Archive for January, 2008
China, New Zealand to ink FTA deal in April
China and New Zealand will sign the Bilateral Free Trade Agreement (FTA) in April, the Ministry of Commerce announced Thursday. The two countries had reached consensus on major issues in their FTA negotiations and both ... Read More
Coal shortage causes short supply of power in China
China now faces a 69.63 million kilowatt electricity supply shortfall, and a total of 13 provincial level power grids have been temporarily switched off to limit power usage, the People’s Daily reported. The Central ... Read More
Supply of power in China
China now faces a 69.63 million kilowatt electricity supply shortfall, and a total of 13 provincial level power grids have been temporarily switched off to limit power usage, the People’s Daily reported. The Central ... Read More
Sinopec processes 6.3% more crude oil
Sinopec Corp, Asia’s largest refiner, processed 6.3 percent more crude oil last year, after the government called for local plants to boost production. The Beijing-based company processed 155.6 million tons of crude ... Read More
China donates US$500,000 humanitarian aid to Somalia
Nairobi — Chinese government donated US$500,000 humanitarian aid to Somalia through the World Health Organization (WHO) in Nairobi Tuesday. China and Somalia enjoy cordial relationship, and the friendship cherished ... Read More
Sinopec crude oil output up 2.27% in 2007
China Petroleum and Chemical Corporation (Sinopec) announced on Monday that its crude oil output reached 291.67 million barrels last year, up 2.27 percent from 2006. According to unaudited figures released by Sinopec, it ... Read More
Egypt detains 26 Muslim Brotherhood members
Egyptian security authorities on Monday arrested 26 members of the outlawed Muslim Brotherhood movement in the Mediterranean port city of Alexandria, the official MENA news agency reported. The Muslim Brotherhood members ... Read More
China signs new FTA agreement
China has signed a new free trade area (FTA) agreement, sources with the Ministry of Commerce disclosed at a national commerce working conference on Saturday. Commerce Minister Chen Deming said that China has so far signed ... Read More
CNPC looks to large refineries for growth
The expected operation of four refineries each with a processing capacity of 10 million tons or more will greatly boost the growth of China National Petroleum Corporation (CNPC) in 2008, said a senior official of the ... Read More
Gov’t of Central African Republic resigns
The Central African Republic’s Prime Minister Elie Dote and his government resigned Friday, according to news reaching here. “The president has just received and accepted the resignation of the prime minister ... Read More
CNPC assets hit 1.54 trln yuan, up 7.1%
The assets of China National Petroleum Corporation (CNPC) hit 1.54 trillion yuan ($212.4 billion) at the end of 2007, up 7.1 percent year on year. At an annual work meeting in Beijing on Thursday, Zhou Jiping, CNPC deputy ... Read More
BP signs clean energy deal with China
British Petroleum (BP) announced it had signed a series of agreements with China on Friday, including those in clean energy and wind power generation, during British Prime Minister Gordon Brown’s visit to ... Read More
CNPC assets hit 1.54 trln yuan, up 7.1%
The assets of China National Petroleum Corporation (CNPC) hit 1.54 trillion yuan ($212.4 billion) at the end of 2007, up 7.1 percent year on year. At an annual work meeting in Beijing on Thursday, Zhou Jiping, CNPC deputy ... Read More