China

CNOOC profit plunges on rising costs

China National Offshore Oil Corporation said its net profit for the first-half of the year fell 19% to RMB 32 billion.

CNOOC profit plunges on rising costs

China National Offshore Oil Corporation said its net profit for the first-half of the year fell 19% to RMB 32 billion.

Canada and China to boost bilateral energy investments

Canada estimates that foreign investments in its booming energy sector could hit US$500 billion over the next decade.

China's energy use down slightly by 2% in 2011

China’s energy use per unit of GDP dipped only 2% last year compared to its goal of reducing its energy use by 16% by 2015.

Fracking faces uncertain future in China

China is resorting to “fracking” to sate its enormous demand for oil but this controversial technology might prove insufficient.

U.S. lawmakers resist Chinese takeover of EV battery maker

Opposition to China acquiring a US. maker of high tech batteries continues to mount in Washington.

Chinese to invest US$1 billion in Texas clean energy plant

Chinese investors expect to close one of the biggest investments by China in the U.S. power sector in September.

Mongolia to build 400MW hydroelectric power station

The World Bank has approved a 400 megawatt hydroelectric power station project at the Selenge River.

China's wind power capacity sees substantial growth

China's on-grid wind power capacity reached over 50 gigawatts helping its entire wind power sector to witness substantial growth.

China increases 2015 solar power target by 40%

China increased its 2015 target for solar power capacity by 40 percent to 21 gigawatts.

China invests US$239b in energy and resource projects

This accounts for 71% of China's outbound direct investments from 2005 to 1H12.

China’s power use drops by 5.5%

Electricity consumption in the first half fell to 2.38 trillion kilowatt hours on account of the weak Chinese economy.

Companies begin 30-year search for coalbed methane

CNOOC, Ltd will invest US$1.56 billion in a wide search for coalbed methane in China.

China wasting its wind power

China, the world’s largest wind power market, has lost US$1.03 billion from misusing this form of renewable energy.

Renewable energy use leaps in China

Renewable energy sources supplied 377 terawatt hours to China’s power grid network in the first half of the year.

China to connect Xilodu hydro station with UHV transmission line

The State Grid Corporation of China has started the construction on a west-to-east ultra-high voltage direct current power transmission project.