China National Petroleum Corp (CNPC) imported more than 5.7 billion cubic meters of natural gas from Turkmenistan via a landmark pipeline in the first five months of this year, China Petroleum Daily reported on Monday.
The World Bank has approved a $150 million loan to China for improvements in energy efficiency in the eastern province of Shandong, the bank said in an emailed statement.
State Grid Corp of China is asking smart grids to absorb 60 gigawatts (gW) of wind and 5 gW of solar power by 2015 to boost China's utilization of clean energy nationwide.
Huaneng Renewables Corp, the wind-power unit of China's biggest electricity producer, fell 11.2 percent on its first day of trading in Hong Kong after a $800 million IPO.
PetroChina Co Ltd and China Petroleum & Chemical Corp (Sinopec) plan to increase the number of gas stations to enlarge their distribution networks.
China's rapid economic growth is fueling growth in both energy usage and power demand, the two key components to China's development. The occasional power shortage is part of high economic growth
Higher electricity charges expec to hit business, export inflation
Schneider Electric SA has agreed to pay $650 million for Leader & Harvest Technologies Holdings Ltd.
China Petroleum and Chemical Corp's Shengli Oilfield is expected to generate 20 percent of the company's total output value from the overseas market by the end of 2015.
A senior power expert has urged authorities to narrow the gap in energy usage between peak and off-peak hours by setting different prices, as an addition to the progressive pricing system to be released this year.
China said on Tuesday that it hopes for a "major breakthrough" in gas talks with Russia ahead of a visit next week by President Hu Jintao, who has made securing energy for the world's second-biggest economy a diplomatic priority.
East China's Jiangsu province exported 22.34 million solar cells in the first four months of this year, a rise of 390 percent on the same period of last year, according to the local customs house.