China, stronghold of the world’s supply of rare earths, is set to carry out a proposal of uniting its many rare earths manufacturers into a one large company that represents the entire sector. Chen Yanhai, chief secretary of the Resource Department from China’s Ministry of Industry and Information Technology, said the government has come out [...]
CBM Asia Development Corp. (“CBM Asia” or the “Company”) (tsx venture:TCF)(us:CBMDF)(frankfurt:IY2). CBM Asia is pleased to announce it has entered into a Joint Study and Bid Group agreement with Continental Energy Corporation CPPXF -18.52 percent to investigate coalbed methane (“CBM”) exploration and development opportunities in Indonesia. Under the agreement, CBM Asia and Continental will jointly [...]
China Petrochemical Corp. (Sinopec) says it will start to pumping gas from a shale project in the southwestern province of Sichuan in early June – the first such production in the country. This project is in Fuling, Sichuan province, and will be completed by two subsidiaries of Sinopec: Jianghan Oilfield and Exploration Southern Co. Jianghan [...]