Shengli's major growth engines, a top official from the oil field said on Thursday.

Energy development plan to be fixed by March

2011-03-14 15:16:59

China's energy development strategy for the 12th Five-Year Plan (2011-2015) will focus on a structural adjustment of its energy resources, China Securities News reported Monday, citing a top official at the National Energy Administration (NEA).

Government eyes nuclear energy as oil price rises

2011-03-11 15:04:33

A senior energy official has warned the government to be "fully aware" of the risk of imported inflation as spreading uncertainty in the oil-rich Middle East and North Africa keeps driving up the global oil price. 

Guangdong Nuclear may have to bid for Extract

2011-03-10 14:17:41

A Chinese State-owned nuclear power producer could be forced to make a bid for Australia's Extract Resources worth $2.7 billion as part of a bid for Kalahari Minerals, as China looks to secure uranium from Africa.

Oil reserves equal 30 days consumption

2011-03-09 17:23:24

China's strategic oil reserve capacity is enough for one month's use, and the storage proportion of crude oil to product oil is 3:1, according to Wang Qingyun, director of the State Bureau of Material Reserve, the National Business Daily (NBD) reported Wednesday.

China 'cautious' about hydropower projects on Nu River

2011-03-09 16:47:48

China has been extremely cautious about building hydropower projects on the Nu River, or the Salween, in the southwestern Yunnan province, Yunnan's Party chief Bai Enpei said Wednesday.

CNPC wants increase for tax threshold

2011-03-08 14:39:49

China should raise the threshold for the government's windfall tax on sales of crude oil to at least $60 a barrel from the current $40, said an executive with the nation's largest oil company. 

Demand for uranium set to outstrip US in 2020s

2011-03-08 10:41:39

China will surpass the United States as the world's largest consumer of uranium during the 2020s as the nation's imports rise sharply to feed a growing nuclear industry, a high-level energy official told China Daily.