ENERGY (MSM)

Solar firm Hanergy suspends trading after stocks plunge

Beijing-based solar energy firm Hanergy Thin Film Power Group (HTF) suspended trading in Hong Kong Wednesday after its share price plunged by 47 percent, following a stellar rise in the past year. A company statement on the Hong Kong stock exchange website said trading had been suspended on Wednesday morning “pending release of an announcement containing inside information”. The share price tumbled from HK$7.35 ($0.95) to HK$3.91 before the suspension

S.Africa aims to select nuclear power partner this year

South Africa intends to select this year an international partner to build a series of nuclear power reactors that would end the regular electricity blackouts that have hobbled economic growth, the energy minister told parliament Tuesday. Five nations — Russia, France, China, the United States and South Korea — have been chosen to compete for the controversial contract to build eight nuclear reactors worth up to $50 billion (45 billion

S.Africa aims to select nuclear power partner this year

South Africa intends to select this year an international partner to build a series of nuclear power reactors that would end the regular electricity blackouts that have hobbled economic growth, the energy minister told parliament Tuesday. Five nations — Russia, France, China, the United States and South Korea — have been chosen to compete for the controversial contract to build eight nuclear reactors worth up to $50 billion (45 billion

South Sudan rebels say capture oil refinery, tell firms to leave

By Denis Dumo JUBA (Reuters) – South Sudanese rebels said on Tuesday they had captured a refinery near a major oilfield in Upper Nile State, where fighting has flared up in recent days, and told firms there to shut down operations and evacuate their staff. SPLA-in-Opposition spokesman, James Gatdet Dak, said that the rebels were still fighting government troops in the area that is home to South Sudan’s biggest oilfield