China's third largest oil producer, CNOOC, has signed a deal with Royal Dutch/Shell to build a US$4.3bn petrochemicals plant in Guangdong province's Daya Bay Economic and Technological Development Zone. Construction of the project, owned 50-50 by the partners, will start in early 2003 and should be completed in the third quarter of 2005. The plant […]
Category: Energy & Environment
Russia and China have agreed to build a pipeline to carry natural gas from east Siberia to the Bohai Bay region of northeast China. The announcement was made by Russia's vice-minister of energy at a forum of the Shanghai Co-operation Organisation, which consists of China, Russia and four central Asian states. Russia is also planning […]
The central government has approved a plan to build two huge hydropower plants on the upper reaches of the Yangtze River on the border region of Sichuan and Yunnan provinces. They will have a combined generating capacity of 18.6m kilowatts, slightly more than that of the Three Gorges project. Compared with previous projects in China, […]
The South African fuel company Sasol is in talks with the Chinese government over a US$2bn-US$4bn project to turn central China's vast coals reserves into petrol and other liquid fuels. The Financial Times said Sasol had not decided whether to invest directly in the project or to license its technology to the Chinese. However, chief […]
A total of Yn44.5bn is to be spent on cleaning up Guangdong's Pearl River, said Xinhua. The money will go towards building wastewater processing plants and other schemes for cleaning up the river and its tributaries. The province has identified 175 firms that are considered a serious threat to the river's water quality and they […]