The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Head of new China M&A firm riffs on history and oil's future

CEFC China Energy's Ye Jianming says it is eyeing natural gas, used most in future electricity generation

Published Wed, Oct 4, 2017 · 09:50 PM
Share this article.

Singapore

WHILE there's a risk of crude sliding below US$30 as demand is displaced by alternative energy, it will still be needed for making petrochemicals, said the head of the enigmatic Chinese company that last month bought a US$9 billion stake in Rosneft Oil Co.

In a note running longer than 12,000 Chinese characters posted on CEFC China Energy Co's WeChat account, founder and chairman Ye Jianming justified purchasing a chunk of the Russian firm from Glencore Plc and …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here