A new shale gas development deal has been signed between an American firm and a Chinese petroleum firm. Texas-based Weir Group PLC and China's Shengli Oilfield Highland Petroleum Equipment Company Ltd. announced the formation of a joint venture to provide high-pressure well service pumps and related flow control equipment to the developing shale gas industry [...]

Environmentalists should take note of a new energy venture between a foreign and domestic firm in China. European petrochemical firm Total and the Chinese energy group China Power Investment Corporation announced their intention to build a coal-based petrochemical plant in China's Inner Mongolia. Total will bring to this partnership its expertise in the Methanol to [...]

The French-based environmental service provider Suez Environment has signed a framework agreement with Chongqing Energy Group on establishing a joint venture company in China.
According to the agreement, the JV between Suez Environment and the Chongqing Gas Group is to realize energy savings and emission reduction; improve energy utility efficiency; and promote the use of renewable [...]

The International Financing Corporation is offering financing of USD136 million for ENN Solar Energy, part of the Chinese XinAo Group, in an effort to help drive down global prices for solar-generated electricity.

Sinopec International Petroleum Exploration and Production Corporation, the wholly-owned subsidiary of China Petrochemical Corporation, has announced that it will acquire all the outstanding common shares of Canadian Tanganyika Oil Company, by way of a negotiated take-over bid for CAD31.50 per share in cash.

A Chinese engineering company has been granted a patent for an environmental-friendly way of gassifying and incinerating urban household garbage.