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  • Top 5 power firms suffer 10b yuan losses

    2011-05-18 09:28

    The China Electricity Council (CEC) on Tuesday said the nation's leading five power producers reported 10.57 billion yuan ($1.62 billion) of losses in their thermal power plants in the first four months of the year.

  • EU approval for PetroChina bid

    2011-05-17 13:46

    The European Union's (EU) antitrust regulator on Friday approved a bid by PetroChina Co Ltd to take joint control over certain assets currently wholly owned by Ineos AG of Switzerland.

  • China plans 30gW offshore wind power by 2020

    2011-05-17 11:15

    China will expand its offshore wind power installed capacity to 5 gigawatts (gW) by 2015 and 30 gW by 2020, according to the Chinese Renewable Energy Industries Association (CREIA) on Monday in Beijing.

  • Project to end Tibet's power shortages

    2011-05-17 10:18

    Tibet's power shortages are expected to end once the Qinghai-Tibet Power Grid Interconnection Project is finished by the end of the year, connecting Tibet's grid to the national grid for the first time.

  • China to upgrade power grids in rural areas

    2011-05-17 10:06

    China's top economic planer has issued a notice asking local governments to upgrade their rural power grids in a bid to boost the nation's rural power infrastructure and improve the lives of rural residents in the next five years.

  • Energy crunch looming

    2011-05-17 09:16

    Power shortages that gripped many parts of the country in recent months could herald the worst energy crunch in years amid growing concerns that economic growth may suffer.

  • Sinopec, SABIC invest in polycarbonate plant

    2011-05-18 10:25

    China Petroleum and Chemical Corporation (Sinopec) announced on Tuesday that the company will establish a new polycarbonate production plant with an annual capacity of 260,000 tons with Saudi Basic Industries Corporation (SABIC).

  • China's nuclear projects approval to be restarted

    2011-05-16 16:02

    Examination and approval of China’s nuclear projects may restart soon, but access standards will likely be enhanced, China Business News (CBN) reported Monday.

  • Shenhua reaps huge profits from CTL project

    2011-05-16 09:23

    Shenhua Group, China's largest coal producer, has made huge profits from its pilot coal-to-liquid (CTL) project in north China in the first three months of this year, a company executive said Saturday.

  • China faces tight power supply this year

    2011-05-14 15:57

    China is facing expectations of tighter power supplies this year with expanding power supply shortages possible this summer, an industry report said Friday.

  • China to spend $23m to ensure nuke safety

    2011-05-14 14:43

    China's environmental regulator will spend 150 million yuan on nuclear and radiation safety supervision and control, as well as in offering relevant technical support this year in an effort to ensure nuclear safety.

  • Chinese firm wins Cameroon hydropower bidding

    2011-05-14 13:47

    China Three Gorges Corp (CTGPC) in central China's Hubei province announced Friday that one of its subsidiaries had won a contract to build a hydropower project in Cameroon.

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