China has ordered civil servants to go without their cars, climb stairs and give up air conditioning for a day as part of an energy-saving awareness campaign, international media reported. The one-day ban targets the 7 million civil servants in the country that consume about 5% of the country's total electricity every year, about the […]
Category: Energy & Environment
Categories
Oil imports up 19%
Crude oil imports rose sharply in May due to increasing demand from refiners and a low base in the corresponding month last year, customs figures show. China imported 12.39 million tons of crude last month, or 2.93 million barrels per day, up 19% on May 2005. In April imports fell 1.8% from a year earlier […]
China may be considering a new energy policy that would encourage use of ethanol in an effort to clean up ever-poorer air quality, the Financial Times reported. Fabrizio Zichichi, head of ethanol at commodities trader Noble Group, said he was told by Beijing policy-makers that the country could set a target by the end of […]
More than 191 tons of dynamite, detonated in less than 12 seconds, blew up the cofferdam protecting the Three Gorges Dam, which will now begin to control floods along the Yangtze River. The "world's greatest blast" created giant waves and hid the main dam in a cloud of mist and smoke. State media reported the […]
Sinopec Shanghai Petrochemical suspended trading in Shanghai Wednesday without explanation, and followed that up with a similar suspension in Hong Kong more than an hour later. The Hong Kong suspension came after H-shares surged 13% following the Shanghai halt as investors speculated in anticipation of a buyout announcement. Parent company China Petroleum & Chemical, better […]