PRZOOM - /newswire/ -
Point Roberts, WA, United States, 2005/11/16 - Shell, BP plc, and Far East Energy Co. reveal their secrets to success in China. China-AsiaStocks.com (CAS), reports on China’s heated energy market, with oil, coal and electricity sectors on the top of the list..
CAS, an investor and industry news portal for the China-Asia sector reports on China’s heated energy market, with oil, coal and electricity sectors on the top of the list, bringing both challenges and opportunities to foreign investors. Far East Energy Corporation (OTCBB: FEEC) CFO Bruce Huff, Royal Dutch/Shell (NYSE: RDS-A) External Affair Director Nick Wood, and BP plc. (NYSE: BP) press officer David Nicholas provide insights on the current and future of the market and their experience to success. Foreign companies operating in China also include ConocoPhillips, Chevron, ESSO, Meiya Power Company Limited and AES Corp. Many companies such as Peabody Energy (NYSE: BTU), and Petroleos de Venezuela (PDVSA) are actively looking for opportunities in this sector.
Fei Wang reports
”We believe that Shell has skills and strengths that are helpful in developing China’s energy resources in a sustainable way, and we believe that Chinese companies have their own operational strengths as well as unparalleled experience of operating in China. We believe that in many cases, by combining those strengths you can create a partnership that is stronger than either partner going forward alone on a project.“, said Nick Wood, Shell External Affair Director in China market (NYSE: RDS-A).
Bruce Huff, CFO for Far East Energy Corporation (OTCBB: FEEC), said,” Obviously, the expansion is incredible and shows no signs of a let up for the near term future. We are very bullish on the future of the gas market in China and are very pleased to see the development of a more sophisticated gas market over the past couple of years.“
The CAS Website does not make recommendations, but offers a unique information portal for investors to explore news, articles, and recent research.
Featured Company: (CAS is compensated as disclosed in disclaimer.)
Hendrx Corp (OTCBB: HDRX) is engaged in the business of acquiring positive cash flow businesses that own innovative technology products and services in the water purification industry. Hendrx is a China-based manufacturer of commercial and residential products that extract drinking water from the air through a process known as Atmospheric Water Generation ("AWG"). As a recognized leader in the development & manufacturing and distribution of Atmospheric Water Generators, Hendrx plans to be synonymous with water purification systems by offering products that will provide solutions for the residential market all they way to solutions for the industrial, commercial, and humanitarian markets.
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