China Gas Utilities’ Profit Remains Steady amid Winter Gas Shortage
Gas sales volume growth accelerated for rated Chinese city-gas operators in 4Q20 and 2021 year to date due to a post-pandemic industrial production recovery and strong heating needs amid one of the coldest winters in decades, Fitch Ratings says. This partly offset the pressure on dollar margins, which were probably lower in 2H20 from 1H20, supporting the sector’s steady profitability.
The Chongqing Petroleum and Gas Exchange said the apparent natural gas consumption growth accelerated from 5.9% in October 2020 to a low-teen percentage in November 2020 to January 2021. The spot liquefied natural gas (LNG) price increased by more than 100% in northern China and 60% in southern China since November. The LNG price in Hebei, Jilin, Liaoning, and Shandong provinces rose to more than CNY10,000 per tonne in late December, from an average of CNY2,700 per tonne in June-August 2020.
Emerald Leasing Finance and Investment Company Limited board approves 42:19 rights issue
Posted On: 2021-01-21 10:12:58 (Time Zone: Arizona, USA)
The Board of Directors of Emerald Leasing Finance and Investment Company Limited ( the Company ), in its Meeting held on January 21, 2021, has considered and approved the details pertaining to the proposed rights issue of equity shares of face value of %10/- each.
Rights Entitlements Ratio - 42 equity shares for every 19 Equity shares (42:19) held by the shareholders as on the Record Date ( Eligible Shareholders )
Issue price per Equity Share - Rights Issue price of Rs. 10/- (at par) for every Rights Equity Share of face value of Rs. 10/- each.
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Afeez Hanafi
Residents of Shelter Afrique Estate in Uyo, Akwa Ibom State, have petitioned the state government over the danger posed by the mast of a radio station in the area which partially collapsed recently.
They requested the state government and the owner of the station, The
Mixx Radio, to relocate the mast from the estate.
The residents led by the immediate past Group Managing Director of UAC of Nigeria Plc, Mr. Larry Ettah, also raised several regulatory and oversight issues as to why such a structure was erected in the area in the first instance.
The petition was filed by Victor Iyanam & Co chambers and addressed to the state Attorney General and Commissioner for Justice, Uwemedimo Nwoko, Commissioner for Lands and Housing, Raphael Bassey, Managing Director, Akwa Ibom Property and Investment Company Limited, Patrick Udomfang and the owner of the station, Friday Ben aka Dollie Popman, who is also the Special Assistant, Protocol to the governo
One dead, three others injured as Cocoa House elevator collapses in Oyo
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By Ola Ajayi, Ibadan
At least one person has been confirmed dead while four others sustained injuries when the elevator of the Cocoa House in Ibadan, the Oyo State capital collapsed during repairs.
Vanguard gathered that the faulty elevator collapsed when some technicians were working on it to make it functional.
When the elevator fell, one of the technicians died instantly while three others sustained injuries.
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But, reacting to the incident, Mr Victor Ayetoro, Head, Corporate Affairs, Odu’ a Investment Company Limited, confirmed the casualty figure but added that the conglomerate was trying to change the old elevator to a new one when the incident happened.
VIETNAM NEWS HEADLINES DECEMBER 19 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
19/12/2020 09:45 GMT+7
Flower gardens in Da Nang ready for Lunar New Year
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Many flower gardens in the central city of Da Nang have faced difficulties due to the impact of COVID-19 and the recent severe weather. But local flower growers have made every effort to ensure a sufficient supply of blooms for the upcoming lunar new year, or Tet.
His 800 flower pots are the main source of income for Pham Ngoc Anh as Tet approaches. But his spending on pesticides and fertiliser this year has been higher than previously due to the unfavourable weather conditions.