www.cnegc.com
China New Energy is engaged in the development of natural gas distribution networks, the distribution of natural gas to residential and industrial customers in small- and mid-sized cities in China and the exploration and recovery of natural gas reserves
News
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26/11/10
China New Energy Group’s Q3 Revenue Dives 85% -
17/03/10
China New Energy expands presence in northern China’s gas market
Recent Sector News
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URS to buy Canada's Flint Energy for $1.25 bln
US engineering company URS Corp (NYSE:URS) said Tuesday it will buy Canadian oilfield services firm Flint Energy Services (TSE:FES) for $1.25 billion in cash, to expand its presence in the oil and gas sector.
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Enbridge fourth-quarter earnings grow slightly, raises dividend 15%
Pipeline and energy company Enbridge (TSE:ENB) Friday reported slightly higher fourth-quarter net earnings as it said it would increase its dividend by 15 percent.
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Encana seeks independent review of EPA Wyoming groundwater report
EnCana (TSE:ECA)(NYSE:ECA) said Monday there were serious flaws with a US environmental report linking its Wyoming natural gas wells to water pollution, and that independent analysis of the data should be undertaken.
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Halliburton counters BP with Macondo spill defamation suit
US oil services giant Halliburton (NYSE:HAL) said Friday that it was filing a defamation lawsuit against BP (NYSE:BP) over the 2010 Macondo oil spill in the Gulf of Mexico.
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Natural gas distributor Enbridge Q2 profits rise, beats Wall Street
Enbridge, Inc. (TSE:ENB), one of Canada’s largest natural gas distributors, reported strong second quarter revenues and profits helped by gains on its derivative contracts as it moved more natural gas on its pipeline system.
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Kinder Morgan's shares rally following $2.9bn PE-backed IPO
The shares rallied even though they were listed at $30.00, above the estimated range of between $26-$29. This bullish initial target is testament to the fact that investors are back in the game, and is nothing if not an encouraging sign for the private equity industry after a bleak three years.
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