Energy & Resources « Week In China

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Energy & Resources

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Chinese SOE wins major Russian Arctic contract
Jul 12, 2019 (WiC 459)

In January of last year the Chinese government issued its first white paper on the Arctic. It announced that China was now a “near-Arctic State” and that as a major power and stakeholder in the region, the Chinese would play a greater role ...

Huadian Energy faces potential delisting
May 24, 2019 (WiC 453)

In 2014 there were two events that triggered a rethink on risk appetites in the Chinese financial markets. The authorities broke with the so-called ‘Beijing put’ by allowing bond issuers to default for the first time. And a lossmaking ...

China’s only private sector oil baron goes under
May 3, 2019 (WiC 450)

For WiC readers of a certain vintage, there really are only two oilmen worthy of note: JR Ewing and Cliff Barnes. The two Texans spent much of the final quarter of the twentieth century slugging it out on primetime TV. Cliff Barnes was the ...

Telecoms model set to be replicated in a bid to reshape oil sector
Apr 5, 2019 (WiC 447)

Many commentators questioned China’s commitment to opening up its telecoms market when the State Council said in 2014 it would create a new company by combining the tower operations of the country’s three main carriers. The result was ...

China’s top steelmakers return to growth mode
Feb 22, 2019 (WiC 441)

Among older Chinese there is a traditional view that only a few special birthdays should be celebrated. The most important is the 60th because everything starts anew after a 60-year cycle (the belief combines the 12 zodiacs with the five ...

Brewing scandal over ‘missing’ court documents
Jan 18, 2019 (WiC 437)

The coal business is often a dirty one, its critics contend. And that is the view again from China this winter as air quality worsens. Adding to the grim feeling in the air there was another deadly mine collapse in the coal-rich province ...

Huawei moves deeper into solar power with new types of power inverters
Nov 16, 2018 (WiC 432)

What turns a country into a superpower? In economic terms nations that produce the most goods and services have an edge, or those that can amass the most capital to spend on them. Another factor is how successfully a country can generate and ...

How foreign petrol stations will compete in China
Oct 5, 2018 (WiC 427)

Two cars drive into a Gulf Oil filling station. They are 105 years and two continents apart. One driver admires the station’s pagoda-shaped design, and the other the cheap fuel on sale. Which motorist was living in the US in 1913 and which one ...

PetroChina has turned to Qatar for LNG imports
Sep 21, 2018 (WiC 425)

Such is the oil boom in Texas that the state would count as the fourth largest member of OPEC if it were a member country, behind Saudi Arabia, Iran and Iraq. Indeed, the Lone Star state could pump more oil than Iran and Iraq next year, HSBC has ...

Netizen concern over nuclear deal with Moscow
Jun 22, 2018 (WiC 414)

When a reactor blew up at Chernobyl in April 1986, the Russian authorities sent in firemen with shovels to clear radioactive debris from the plant’s roof. The men wore thin paper masks to protect themselves from the fallout. When their skin ...

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