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China United Coalbed Methane
China United Coalbed Methane Corp., Ltd. (CUCBM), also known as China CBM, is state-owned company in China, which had exclusive rights until 2010 to explore, develop and produce coal mine methane in cooperation with overseas companies. The company was established in 1996. History China United Coalbed Methane Corp., Ltd. was founded by two ministries and one state-owned enterprise of the State Council of the People's Republic of China in 1996 ( China National Petroleum Corp., and ). At first it had a share capital of . Under the Regulation on Sino-foreign Cooperation in the Development of Continental Petroleum Resources, which was revised on 2001, the corporation was the monopoly to sign deal with foreign industry to explore and produce coalbed methane. Although in 2007 another revise of the regulation giving the state council nominate other company in case-by-case basis. The State Council formally authorized 3 more companies in 2010, namely China National Petroleu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China National Coal Group
China National Coal Group Co., Ltd., known as China Coal Group, is a Chinese coal mining conglomerate that was supervised by the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council. It was the second largest state-owned coal mining enterprise in the mainland China, and the third largest in the world, just after Shenhua Group in 2008, according to a website quoting Xinhua News Agency. It is engaged in coal production and sales, coal chemicals, coal mining equipment manufacturing, coal mine design and related engineering services. In 2009 the corporation was re-incorporated as a limited company. The group also acquired Shanxi Huayu Energy in the same year. China United Coalbed Methane, a joint venture of China Coal Group and PetroChina, became a wholly owned subsidiary of China Coal Group also in 2009. At the same time PetroChina acquired some assets from China United Coalbed Methane. China Coal Group later sold China United Coalbed Methane ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-renewable Resource Companies Established In 1996
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Companies Established In 1996
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass when ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Companies Of China
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Natural Gas Companies Of China
Nature, in the broadest sense, is the physical world or universe. "Nature" can refer to the phenomena of the physical world, and also to life in general. The study of nature is a large, if not the only, part of science. Although humans are part of nature, human activity is often understood as a separate category from other natural phenomena. The word ''nature'' is borrowed from the Old French ''nature'' and is derived from the Latin word ''natura'', or "essential qualities, innate disposition", and in ancient times, literally meant "birth". In ancient philosophy, ''natura'' is mostly used as the Latin translation of the Greek word ''physis'' (φύσις), which originally related to the intrinsic characteristics of plants, animals, and other features of the world to develop of their own accord. The concept of nature as a whole, the physical universe, is one of several expansions of the original notion; it began with certain core applications of the word φύσις by pre-Socr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coal Companies Of China
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dead plant matter decays into peat and is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous ( Pennsylvanian) and Permian times. Many significant coal deposits are younger than this and originate from the Mesozoic and Cenozoic eras. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its electricity. Some iron ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coal Power In China
China is the largest producer and consumer of coal in the world. It is also the largest user of coal-generated electricity, with over a thousand coal-fired power stations. The share of coal in the energy mix declined during the 2010s, falling from 80% in 2010 to 58% in 2019. China emits over 10% of global greenhouse gas. China's large demand was in part responsible for the delay in peak global coal production, coal production reached a record high in December 2021 and coal consumption in China is forecast to reach a record high in 2021. Overall electricity consumption continued to rise in the 2010s, and new coal-fired power plants were constructed to help meet demand. But to curtail the pace of coal-fired power station construction, the National Energy Administration in 2017 canceled coal-fired power plant permits that would have amounted to 120 GW of future capacity. However, local authorities seeking to create jobs resisted the efforts of central authorities to c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Land And Resources Of The People's Republic Of China
The Ministry of Land and Resources (MLR) of the People's Republic of China is a dissolved ministry under the jurisdiction of the State Council of China. It was formally responsible for the regulation, management, preservation and exploitation of natural resources, such as land, mines and oceans. On March 10, 1998, the 9th National People's Congress passed the "Reform Plan of the Ministries of the State Council". According to the plan, , State Administration of National Land, State Oceanic Administration, and State Bureau of Surveying and Mapping merged to form the Ministry of Land and Resources. The State Administration of National Oceans and the State Bureau of Surveying and Mapping have remained existing as departments under the jurisdiction of the newly formed Ministry. In March 2018, the 13th National People's Congress announced that the newly formed Ministry of Natural Resources shall replace the functions of the Ministry of Land & Resources, State Oceanic Administration ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China National Petroleum Corporation
The China National Petroleum Corporation (CNPC) () is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing. CNPC was ranked fourth in 2020 Fortune Global 500, a global ranking of the largest corporations by revenue. Corporate structure CNPC is the government-owned parent company of publicly listed PetroChina, which was created on November 5, 1999, as part of the restructuring of CNPC. In the restructuring, CNPC injected into PetroChina most of the assets and liabilities of CNPC relating to its hydrocarbon exploration and production, refining and marketing, chemicals and natural gas businesses. CNPC and PetroChina develop overseas assets through a joint venture, the CNPC Exploration & Development Company (CNODC), which is 50% owned by PetroChina. In March 2014, CNPC Chairman Zhou Jiping announced that CNPC would be opening six business units to private investors. C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Henan Coalbed Methane Development And Utilization
Henan (; or ; ; alternatively Honan) is a landlocked province of China, in the central part of the country. Henan is often referred to as Zhongyuan or Zhongzhou (), which literally means "central plain" or "midland", although the name is also applied to the entirety of China proper. Henan is a birthplace of Han Chinese civilization, with over 3,200 years of recorded history and remained China's cultural, economic and political center until approximately 1,000 years ago. Henan Province is home to many heritage sites, including the ruins of Shang dynasty capital city Yin and the Shaolin Temple. Four of the Eight Great Ancient Capitals of China, Luoyang, Anyang, Kaifeng and Zhengzhou, are in Henan. The practice of tai chi also began here in Chen Jia Gou Village (Chen style), as did the later Yang and Wu styles. Although the name of the province () means "south of the ellowriver.", approximately a quarter of the province lies north of the Yellow River, also known as the Huang ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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