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After decades of growth, Chinese demand for transport fuels is peaking as electric vehicles and LNG-powered trucks are ...
China Resources Gas Group is a state-owned gas utilities group in China engaging in downstream city gas distribution. We expect CRG to generate returns above its cost of capital over the next ...
China Resources Gas shares fell sharply after the gas utilities company reported a decline in net profit for 2024. Shares of the Hong-Kong listed company were down 19% to HK$22.70, equivalent to ...
China’s energy giants are increasingly pivoting to natural gas to raise production, as demand for oil slows and global trade tensions heighten the risks of relying too heavily on imports.
China is also boosting its energy security by focusing on producing more gas at home, which will help to curb import growth. Output has been steadily rising, and notched a 3.7% year-on-year ...
Oil & natural gas prices surge as supply concerns and China’s demand boost fuel market volatility. Crude oil eyes $68.50—breaking above could trigger a short-covering rally toward $69.26 and ...
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