Energy & Offshore
No ratings impact for HKCG's increased TCCL stake
HCKG’s acquisition of another 10.21 per cent of Towngas China Company has no impact on either company's ratings.
No ratings impact for HKCG's increased TCCL stake
HCKG’s acquisition of another 10.21 per cent of Towngas China Company has no impact on either company's ratings.
China Gas inks US$200mln loan facility with Asian Development Bank
The company to use proceeds to expand its city gas projects using China’s 2.46tin cubic meters natural gas reserves.
SK E&S increases stake in China Gas
The South Korean natural gas operator currently holds 9.44% of the issued shares of China Gas.
Electrical & Mechanical Services Trading Fund reports $4bln revenue
The trading fund expects its business to remain steady as its post return on revenue at 11.8%.
EPI and SinoPec start delivery of drilling equipment
Drilling machinery and equipment expected to arrive at Buenos Aires in early October.
PetroChina profit up at $4.82bln
Despite earning from producing 439.1 million barrels, oil producer still missed forecast.
CLP now India’s largest wind developer
CLP's subsidiary in India will develop a 39.6 MW wind farm at Harapanahalli in the Davanagere district of Karnataka.
NAR strikes long term deal with Sinosteel Trading
Strategic partnership aimed to broaden channel for the iron ore product sales.
2 China energy firms eye $2bln in IPOs
China Huaneng Group and Datang bank on Hong Kong market's appetite for renewable energy listings.
CLP promotes low-carbon living among youth
Ten shortlisted teams of secondary students presented their achievements of promoting low carbon living for CLP’s “Young Power Award”.
Hong Kong’s largest solar power system gets commissioned
The largest solar power system in Hong Kong has been commissioned by HK Electric. Located on Lamma Island, the system is expected to generate 620,000...
NAR plans to acquire two Mongolia iron mines
Iron ore reserves are expected to be 79,000,000 tonnes to maximise synergy and enhance shareholders’ value.
Doxen Energy finds coal mining as growth driver
Company moves forward with coal mining operations after suffering 53.7% decrease in revenue and HK$12mln loss. Doxen Energy Group Limited (“Doxen...
Brazilian companies plan Hong Kong Listing
Hong Kong Exchange 2-year plan includes attracting new international listings in metals, mining and energy industries.
Mongolia Energy Corporation incurs loss at $317mln
Company was able to get unrealized fair value gain of HK$62.7mln and realized gain of HK$10.1mln.
Everbright International improves alternative energy business
China Everbright Alternative Energy Investment has already garnered 14 projects.
Beach-goers fear oil spill at Hung Shing Yeh Beach
A red flag has been raised for the safety of swimmers at Hung Shing Yeh Beach in Islands District.