http://www.reuters.com/article/2013/03/07/us-exxon-hongkong-idUSBRE92606E20130307 By Denny Thomas HONG KONG (Reuters) – Exxon Mobil Corp (XOM.N: Quote, Profile, Research, Stock Buzz) has launched an auction to sell up to $2 billion worth of shares in a Hong Kong power venture after a year-long effort to offload its holding to its partner yielded no result, sources familiar with the matter [...]
Posts under ‘Castle Peak Power’
Emissions rise, but CLP vows to meet targets
Last updated: March 11, 2010 Source: South China Morning Post CLP Power emitted more air pollutants and greenhouse gases last year as a result of more coal burning, but was confident of meeting the more stringent emission targets this year. The city’s largest electricity supplier still complies with the 2009 emission caps set by the [...]
CLP To Fire Up Cleaner Generator By Year’s End
Joyce Ng, SCMP – Mar 17, 2009 CLP Power (SEHK: 0002) will fire up its first upgraded lower-emission generating unit at its Castle Peak coal-fired power plant by the end of the year. The upgrade is part of a programme aimed at meeting the company’s 2010 emission-reductions target. But the whole project, which requires upgrading [...]
Government Gave Power Plant Right To Pollute More
SCMP – Friday October 8 2004 China Light and Power omits certain details in the letter from Daisy Chan (‘CLP has made significant cuts in emissions’, October 6). Compare the CLP-ExxonMobil coal power plant at Castle Peak to Hong Kong Electric’s most recent Lamma Island coal plant (built in 1997). You will see that CLP [...]
Officials Must Kick Out CLP’s Plans For Extra Spending
Updated on Apr 05, 2008 – SCMP I see it is business as usual for CLP Power under the revised scheme of control agreement for electricity companies (“CLP places LNG plant on shopping list”, March 31). Under the previous arrangement, CLP Power was able to generate extra income for shareholders (mainly Exxon) of HK$3.2 billion [...]
CLP Carbon Output Hits 15-Year High
Cheung Chi-fai – Updated on Mar 13, 2008 – SCMPCLP Power’s carbon dioxide emissions rose 8.5 per cent last year, hitting a 15-year high as it generated power for the city using more coal and less natural gas. The city’s biggest power supplier also emitted a quarter more nitrogen oxide – a smog-inducing air pollutant [...]
Black Point Power Station Gets New License
Hong Kong’s Black Point Power Station Gets New License January 3, 2008 – China CSR Hong Kong’s Environmental Protection Department issued a renewed license for the Black Point Power Station at the end of December 2007. “The renewed licence under the Air Pollution Control Ordinance will come into effect tomorrow (January 1) and remain valid [...]
CLP Set To Clear The Air Significantly By 2050
Regina Leung – SCMP 5:00pm, Dec 07, 2007 The CLP group (SEHK: 0002) set a voluntary target to cut its carbon emissions per unit of power output by 75 per cent by 2050, says Andrew Brandler, Chief Executive Officer of CLP on Friday. “The plan is part of our pledge to fight global warming and [...]
Castle Peak Power Objection
PRESS RELEASE – January 25, 2007 Clear The Air objects to Exxon/Mobil attempt to take over Soko Island Yesterday, Clear The Air submitted its objection to the Castle Peak Power Environmental Impact Assessment for the building of a facility to store methane gas. Methane is a major greenhouse gas. It is called liquefied natural gas [...]
LNG Receiving Terminal by Castle Peak Power Company
Date: 22 January 2007 To : Environmental Protection Department Re: Environmental Impact Assessment under Study Brief No. ESB-126/2005 for Liquefied Natural Gas (LNG) Receiving Terminal by Castle Peak Power Company Clear The Air Response to EIA based on objectives of the study brief 1. Proposed capacity “The objectives of the EIA study are as follows: [...]