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China's Oil, Petrochem Sector Faces Tough Challenges

The 13th Five-Year Plan (2016-2020) for the petroleum and petrochemical industry will focus on eliminating obsolete capacity and raising coal chemical output. Excess capacity will be the sec

9-17-2014 11:37:33

Asia PX Oversupplies

This year is special for PX industry, because Asia PX has turned from excessive demand into oversupply. Though China market still maintained a huge demand gap with the dependence degree on i

9-16-2014 17:23:36

Datang Power Generation Overwhelmed Stripped of its Thin Coal Chemical Business Plan

Datang Power (00991.HK) tries to divest its coal chemical business, which is a huge asset size and poor profitability.

9-10-2014 16:05:34

China, Mongolia Clinch $532 Million Thermal Plant Deal

China’s Harbin Electric International Company Limited, a leading power infrastructure construction firm, signed a $532 million cooperation agreement with a Mongolian company on thermal pow

9-3-2014 16:51:04

China Jan-Jul Coal Industry Profit Slumps

Profit of China’s coal mining and washing industry plunged 43.9% from the same period last year to CNY67.44 billion over January-July this year, showed data from the National Bureau of Sta

9-3-2014 16:50:33

China Jul Coke Production Down 2.1 Pct on Mth

China’s coke production decreased 2.1% from June to 40.24 million tonnes in July, but increased 2.8% year on year, showed data released by the National Bureau of Statistics (NBS) on August

9-3-2014 16:50:18

NDRC to Save Coal Market

In this week, National Development and Reform Commission held a meeting with such large enterprises as the top five power generation groups as well as Shenhua Group in order to convey the gu

9-3-2014 16:49:11

Bohai-rim Steam Coal Offered at CNY506/t after Drop for Seven Consecutive Years

On July 16, Bohai-Rim Steam-Coal Price Index (BSPI) closed at CNY506/t, down by CNY7/t week on week.

9-3-2014 16:44:53

Shaanxi to Lower Charges on Coal Transport by Freeway

Shaanxi province, the third largest coal producer in China, decided to start a three-month trial implementation of a policy on exempting and reducing fees for coal transport by highway, acco

9-3-2014 16:43:56

China Jan-Jul Coal Industry FAI Drops by 5 pct

Fixed-asset investment China’s coal industry dropped 5% compared to the year-ago level over January-July this year, mainly due to persisting weakness of the coal market, the latest officia

9-3-2014 16:40:26

China’s Natural Gas Demand Decreased by 4.7% MoM in June

Based on the figures from Platts on July 29, China’s apparent natural gas demand in June was 13.91 billion m3 in total, with a year-on-year growth of 7.9% but a month-on-month decrease of

9-3-2014 16:35:50

China Q2 GDP Growth Accelerates to 7.5 pct

China’s GDP expanded by 2% in the second quarter from the previous quarter in 2014, giving the country a 7.5% increase on an annual basis from the previous quarter's 7.4%, according to the

9-3-2014 15:42:55

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