Latest news
Shell intends to invest 1 billion dollars annually in China gas projects
Royal Dutch Shell Plc, Europe's largest oil company, is set to invest about 1 billion dollars per year in its upstream businesses in China starting from this year, as a response to the country’s surging natural gas consumption, which is expected to rise to 230 billion cubic meters by 2015, announced on Tuesday Peter Voser, the company's chief executive officer.
read more... 21/11/2012
China will cut fuel prices
China announced on Thursday cuts to fuel prices, introducing additional stimulus into the world's second-largest economy, which has shown signs of recovery in latest months. The Asian country will cut gasoline and diesel prices by 310 Yuan ($49.75) and 300 Yuan a metric ton, effective from Friday, has announced the National Development and Reform Commission, the country's top economic planning body.
read more... 16/11/2012
German SolarWorld unveils massive Q3 losses amid industry gloom
German solar group SolarWorld announced significant losses in the first three quarters of 2012, compared to the previous year, under pressure from low-cost panel makers in China.
read more... 15/11/2012
China: Oil demand to rise as the economic growth picks up
In the fourth quarter China’s demand for oil is likely to increase significantly in comparison to the last two years, as the second-biggest crude consumer in the world is showing signs that the country’s economic growth begins to pick up.
read more... 12/11/2012
China files WTO complaint over EU solar energy subsidies
China has filed a complaint with the World Trade Organization (WTO) against photovoltaic solar subsidies in Italy and Greece which are in breach of international agreements.
read more... 07/11/2012