BEIJING--The launch of China's first advanced nuclear power project, already delayed by more than a year, faces new development problems and now isn't expected to start up until 2016 at the earliest, the chief engineer of China's state-owned reactor technology company said Thursday.
At least 15 Chinese financial organizations have asked a court to freeze Kaisa Group Holdings Ltd.'s assets, as investors closely watch what might be one of the first Chinese developers to default on offshore bonds.
LONDON--Natural gas firm BG Group (LSE: BG.L) said Tuesday its partner Petróleo Brasileiro S.A. (PBR), as the operator of block BM-S-11 in the pre-salt Santos Basin, has submitted the declarations of commerciality to the Brazilian National Agency of Petroleum, Natural Gas and Biofuels for three separate oil and gas accumulations in the Iara area, offshore Brazil.
Independent. Insightful. Trusted. Morningstar provides stock market analysis; equity, mutual fund, and ETF research, ratings, and picks; portfolio tools; and option, hedge fund, IRA, 401k, and 529 plan research. Our reliable data and analysis can help both experienced enthusiasts and newcomers.