Energy

Shenhua Energy Net Earnings Double Last Year As Coal Sales Increase, Preliminary Report Says

Shenhua Energy Net Earnings Double Last Year As Coal Sales Increase, Preliminary Report Says

Shenhua Energy Co., China’s largest coal producer, expects net profits of CNY45.2 billion (USD7.14 billion) for 2017, almost double that…

Jan 31, 2018
Gao Ge
BYD’s NEV Sales Score First in the World for Three Straight Years

BYD’s NEV Sales Score First in the World for Three Straight Years

BYD Co. [SHE:002594] sold 113,669 new energy passenger cars last year in a rise of 13 annual percentage points to rank it first in the world for three consecutive years and in China for four years.

Jan 30, 2018
Dou Shicong
CNPC's Oilfields in Tarim Basin Will Expand to 30 Million Tons by 2020

CNPC's Oilfields in Tarim Basin Will Expand to 30 Million Tons by 2020

State-backed energy giant China National Petroleum Corp. (CNPC) plans to further expand its oilfields in the Tarim Basin in China’s…

Jan 29, 2018
Dou Shicong
CGNPC Delivers Key Thermonuclear Fusion Equipment to Europe

CGNPC Delivers Key Thermonuclear Fusion Equipment to Europe

The key thermonuclear fusion pressure equipment developed by a team led by China General Nuclear Power Corporation (CGNPC) for the…

Jan 29, 2018
Tang Shihua
State-Backed Firm to Build Solar Plant in Inner Mongolia to Tap Idle Green Resources

State-Backed Firm to Build Solar Plant in Inner Mongolia to Tap Idle Green Resources

China State Power Investment Corp. plans to pump CNY46 billion (USD7.2 billion) into a solar power plant in Inner Mongolia through a new firm under the SPIC umbrella.

Jan 26, 2018
Tang Shihua
China-Backed Uranium Mine Produces 1,000 Tons of Ore as It Closes In on Max Capacity

China-Backed Uranium Mine Produces 1,000 Tons of Ore as It Closes In on Max Capacity

A China-backed uranium mine in Namibia produced more than 1,000 tons of ore last year, and will reach its peak design capacity in 2018.

Jan 25, 2018
Zhu Yanran
China's Fire Ice Industrialization Will Hasten This Year, Pilot in South China Sea

China's Fire Ice Industrialization Will Hasten This Year, Pilot in South China Sea

China will accelerate the industrialization of methane clathrate this year, consolidate cooperation among departments, vigorously promote the construction of pilot…

Jan 24, 2018
Xu Wei
Shanxi to Shut Down All Small Coal Mines Within Three Years

Shanxi to Shut Down All Small Coal Mines Within Three Years

Shanxi provincial government has unveiled a policy plan to further cut coal production as the region looks to step up its battle against overcapacity.

Jan 23, 2018
Dou Shicong
China’s Steel Capacity Resumes Reasonable Range

China’s Steel Capacity Resumes Reasonable Range

Ongoing progress in reducing overcapacity has eased the problem of a serious glut in China's steel industry, and the capacity…

Jan 22, 2018
Xu Wei
Cefc’s Buy of Rosneft’ Shares May Wrap Up in Two Weeks

Cefc’s Buy of Rosneft’ Shares May Wrap Up in Two Weeks

Rosneft's sale of 14.16 percent of shares to Cefc is likely to close by next week, Russian media reported today.…

Jan 19, 2018
Xu Wei
Shanshan Will Invest USD775 Million to Build a Battery Plant in Changsha

Shanshan Will Invest USD775 Million to Build a Battery Plant in Changsha

Ningbo Shanshan Co. will invest in the construction of a lithium ion battery material project in Changsha, in south-central China’s…

Jan 17, 2018
Tang Shihua
China’s State Grid Records 40% Surge in Wind and Solar Power in 2017

China’s State Grid Records 40% Surge in Wind and Solar Power in 2017

China’s State Grid Corp., the world’s largest utility, achieved remarkable results last year in its shift towards new energy with…

Jan 17, 2018
Tang Shihua

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