Energy
Major Power Plant Coal Stocks Are Still In Safe Range, NDRC Official Says
China’s National Development and Reform Commission (NDRC) -- the nation's macro-economic planner -- its transport ministry and China Railway Corp.,…
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…
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.
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…
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…
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.
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.
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…
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.
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…
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.…
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…