In Focus
CNOOC profit plunges on rising costs
CNOOC profit plunges on rising costs
China National Offshore Oil Corporation said its net profit for the first-half of the year fell 19% to RMB 32 billion.
India’s Madras Atomic Station to resume operations
Two reactors of the Madras Atomic Power Station are scheduled to be restared by end of August.
Thai firm opposed from buying hydropower from Laos
Thai villagers are blocking the Electricity Generating Authority of Thailand from buying electricity to be generated by a hydropower dam being built in Laos.
Canada and China to boost bilateral energy investments
Canada estimates that foreign investments in its booming energy sector could hit US$500 billion over the next decade.
Laos hydropower plant to join Vietnam’s grid
The 260-MW Xekaman 3 hydropower plant in Laos will start operations in September and annually provide around 980 million kWh to Vietnam's power grid in Danang City.
China's energy use down slightly by 2% in 2011
China’s energy use per unit of GDP dipped only 2% last year compared to its goal of reducing its energy use by 16% by 2015.
Chinese to invest US$1 billion in Texas clean energy plant
Chinese investors expect to close one of the biggest investments by China in the U.S. power sector in September.
Essar Oil hit by US$252 million net loss
India's second biggest private oil refiner reported a US$252 million net loss in the June quarter from a US$84.3 million net profit year-on-year.
China's wind power capacity sees substantial growth
China's on-grid wind power capacity reached over 50 gigawatts helping its entire wind power sector to witness substantial growth.
Bangladesh, Russia finalize nuclear power plant deal
The financing agreement for Bangladesh's Rooppur Nuclear Power Plant has been finalized with Russia.
China invests US$239b in energy and resource projects
This accounts for 71% of China's outbound direct investments from 2005 to 1H12.
India's Tripura poised to export power
A 730 mw power project in Tripura is expected to help reduce the power crisis issues in India's north-eastern states.
Companies begin 30-year search for coalbed methane
CNOOC, Ltd will invest US$1.56 billion in a wide search for coalbed methane in China.
Vietnam ensures nuclear plant safety
Vietnam will utilize the latest technological to meet the highest possible safety standards for its first nuclear power plant.
Alstom continues hydro power projects in China
French power generation company Alstom will invest up to US$123 million in hydro power projects in China.
Japan's 15% nuclear option gets public support
The Japanese government's option of reducing atomic energy to 15 percent by 2030 is winning public favor.
India’s “Black Tuesday” victimizes 670 million persons
The biggest blackout in Indian history has turned into the biggest blackout in world history.