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Independent Power Producers and Energy Traders

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  • UPDATE 2-China Resources to merge gas, power units as demand booms Monday, 6 May 2013 | 5:02 AM ET

    HONG KONG, May 6- State-owned conglomerate China Resources Co Ltd plans to merge its Hong Kong- listed power producer with its natural gas distribution unit to form a $22 billion energy group able to negotiate better terms for natural gas supplies from the state.

  • UPDATE 1-China Resources to merge gas and power units Sunday, 5 May 2013 | 10:18 PM ET

    HONG KONG, May 6- State-owned conglomerate China Resources Co Ltd plans to merge its Hong Kong- listed power producer with its natural gas distribution unit to form an energy group with a combined market value of nearly $22 billion, the listed firms said on Monday.

  • UPDATE 1-NRG, Calpine adding natgas-fired plants in California Thursday, 2 May 2013 | 5:38 PM ET

    California power company PG&E Corp's. Separately, Calpine, the largest independent power producer in California, said its 429- MW Russell City Energy Center near Hayward, will be completed in the third quarter. Its output will also be sold to PG&E under a 10- year agreement, Calpine said in a release.

  • Cheaper Power Bills? You May Have NatGas to Thank Saturday, 27 Apr 2013 | 11:53 AM ET

    If you've noticed your utility bills falling, there's a good reason. Surging natural gas production in the U.S. has had one benefit already: curbing or even cutting power costs.

  • Hong Kong shares may post 3rd straight daily loss; Cyprus crisis deepens Tuesday, 19 Mar 2013 | 8:55 PM ET

    HONG KONG, March 20- Hong Kong shares could suffer a third-straight daily loss on Wednesday as the crisis in Cyprus deepened after the island nation's parliament rejected terms of an European bailout plan.

  • Hong Kong shares may trim best monthly gain since September Wednesday, 30 Jan 2013 | 8:00 PM ET

    *China's top luxury watch distributor Hengdeli Holdings Ltd said there had been no material change in its operations and its business continued to operate in a stable manner.