Chinas state-owned Sinopec on Monday established a new engineering company that will focus on refinery and petrochemical projects, as it aims to secure more construction work in the country and overseas. Sinopec Engineering (Group) Co. was...

Sumitomo Chemical Co Ltd withdrew its plan to build an LCD panel material plant in China amid falling demand for LCD televisions, the Nikkei reported. The company now plans to invest in developing OEL (organic electroluminescence) panel mat...

China interested in construction of oil pipeline Kazakhstan-Kyrgyzstan-China and the gas pipeline from Turkmenistan through the South of Kyrgyzstan. The September 2, 2012, following meetings with the Chinese side in Urumqi said the Acting M...

Korenix JetNet switches and JetBox embedded computers have recently been used by a Chinese Gas Power Generating company to provide precise data transfer and maintenance of its overall system. The Modbus TCP/RTU gateway function enabled JetB...

Financial Results Revenue Revenue for Q2-2012 was $7.1 million, an increase of $0.3 million, or 5%, from $6.8 million for Q2-2011. Revenue for the six months ended June 30, 2012 was $14.5 million, an increase of $1.2 million, or 9%, from $1...

Tsuji Heavy Industries Jiangsu begins construction the first of two LNG-powered 5,000 dwt vessels for NOR Lines. The contract to build the two 5,000 dwt vessels was signed in October 2011 and construction has now begun with owners represent...

Chinese oil giant CNOOC plans to raise up to US$10 billion in bank loans and by issuing bonds to finance its takeover offer for Canadas Nexen, the largest overseas acquisition by a Chinese company. People familiar with CNOOCs capital-raisin...

Summary China is set to own up to 13 per cent of UK oil production if two new energy deals succeed. Detail On 26 July, China National Offshore Oil Corporation (CNOOC) bid $15.1bn for Canadas Nexen, and Sinopec bid $1.5bn for a 49% stake in...

Chinas finance ministry is drafting state subsidies for shale gas that will likely be much higher than those for coalbed methane (CBM), ranging from RMB 0.26 ($0.04) to RMB 0.3 ($0.05) for every cubic meter (cm) produced, a source close to...

On August 20th 2012, SMK, a financial research institute in China, released the latest Chinas Financial Market Investment Report. The report stated that: China will introduce a slew of financial opening policies. Foreign capital will be abl...