Nuclear power could account for 30 per cent of Guangdong province's total power supply by 2015, up from less than 10 per cent today, said a senior industry executive. Zan Yunlong, chairman of Guangdong Nuclear Power Group, said that the province's power capacity could reach 10,000MW by 2015. Nationally, nuclear power accounts for just 1 […]
Category: Energy & Environment
Shanghai has started construction of a US$360m gas grid and industry executives are talking to BP and Royal Dutch/Shell about investing in it, reported Shanghai Daily. The grid, which should be completed by 2004, will distribute natural gas from the East China Sea and from the huge crosscountry pipeline that is also currently being built. […]
Luliang oilfield has become the third field in the Junggar Basin in the far west of the country to produce more than 1m tons of crude oil a year, according to officials at the Xinjiang Oilfield Co. Daily production at Luliang has increased from 1,000 tons in June last year to the present 3,000 tons. […]
This year's floods had killed 793 people nationwide by July 8, according to Ministry of Civil Affairs figures. Flooding had affected 100m people in 24 of China's 31 provincial level authorities. Of these, the worst affected were Shaanxi, Fujian, Hunan, Sichuan, Chongqing, Guangxi, Hubei, Jiangxi and Guizhou. In all, the floods destroyed more than 8m […]
Taiwan’s state-run Chinese Petroleum Corp (CPC) and its mainland counterpart, China National Offshore Oil Corp, have signed an agreement to jointly explore for oil in an area of the Taiwan Straits, Reuters reported. They have agreed to invest a total of US$25m in a joint venture to look for oil in the Chaoshan block about […]