Blog > Archive by tag 'sinopec'
“Starting at midnight tonight… diesel and gasoline prices will rise 1,000 yuan ($145.39) per metric ton.” — Stephanie Grimmett
by Stephanie Grimmett
Baltimore — (TFN): Chinese fuel companies are breaking out on news that the country’s government will raise fuel prices at midnight tonight.
PetroChina (PTR:NYSE), the country’s largest oil producer, is up 4.8% in morning trading. And [...]
Tags: biodiesel, ceo, china, cnooc, gallon, gasoline prices, gu, gushan, NYSE, oil refineries, PetroChina, PTR, sinopec, SNP
Baltimore — (TFN): China is shutting down or idling polluting industries during the Olympics. That spells trouble for their already beleaguered Q3 balance sheets: The podcast for our latest TFN Amberger’s Smackdown can now be downloaded to your iTunes or PodcastAlley.com accounts.
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Baltimore — (TFN): Government subsidies come in more shapes than animal crackers. There are tax breaks, trade protection, trade promotion, labor subsidies, production, procurement and consumption subsidies. And then there are debt guarantees like airline industry loans, student loans, small business administration loans, or government-backed mortgages.
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Consider China the mother of all direct [...]
Baltimore — (TFN): China is shutting down or idling polluting industries during the Olympics. That spells trouble for their already beleaguered Q3 balance sheets!
View this video now!
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"Both Iran and China could take their toys and go home at any moment in today's political climate. And that huge oil and natural gas contract is based on the idea that China will keep growing enough to consume energy at a faster rate each year." — Stephanie Grimmett
by Stephanie Grimmett
Baltimore – (TFN) Energy [...]
Tags: beijing olympics, china, china oil, china petrochemical company, iran, liquid natural gas, natural gas, oil, olympics 2008, sinopec, sinopec (SHI: Nyse), yadavaran oil field
"For seven years a border dispute has stopped the drilling in what the United State Geological Survey calls 'the second-largest unexplored oil reserve in the world.' But over the summer, the United Nations was able to hand down a ruling that averted a war and will benefit all parties. As I write this, seismic explorer [...]