China Resources Power Holdings Co (CRP) said it's seeking to buy a controlling stake in a coal-mining project in Shanxi province, for about 6 billion yuan ($910 million).
Local political advisors and industry insiders in China's leading rare earth producing regions are pushing the central government to issue a clear national strategy for the industry's development.
China added 12 million barrels of crude to its strategic petroleum reserve over the course of last year, according to Reuters calculations based on figures issued on Thursday by the country's leading oil firm.
China will auction eight shale gas exploration blocks in the first quarter of this year, two more than first planned and months later than originally scheduled for November last year, a ministry official said on Thursday.
China's apparent natural gas consumption is expected to grow by 22.6 percent in 2011 from 106 billion cubic meters (cu m) in 2010. That's because domestic consumption of the clean fuel is set to surge in accordance with the country's need to reduce carbon emissions.
China is on track to play a leading role in the green sector, as more Chinese companies in the sector are investing in the United States and creating jobs.
China may reach an initial agreement with Russia on natural gas pricing - a subject of great contention for years - by the middle of 2011, industry experts close to the matter said.
China's plan to modernize its electricity transmission network may stimulate more copper imports and raise Chinese copper prices, Aurubis, Europe's biggest copper smelter, said on Wednesday.
China's wind power industry is facing bottleneck issues that may shake its leading position, despite having the world's largest installed wind turbine capacity.
China's coal imports surged to a monthly record of 17.34 million tons in December, up 25 percent compared with the previous month.
China will spend an average of 500 million yuan ($74.6 million) each year on exploring oil and gas resources over the next two decades to counter the country's growing dependence on imported energy.
China's National Energy Administration and the United States Department of Energy signed 18 deals worth $13 billion on Tuesday, ushering in President Hu Jintao's four-day state visit to the United States.
China, US reach $45 billion in export deals