Oil giant Sinopec buys Calgary-based Daylight Energy for $2.2B
By Stephen Ewart, Calgary Herald, October 10, 2011
The aggressive push by China’s state-backed energy companies into the Canadian oilpatch continued Sunday when Sinopec International Petroleum agreed to pay $2.2 billion for Calgary-based conventional oil and gas producer Daylight Energy Ltd.
With thirst for LNG, it’s all about China: Encana exec
Rebecca Penty, Calgary Herald, October 5, 2011
Despite all the talk about Japan switching from nuclear energy and potentially requiring large amounts of natural gas for power, China is still the hungriest Asian market.
Enter North American liquefied natural gas.
Window on Asian gas exports closing fast, Shell warns
Shawn McCarthy, Globe and Mail, Sep. 18, 2011
OTTAWA— Royal Dutch Shell PLC (RDS.A-N61.65-1.50-2.38%) is raising the stakes in the country’s contentious energy debate, warning that Western Canada’s shale gas boom will be short-lived without an urgent push to access Asian markets.
Crumbling coal demand signals slowing Asian economy
David Ebner, Globe and Mail, Sep. 21, 2011
VANCOUVER— Demand for coal, a key ingredient in steel-making, is faltering, a worrisome sign that industrial activity in Asia - a major driver of global growth - has weakened.
Enbridge's push to the Pacific wins support from China
Nathan VanderKlippe, Globe and Mail, Sep. 01, 2011
CALGARY— Enbridge Inc. (ENB-T32.46-0.04-0.12%) has quietly garnered support from a powerful group of foreign interests for its controversial Asian export pipeline, as Chinese investors in Canada’s oil sands become increasingly bold in their ambitions to bring Canadian crude across the Pacific.
China’s CNOOC to buy OPTI Canada for $2.1-billion
Carrie Tait, Globe and Mail, Jul. 20, 2011
China has agreed to make another multibillion-investment in Canada’s oil sands, this time striking a deal to buy OPTI Canada Inc., the struggling energy company that filed for bankruptcy protection last week.
Power struggle ends Encana, China gas deal
NATHAN VANDERKLIPPE and CARRIE TAIT, Globe and Mail, Jun. 21, 2011
A multibillion-dollar natural gas deal between Encana Corp. and PetroChina International Investment Co. Ltd. has foundered amid unresolved issues over how to oversee the joint venture’s efforts to pull massive volumes of natural gas from the forest and muskeg of northeastern British Columbia.
Billions in Chinese investment hinge on pipeline capacity
By Chris Varcoe, Edmonton Journal, Postmedia News, May 30, 2011
We need fossil fuels, Alberta delegation to Shanghai told
Chinese group makes billion-dollar bet on B.C. coal
DAVID EBNER, Globe and Mail, Mar. 30, 2011
A Chinese group is making a $1-billion bet on coal in British Columbia to secure a key raw material for its steel making industry, the latest in a series of moves this year by international companies to stake a claim on Canadian resources.
Thousands of jobs forecasted for Chinese northern B.C. mining plan
Gordon Hoekstra, Prince George Citizen, March 29, 2011
Two Chinese coal companies and a steel maker are working with a Chinese company based in Vancouver to develop hundreds of millions of dollars worth of unique underground mines in northern B.C. that will provide thousands of jobs.
China pays $5.4-billion for B.C. gas play
Nathan Vanderklippe, Carrie Tait, Andy Hoffman, Globe And Mail, Feb. 09, 2011
PetroChina International Investment Co. Ltd. (PTR-N135.04-0.24-0.18%) has agreed to pay $5.4-billion in a natural gas investment with Encana Corp. (ECA-T30.45-0.28-0.91%) that promises to be the largest Chinese investment in Canadian energy assets.
US should exercise green power
Kevin Gallagher, guardian.co.uk, 6 January 2011
Instead of turning China's successful renewable energy industry into a trade row, the US should be boosting its own
To kick off 2011, the Obama administration has had the audacity to file suit at the World Trade Organisation (WTO) against China's policies to build green technologies.
Russia-China oil pipeline opens
BBC News, 01 January 2011
The first oil pipeline linking the world's biggest oil producer, Russia, and the world's biggest consumer of energy, China, has begun operating.
Nations That Debate Coal Use Export It to Feed China’s Need
By ELISABETH ROSENTHAL, New York Times, November 21, 2010
Even as developed countries close or limit the construction of coal-fired power plants out of concern over pollution and climate-warming emissions, coal has found a rapidly expanding market elsewhere: Asia, particularly China.
In Crackdown on Energy Use, China to Shut 2,000 Factories
By KEITH BRADSHER, New York Times, August 9, 2010
HONG KONG — Earlier this summer, Prime Minister Wen Jiabao of China promised to use an “iron hand” to improve his country’s energy efficiency, and a growing number of businesses are now discovering that it feels like a fist.
China Ignites Global Coal Market
By SHAI OSTER, Wall Street Journal, May 4, 2010
BEIJING—China's growing appetite for imported coal has ignited coal prices and fueled deal making on the belief that the country, once a major coal exporter, will be a long-term buyer of foreign coal.
Alberta welcomes more Chinese oil sands investment, Stelmach says
By Aileen McCabe, Canwest News Asia Correspondent, Calgary Herald, May 18, 2010
Premier says China clearly on radar for Canada's energy sector
BEIJING — When Premier Ed Stelmach said in Shanghai this week, "our doors are open," it was a clear invitation for more Chinese investment in Alberta's oilsands.
China's reach into Alberta oilsands signifies resource's vital role
By Deborah Yedlin, Calgary Herald, May 14, 2010
CALGARY - In the days following the initial public offering of Athabasca Oil Sands, the chatter at the many fundraising events around town centred on which company would be next to do a deal with a Chinese entity — whether an operating oil and gas concern or with a sovereign wealth fund. The consensus view was when, not if.
China pumps more investment into Alberta oilsands
JASON FEKETE, Calgary Herald, May 13, 2010
CALGARY — China is bolstering its stake in Alberta's oilsands, just as Premier Ed Stelmach jets to Asia to improve relations with the communist country that's increasingly eyeing the province's bitumen bounty and the shifting geopolitics of energy.
Athabasca Oil Sands tanks
Andrew Willis, Globe and Mail, April 8, 2010
Athabasca Oil Sands debut on public markets Thursday was a disaster, with the much-hyped energy company IPO selling off sharply in its first day of trading.
Ottawa puts up barrier to Sinopec bitumen exports
Shawn McCarthy, Globe and Mail, Apr. 14, 2010
Ottawa says it will use its regulatory power to stop Chinese state-controlled Sinopec from exporting raw oil sands bitumen and refining it abroad to take advantage of looser climate-change rules.
Athabasca IPO could hit oilsands record
By Dan Healing, Calgary Herald, March 20, 2010
Athabasca Oil Sands Corp. will go public in one of the highest-priced initial public offering in oilsands history, according to pricing released after markets closed Tuesday.
China: 'no intention' of capping emissions
By Lan Lan, China Daily, 2010-Feb-25
But country 'still committed' to reducing carbon intensity
China has no intention of capping its greenhouse gas emissions even as authorities are committed to realizing the nation's target to reduce carbon intensity through new policies and measures, the country's top climate change negotiators said yesterday.
China prepares for an ice-free Arctic
Stockholm International Peace Research Institute (SIPRI), March 1, 2010
For immediate release (Stockholm/Oslo)
China is preparing for the Arctic being navigable during summer months. An ice-free Arctic would provide China shorter shipping routes, possible access to natural resources and the incentive for closer cooperation with Arctic nations, especially the Nordic countries. But it also raises the possibility of new international tensions, according to a new SIPRI study launched in Oslo today.
