Tag Archive

MHPS Wins Order for Two H-25 Gas Turbines in China

MHPS Wins Order for Two H-25 Gas Turbines in China

May 23, 2018 No Comments

Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has received an order for two H-25 gas turbines for a thermal power station being built by China Resources Power Group, a leading power provider in China, in Taixing City, Jiangsu Province. The units on order will form the core equipment of a double-train 80 megawatt (MW) class gas […]

The Most Underappreciated Story In The Oil Market

The Most Underappreciated Story In The Oil Market

May 15, 2018 No Comments

The world is currently watching the growing tensions in the Middle East, and oil market analysts are guesstimating just how much Iranian oil supply the renewed U.S. sanctions could stifle. Yet, the biggest story in oil markets this year may well take place far from the much-publicized tensions in the Middle East – namely China’s […]

China’s home-grown large amphibious aircraft AG600

China’s home-grown large amphibious aircraft AG600

May 14, 2018 No Comments

The China-developed AG600 large amphibious aircraft is expected to be delivered to customers by 2022, says manufacturer the Aviation Industry Corporation of China (AVIC). “After its successful maiden flight in December last year, we are planning a ferry flight from its research base in Zhuhai to Jingmen, central China’s Hubei Province, in July,” said chief […]

BP and NIO Capital to explore opportunities

BP and NIO Capital to explore opportunities

May 14, 2018 No Comments

BP and NIO Capital announced they have signed a memorandum of understanding (MOU) to establish a long-term partnership to jointly explore opportunities in advanced mobility in China and internationally. This is expected to include potential investment opportunities in areas including electric vehicles, new energy infrastructure, intelligent automotive systems, connected vehicles and new materials including batteries, […]

Nissan and INFINITI announce sales results for April, 2018

Nissan and INFINITI announce sales results for April, 2018

May 8, 2018 No Comments

In China, Nissan reported double-digit growth for its passenger vehicle and light commercial vehicle businesses in April. Sales by Nissan China and its passenger vehicle businesses – Dongfeng Nissan and Dongfeng Venucia – rose 18.9% from a year earlier to 125,219 vehicles and 19.7% to 103,130 vehicles, respectively. The light commercial vehicle business – Dongfeng […]

CNOOC and Shell joint venture starts production

CNOOC and Shell joint venture starts production

May 2, 2018 No Comments

China National Offshore Oil Corporation (CNOOC) and Shell Nanhai B.V. (Shell) today announce the official start-up of the second ethylene cracker at their Nanhai petrochemicals complex in Huizhou, Guangdong Province, China. Several linked derivative units have also started up and the remaining units will start up progressively over the next few weeks. These new units […]

CNOOC Announces Changes in Directors

CNOOC Announces Changes in Directors

May 2, 2018 No Comments

CNOOC Limited (the “Company”, SEHK: 00883, NYSE: CEO, TSX: CNU) announced changes in directors of the Company. Mr. Wang Dongjin has been appointed as a Non-executive Director and a member of the Remuneration Committee of the Company. Mr. Wu Guangqi has resigned as a Non-executive Director and a member of the Remuneration Committee of the […]

Machike-Tarujabba oil pipeline contract

April 10, 2018 No Comments

Inter State Gas Systems (Pvt) Limited (ISGSL) is likely to award contract for construction a 427 kilometers long Machike-Tarujabba oil pipeline during last week of the current month, which would be built in three segments. The company has received over 150 bids against a tender it floated last month for laying the pipeline. “The company […]

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FortisBC to export Canadian LNG to China

FortisBC to export Canadian LNG to China

April 6, 2018 No Comments

​China’s desire for liquefied natural gas is growing and China Energy Reserve and Chemicals Group is working with FortisBC to export Canadian LNG to help meet that demand. Twenty LNG containers are currently being filled for CERCG at FortisBC’s Tilbury facility and will set sail for China shortly. More LNG shipments are being planned throughout […]

U.S.  ‘trade war’ with China

U.S. ‘trade war’ with China

April 6, 2018 No Comments

The ongoing trade dispute between the United States and China has led both countries to announce billions of dollars’ worth of tariffs on each other’s products. China is the largest single exporter to the U.S. – more than $500 billion worth of Chinese goods entered the U.S. last year – and American tariffs on Chinese […]

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