There is recent news out of China that the government there is going to raise the prices of gasoline and diesel by 16% and 18% respectively. Now a 16% rise in gasoline prices sounds like a lot, and in many economic markets it is, but in the case of oil markets things are always more [...]
Minister of Economic Affairs Yiin Chii-ming said yesterday that a new round of fuel price hikes will be announced July 1, effective from the following day.
The new round of hikes is a natural effect of the floating mechanism for adjusting local fuel prices, Yiin said during a session at the Legislative Yuan.
Tags: Fuel, gasoline, oil, [...]
The jump in China’s state-controlled fuel prices will inevitably squeeze consumers at both filling stations and grocery stores. But analysts say the hike is unlikely to make an immediate or huge dent in the country’s hunger for oil.
China’s economy is booming, and people are buying cars and air conditioners as their incomes grow. There is [...]
China’s fuel price rise may increase its demand for crude oil as refiners ramp up output to take advantage of higher processing profits, said reports from Lehman Brothers Holdings Inc. and Goldman Sachs Group Inc.
The changes will push up crude demand while reducing the country’s imports of fuels, said Lehman Brothers analysts Adam Robinson and [...]
Aluminum Corp of China Ltd (Chalco), a leading metal manufacturer in the country, forecasts its net profit for the first half of this year may drop more than 50% mainly due to the surging production costs.
Chalco said the company’s net profit during the first six months may also be eroded by the devastating snowstorms earlier [...]
Start Date
28-OCT-08
End Date
31-OCT-08
Venue
City / State
Country
Shanghai New International Expo Centre
Shanghai/Shanghai
China
Event Profile:
PTC Asia is devoted to providing a valuable forum for owner/operating companies committed to retaining generating assets and/or acquiring new capacity. The exhibition showcases the latest technologies and services available for the power industry.
Tags: coal, Energy, Exhibitions, Fuel, Shanghai
