In light of a new corruption probe among high-level Chinese government officials, a U.S.-based law firm says it is now investigating securities claims against PetroChina Company Ltd. Greater China media are reporting on a corruption probe into former security chief and mainland China Politburo Standing Committee member Zhou Yongkang. The proble will reportedly cover Zhou's […]
01 July 2013
American singer Jennifer Lopez has been criticized for participating in an event sponsored by the China National Petroleum Corporation held in Turkmenistan. According to media reports, Lopez claims she was blissfully unaware of human rights complaints about the country from groups such as Amnesty International. During the musical event hosted by CNPC, she reportedly also […]
25 February 2012
GE's ecomagination-qualified Jenbacher gas engines will power China's largest landfill gas power generation project. The Laogang LFG project is owned by Laogang Renewable Energy Company, a joint venture formed by Veolia and Shanghai Environment Group, and supports the Chinese government's 12th Five-Year Plan, during which China plans to invest more than CNY260 billion in the […]
30 November 2010
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 […]
18 November 2010
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 […]
09 October 2009
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 […]
11 November 2008
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.
06 October 2008
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.
01 September 2008
A Chinese engineering company has been granted a patent for an environmental-friendly way of gassifying and incinerating urban household garbage.