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China cuts gasoline, diesel prices

China will lower gasoline and diesel prices by 190 yuan (27.8 US dollars) per tonne from Wednesday, the National Development and Reform Commission (NDRC) announced Tuesday.

-	China cuts gasoline, diesel prices
-	Sinopec, BASF expand YPC project
-	Sinochem to acquire Australia's Nufarm
-	Nuclear power project in Shandong approved
-	China likely to cut energy use per unit of GDP by 5% this year
-	Duke Energy, ENN in clean energy venture
-	CIC invests US$1.9b in Indonesian coal miner
-	China starts building major oil reserve
-	PetroChina's Dushanzi refinery starts operations
-	CLP Power nuclear electricity supply contract to extend 20 years
-	Daqing Oilfield vows to maintain prominence for 50 more years
-	National center to back up hydropower development
-	Rudong to set up more clean power projects
-	Huaneng Power gets local bank funding for buy
-	China mulls raising wholesale hydropower electricity prices

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Sinopec, BASF expand YPC project

BASF and Sinopec announced they plan to invest proximately US$1.4 billion in the second phase of the integrated petrochemical site (IPS) project of their joint venture, BASF-YPC Co Ltd (BYC).

Sinochem to acquire Australia's Nufarm

Sinochem Corp (Sinochem), the country's leading agrochemicals producer, Monday said it agreed in principle to buy Australia's Nufarm Ltd for A$2.8 billion, in a move to expand its farm chemicals business overseas.

-	Nuclear power project in Shandong approved
-	China likely to cut energy use per unit of GDP by 5% this year
-	Duke Energy, ENN in clean energy venture
-	CIC invests US$1.9b in Indonesian coal miner
-	China starts building major oil reserve
-	PetroChina's Dushanzi refinery starts operations
-	CLP Power nuclear electricity supply contract to extend 20 years
-	Daqing Oilfield vows to maintain prominence for 50 more years
-	National center to back up hydropower development
-	Rudong to set up more clean power projects

-	Huaneng Power gets local bank funding for buy
-	China mulls raising wholesale hydropower electricity prices
-	Shanghai Electric boosting capacity
-	Yanzhou Coal amends Felix takeover plan
-	Accumulative power consumption rises for 1 time this year
-	Daqing Oilfield to triple natural gas production
-	China nuke size set to rise to 134GW
-	China: a new model in overseas oil strategy
-	Sinopec to double oil refining size
-	Wind may prop China's power rush

-	China's green technology market to attract huge investment
-	OPEC maintains oil output quota
-	Solar power theme set for 2009 energy fair
-	Excess price accusations denied
-	CNPC gets US$30b to fund acquisitions
-	Shell, Shenhua to jointly research clean coal technology
-	CITIC Resources Holdings plans expansion
-	CNOOC gas field starts production in South China Sea
-	Oil remains flat as holiday weekend approaches
-	China to boost coal bed methane extraction

-	China Everbright gets ADB funding
-	National strategic coal reserve plan to be implemented
-	CNOOC inks deal with Qatar to explore offshore block
-	PetroChina in oil sands deal
-	UAE oil firm to relax curb on supplies
-	Oil price scheme stays intact
-	Canada's Athabasca to sell oilsand stake to PetroChina
-	Sinochem to bid for Iraqi oil assets
-	Large solar power program starts in Hubei
-	China's 1st large coal-to-gas project under construction

-	Large solar power program starts in central China
-	PetroChina's 1H net profit slides 7.2 percent
-	Gasoline, diesel prices likely to go up again
-	BP divests Ningbo LPG assets
-	CNOOC 1H net profit falls 55% on lower crude oil prices
-	China to address overcapacity in emerging sectors
-	Yanzhou Coal sees net profit fall in Q3
-	China paving the way in green energy
-	China paving the way in green energy
-	CBM producers might see favorable policies

Bank of China Quotations

July 7-12 China Shenyang Int'l Auto Industry Expo
July 9-12 Qingdao China Int'l Consumer Electronics Show
July 15-18 Shanghai Int'l Machine Tool Fair
July 29-31 Shanghai Int'l Sporting Goods Expo

June 7 Tokyo 2nd China-Japan High-Level Economic Dialogu

June 30 Shanghai 2009 Automotive Engine Technology Seminar

September 8-12 Xiamen China Int'l Fair for Investment and Trade

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