Latest news
China: Bluestar will purchase REC Solar for $640 million
China National Bluestar has decided to purchase solar panel manufacturer REC Solar for 4.34 billion Norwegian crowns ($640 million) and is aiming to unite it with another Norwegian asset it acquired in 2011.
read more... 25/11/2014
Daily: Crude oil ends up on stronger demand from China
Brent crude oil settled up almost 1 percent on Tuesday, spurred by data showing stronger-than-expected demand in China and some technical price rebound after weeks of practically uninterrupted selling. Brent increased by 82 cents to trade at $86.22 a barrel. It climbed as much as $1.06, or 1.2 percent, during the session to $86.48. U.S. WTI crude ended up 10 cents, or 0.1 percent, at $82.81 a barrel in New York, after attaining a session high at $84.05.
read more... 24/11/2014
Russia signs second China gas agreement, but declining prices increase worries
Russia and China inked a framework accord for a gas supply deal at the weekend, but declining energy prices pressure on negotiations and might still compromise their plans.
read more... 11/11/2014
Daily: Crude oil prices settle up on stronger demand from China
Brent crude oil settled up almost 1 percent on Tuesday, buoyed by figures showing stronger-than-expected China demand and some technical price rebound after weeks of continuous selling. Brent increased by 82 cents to settle at $86.22 a barrel. U.S. West Texas Intermediate (WTI) crude boosted 10 cents, or 0.1 percent, at $82.81, after reaching a session peak at $84.05.
read more... 22/10/2014
Novatek calls for more state support for LNG project since China negotiations tumble
Novatek, Russia's second major gas producer which is under U.S. sanctions, is demanding the government for 150 billion roubles ($3.67 billion) in support after fighting to obtain funds from Chinese banks, as published in the Kommersant newspaper on Friday.
read more... 17/10/2014