Archive for the 'China' Category



More protests in China, but this time not about the Olympics or Tibet, but a petrochemical plant. Residents took to the streets of a provincial capital over the weekend to protest against the multibillion-dollar plant which is backed by China’s leading state-run oil company.
The protest, against a $5.5 billion ethylene plant under construction by PetroChina […]

Chinese Buy Into BP

A Chinese government entity has acquired a sizable stake in BP, one of the world’s biggest oil and energy companies, for about $2 billion.
The investment is the latest indication that China, flush with cash from its booming economy and its huge currency reserves, is becoming an increasingly important global investor and that it has already […]

It’s been a long time in coming, but China has overtaken the US as the world’s “biggest polluter” of carbon dioxide.
According to a report to be published next month by a team from the University of California team, China’s greenhouse gas emissions have been underestimated, and probably passed those of the US in 2006-2007.

Even as the United Nations maneuvers toward a vote on expanded sanctions against Iran - which Beijing has reportedly approved - China’s main offshore oil and gas company is reported to have signed a $16 billion deal to develop an Iranian gas field.
In doing so, China is maintaining its position that it does not support […]

In an interesting development, China has called on the international community to observe the principles and framework of the Kyoto Protocol and the United Nations Framework Convention on Climate Change.
The appeal was made by Cao Bochun, vice director of the Environment and Resources Protection Committee of the Chinese National People’s Congress. “As a precondition of […]





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