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China will lower gasoline and diesel prices by 190 yuan (27.8 US dollars) per tonne from Wednesday, the National Development and Reform Commission (NDRC) announced Tuesday.

-	China cuts gasoline, diesel prices
-	Sinopec, BASF expand YPC project
-	Sinochem to acquire Australia's Nufarm
-	Nuclear power project in Shandong approved
-	China likely to cut energy use per unit of GDP by 5% this year
-	Duke Energy, ENN in clean energy venture
-	CIC invests US$1.9b in Indonesian coal miner
-	China starts building major oil reserve
-	PetroChina's Dushanzi refinery starts operations
-	CLP Power nuclear electricity supply contract to extend 20 years
-	Daqing Oilfield vows to maintain prominence for 50 more years
-	National center to back up hydropower development
-	Rudong to set up more clean power projects
-	Huaneng Power gets local bank funding for buy
-	China mulls raising wholesale hydropower electricity prices

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Sinopec, BASF expand YPC project

BASF and Sinopec announced they plan to invest proximately US$1.4 billion in the second phase of the integrated petrochemical site (IPS) project of their joint venture, BASF-YPC Co Ltd (BYC).

Sinochem to acquire Australia's Nufarm

Sinochem Corp (Sinochem), the country's leading agrochemicals producer, Monday said it agreed in principle to buy Australia's Nufarm Ltd for A$2.8 billion, in a move to expand its farm chemicals business overseas.

-	Nuclear power project in Shandong approved
-	China likely to cut energy use per unit of GDP by 5% this year
-	Duke Energy, ENN in clean energy venture
-	CIC invests US$1.9b in Indonesian coal miner
-	China starts building major oil reserve
-	PetroChina's Dushanzi refinery starts operations
-	CLP Power nuclear electricity supply contract to extend 20 years
-	Daqing Oilfield vows to maintain prominence for 50 more years
-	National center to back up hydropower development
-	Rudong to set up more clean power projects

-	Huaneng Power gets local bank funding for buy
-	China mulls raising wholesale hydropower electricity prices
-	Shanghai Electric boosting capacity
-	Yanzhou Coal amends Felix takeover plan
-	Accumulative power consumption rises for 1 time this year
-	Daqing Oilfield to triple natural gas production
-	China nuke size set to rise to 134GW
-	China: a new model in overseas oil strategy
-	Sinopec to double oil refining size
-	Wind may prop China's power rush

-	China's green technology market to attract huge investment
-	OPEC maintains oil output quota
-	Solar power theme set for 2009 energy fair
-	Excess price accusations denied
-	CNPC gets US$30b to fund acquisitions
-	Shell, Shenhua to jointly research clean coal technology
-	CITIC Resources Holdings plans expansion
-	CNOOC gas field starts production in South China Sea
-	Oil remains flat as holiday weekend approaches
-	China to boost coal bed methane extraction

-	China Everbright gets ADB funding
-	National strategic coal reserve plan to be implemented
-	CNOOC inks deal with Qatar to explore offshore block
-	PetroChina in oil sands deal
-	UAE oil firm to relax curb on supplies
-	Oil price scheme stays intact
-	Canada's Athabasca to sell oilsand stake to PetroChina
-	Sinochem to bid for Iraqi oil assets
-	Large solar power program starts in Hubei
-	China's 1st large coal-to-gas project under construction

-	Large solar power program starts in central China
-	PetroChina's 1H net profit slides 7.2 percent
-	Gasoline, diesel prices likely to go up again
-	BP divests Ningbo LPG assets
-	CNOOC 1H net profit falls 55% on lower crude oil prices
-	China to address overcapacity in emerging sectors
-	Yanzhou Coal sees net profit fall in Q3
-	China paving the way in green energy
-	China paving the way in green energy
-	CBM producers might see favorable policies

Bank of China Quotations

July 7-12 China Shenyang Int'l Auto Industry Expo
July 9-12 Qingdao China Int'l Consumer Electronics Show
July 15-18 Shanghai Int'l Machine Tool Fair
July 29-31 Shanghai Int'l Sporting Goods Expo

June 7 Tokyo 2nd China-Japan High-Level Economic Dialogu

June 30 Shanghai 2009 Automotive Engine Technology Seminar

September 8-12 Xiamen China Int'l Fair for Investment and Trade

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