DOCSLIB.ORG

Annual Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report Annual Report * For identification purpose only * For identification purpose only CONTENTS 2 Chairman’s Statement 4 President’s Statement 6 Corporate Profile 10 Major Corporate Events in 2017 14 Financial and Operational Summary 20 Management Discussion and Analysis 31 Human Resources 32 Environmental, Social and Governance Report 49 Corporate Governance Report 64 Report of the Board of Directors 85 Report of the Supervisory Committee 87 Biographies of Directors, Supervisors & Senior Management 97 Independent Auditor’s Report 102 Consolidated Statement of Comprehensive Income 104 Consolidated Statement of Financial Position Overview 106 Consolidated Statement of Changes in Equity The Company is committed to the investment, construction and operation of new energy projects. It focuses on developing and 107 Consolidated Cash Flow Statement operating wind power projects while promoting synergistic growth of solar power and other renewable energies. The Company adheres to scientific development and rational business distribution. With operations of scaled wind farms and distributed wind farms, utilization 110 Notes to the Financial Statements of onshore and offshore wind resources, attention to both development and acquisition, the Company strives to improve its growth 198 Corporate Information quality and efficiency and to continuously increase its profitability, competitiveness and sustainable development capabilities, so as to maintain its established position in the People’s Republic of China (the “PRC”) and to expand into international markets with a view to 200 Glossary of Technical Terms becoming an internationally competitive and premier renewable energy provider. Since its establishment, the Company has been focusing on its mission of green power development and clean energy production. Annual Report The Company places great emphasis on protecting and improving the environment and on fulfilling its social responsibilities, and strives to bring sustainable, stable and increasing returns to its shareholders. CONTENTS 2 Chairman’s Statement 4 President’s Statement 6 Corporate Profile 10 Major Corporate Events in 2017 14 Financial and Operational Summary 20 Management Discussion and Analysis 31 Human Resources 32 Environmental, Social and Governance Report 49 Corporate Governance Report 64 Report of the Board of Directors 85 Report of the Supervisory Committee 87 Biographies of Directors, Supervisors & Senior Management 97 Independent Auditor’s Report 102 Consolidated Statement of Comprehensive Income 104 Consolidated Statement of Financial Position 106 Consolidated Statement of Changes in Equity 107 Consolidated Cash Flow Statement 110 Notes to the Financial Statements 198 Corporate Information 200 Glossary of Technical Terms CHAIRMAN’S STATEMENT LIN Gang Chairman Dear shareholders, In 2017, with strong support of all the shareholders, the The journey has been gratifying and diligence always Board of Directors, while adhering to the development pays off. In 2017, the Company has remained on philosophy of focusing on quality and efficiency, and the Global Top 500 New Energy Enterprises list for the goal of maximizing the shareholders’ interest, led the fourth consecutive year. In capital market, the all the staff of the Company to make joint efforts and Company was awarded “Listed Company with Most forge ahead, grasped the opportunity to build on the Investment Value in the 13th Five-Year Plan” of good momentum, and made further progress through the 7th China Securities Golden Bauhinia Award, reform and development. We have made solid progress as well as the highest corporate governance award toward realizing the goal of creating a world-class “Platinum Award” and the special category award “Best enterprise with global competitiveness. Environmental Responsibility Award”, both presented by “The Assets”. The development of the Company was highly recognized by the public, and its market image and influence was further improved. 2 Huaneng Renewables Corporation Limited Chairman’s Statement The stable environment contributes to our firmly seize the opportunities for development, development. The year of 2018 marks a key year continuously explore new methods to overcome for the Company to deepen its reform and make development problems and nurture new profit models, innovation in its development. The new energy so as to further enhance the competitiveness and industry is confronting a complicated situation with profitability of the Company and create stable return both opportunities and challenges. Facing the new growth for its shareholders. situations and requirements, the Board of Directors will take the analysis, research and decision-making Finally, on behalf of the Board of Directors, I would process seriously, proactively adapt to the development like to extend my sincere gratitude to all shareholders, trend of the new energy industry, scientifically investors, the public and our friends for their long- evaluate the industrial policies and market situation, held trust and support! Annual Report 2017 3 PRESIDENT’S STATEMENT Cao Shiguang President Dear shareholders, In 2017, the management of the Company unswervingly implemented the development philosophy of focusing on quality and efficiency and took the promotion of competitiveness as the core of operation and management. With the joint efforts of all employees, the Company achieved new progress in various tasks. 4 Huaneng Renewables Corporation Limited President’s Statement In the past year, the Company has made tremendous with international competitiveness. Under this context, efforts to promote the efficiency of equipment the management will unswervingly implement all the management, and the reliability of the equipment has work allocated by the Board of Directors, firmly grasp been improved consequently; the Company strengthened the historic development opportunities of the new policy research and decision-making judgement, energy industry and properly respond to the difficulties actively followed the dynamics in the market, and and challenges. Moreover, we will take the objective maintained a leading position in the industry in terms of as our guidance, market as our direction and reform as weighted average utilization hours of the year. Besides, our driver, embrace the working ideas of “guarantee the cost and expenditure was managed effectively under security, improve efficiency, highlight development the intensified cost control. Throughout the year, the and strengthen management”, so as to achieve more overall safety situation of the Company was stable, the outstanding results and create new values for the development work was progressed steadily, the level shareholders. of corporate governance was further enhanced and the business performance hit a new record high. Lastly, on behalf of the management and all employees of the Company, I would like to extend my sincere The year of 2018 marks an important year for the gratitude to all the shareholders and investors for their Company to create a world-class new energy enterprise continued support, care and trust. Annual Report 2017 5 CORPORATE PROFILE CORPORATE INTRODUCTION The predecessor of Huaneng Renewables Corporation Limited (the “Company”) is Huaneng New Energy Industrial Co., Ltd., which was established in November 2002. On 10 June 2011, the Company was successfully listed on the Main Board of the Stock Exchange of Hong Kong Limited (“Hong Kong Stock Exchange”) with an aggregate of 8,446,898,000 shares in issue, and later in 2013, 2014 and 2017, 582,317,360 new H shares, 698,780,832 new H shares and 838,536,000 new H shares were issued respectively by way of non-public offering. As at the end of 2017, the total number of shares of the Company was 10,566,532,192 shares, of which China Huaneng Group Co., Ltd. (“Huaneng Group”), the controlling shareholder of the Company, directly and indirectly held 52.39% of the Company’s total issued shares. The Company is committed to the investment, construction and operation of new energy projects. It focuses on developing and operating wind power projects while promoting synergistic growth of solar power and other renewable energies. The Company adheres to scientific development and rational business distribution. With operations of scaled wind farms and distributed wind farms, utilization of onshore and offshore wind resources, attention to both development and acquisition, the Company strives to improve its growth quality and efficiency and to continuously increase its profitability, competitiveness and sustainable development capabilities, so as to maintain its established position in the People’s Republic of China (the “PRC”) and to expand into international markets with a view to becoming an internationally competitive and premier renewable energy provider. Since its establishment, the Company has been focusing on its mission of green power development and clean energy production. The Company places great emphasis on protecting and improving the environment and on fulfilling its social responsibilities, and strives to bring sustainable, stable and increasing returns to its shareholders. 6 Huaneng Renewables Corporation Limited Corporate Profile CORPORATE STRUCTURE 100% HUANENG GROUP Huaneng Capital Services 2.62% 47.61% Holders of H Share Corporation Ltd. 49.77% The Company 100% Huaneng Tongliao Wind Power Co., Ltd. 100% Huaneng Chengde Wind Power Co., Ltd. 100% Huaneng Burqin Wind Power Co., Ltd. 100% Huaneng Baotou Wind Power Co., Ltd. 100% Huaneng Xinjiang Santanghu
Load more

Recommended publications
  • Potential Takeover Terminated, Downgrade to "Neutral" 潜在收购被终止，下调至“中性”
    股 票 研 [Table_Title] Company Report: GCL New Energy (00451 HK) Jun Zhu 朱俊杰 究 (852) 2509 7592 Equity Research 公司报告： 协鑫新能源 (00451 HK) [email protected] 19 December 2019 [Table_Summary] Potential Takeover Terminated, Downgrade to "Neutral" 潜在收购被终止，下调至“中性” The potential takeover by China Huaneng Group was officially called off [Table_Rank] 公 in November 2019 and was replaced with a cooperation framework Rating: Neutral Downgraded agreement. We believe that termination of the potential takeover (majority 司 stake acquisition) of GNE and acquiring only certain assets from GNE is to 报 评级： 中性 (下调) avoid having too much indebtedness transferred from GNE to China 告 Huaneng. As of the moment, we are uncertain in regards to the consideration of the potential transaction and the scale of the solar assets that China 6[Table_Price-18m TP 目标价] : HK$0.22 Company Report Huaneng will acquire from GNE. More details regarding the cooperation Revised from 原目标价: HK$0.45 framework agreement will be needed for further analysis. Share price 股价: HK$0.172 Newly installed solar capacity in the domestic market is expected to fall substantially in 2019 as a result of solar tariff subsidy reduction. According to NEA of China, newly installed solar capacity in the first 9 months Stock performance of 2019 reached 15.99 GW, down YoY by 53.7%. In which, concentrated 股价表现 solar projects contributed 7.73 GW of new installations, while distributed solar [Table_QuotePic] 50.0 % of return projects added 8.26 GW during the period. As at the end of 9M2019, 40.0 nationwide cumulative installed solar capacity hit 190.19 GW, up YoY by 30.0 证 15.2%.
    [Show full text]
  • Roadmap for the Demonstration of Carbon Capture and Storage (CCS) in China
    Final Report/June 2011 ADB TA‐7286 (PRC) People’s Republic of China Carbon Dioxide Capture and Storage Demonstration – Strategic Analysis and Capacity Strengthening Roadmap for the Demonstration of Carbon Capture and Storage (CCS) in China Final Report June 2011 Final Report /June 2011 ADB TA‐7286 (PRC) People’s Republic of China Carbon Dioxide Capture and Storage Demonstration – Strategic Analysis and Capacity Strengthening Roadmap for the Demonstration of Carbon Capture and Storage (CCS) in China Final Report June 2011 Report submitted by Project Team Prof. J. YAN – Team Leader & CCS Experts Prof. H. JIN – National Co‐leader Prof. Li Z., Dr. J. Hetland, Dr. Teng F., Prof. Jiang K.J., Ms. C. J. Vincent, Dr. A. Minchener, Prof. Zeng RS, Prof. Shen PP, Dr. X. D. Pei, Dr. Wang C., Prof. Hu J, Dr. Zhang JT The views expressed are those of the Consultants and do not necessarily reflect those of the Ministry or the Asian Development Bank (ADB). i Final Report /June 2011 TABLE OF CONTENTS Tables .............................................................................................................................. iv Figures ............................................................................................................................. v Key findings: .................................................................................................................... ix Main Recommendations: ................................................................................................. xi 1. Background and Objectives .......................................................................................
    [Show full text]
  • Announcement on Replies to the Letter of Enquiry from The
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. (a Sino-foreign joint stock limited company incorporated in the People’s Republic of China) (Stock Code: 902) ANNOUNCEMENT ON REPLIES TO THE LETTER OF ENQUIRY FROM THE SHANGHAI STOCK EXCHANGE Huaneng Power International, Inc. (“the Company”), on 14 April 2020, received a Letter of Enquiry regarding Information Disclosure of 2019 Annual Report of Huaneng Power International, Inc. (Shang Zheng Gong Han [2020] No. 0350) (the “Letter of Enquiry”) from the Shanghai Stock Exchange. Upon receiving the Letter of Enquiry, the Company proactively arranged with relevant parties to carry out diligent research as well as discussion and analysis on the issues raised in the Letter of Enquiry. In accordance with the requirements of the Letter of Enquiry, replies to relevant issues are as follows: I. In relation to Assets Impairment with Significant Amount According to the annual report, the Company accrued significant asset impairment of RMB5.886 billion at the end of the reporting period. To this, please supplement and explain each of the following items: 1. In relation to aggregate impairment amount of RMB3.818 billion for the 10 asset groups, including Huaneng Yushe Power Generation Co.,
    [Show full text]
  • Advancing Clean Energy & Sustainable Energy Infrastructure
    Advancing Clean Energy & Sustainable Energy Infrastructure through PEER A BRIEF ON CHINA’S ENERGY INITIATIVES MAY 2020 BACKGROUND China’s power sector services 1.1 billion consumers, supplying 6,994 TWh from more than 1.91 TW of installed capacity. Coal is the primary source of electricity generation in China. The total installed capacity of renewable energy (including hydropower) in China is more than 728 GW. At the end of 2018, China’s power sector continued to be dominated by large state-owned companies. Source: China Energy Portal The country’s grid is owned and operated primarily by the state-owned State Grid Corporation of China (which supplies power to 88 percent of the country), while China Southern Grid, also state-owned, accounts for most of the remainder. A handful of large state-owned power generation companies are responsible for generating most electricity, including the so-called “big five” – China Datang Corporation, China Guodian Corporation, China Huadian Group, China Huaneng Group, and China Power Investment Corporation – that account for 47 percent of power capacity. In 2016, the 13th Five-Year Plan targeted 2,000 GW of capacity to be installed by The world’s biggest energy 2020 – a nearly 20 percent increase from consumer is aiming for renewables the current capacity – and a 15 percent to account for at least 35 percent increase in the share of non-fossil fuel of electricity consumption by 2030, energy. Based on this five-year plan, according to a revised draft plan China aims to achieve 6.5 percent annual from the National Development & average growth in their GDP from 2016- Reform Commission (NDRC).
    [Show full text]
  • M Beneficiaries of the Greater Bay Area's Transition to Low- Carbon
    MM October 13, 2019 10:43 PM GMT China's Urbanization 2.0 Beneficiaries of the Greater Bay Area's Transition to Low- Carbon Energy Nuclear is the best option for GBA's transition to low carbon. We double upgrade CGN Power to OW and upgrade HKEI to OW. Morgan Stanley does and seeks to do business with companies covered in Morgan Stanley Research. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of Morgan Stanley Research. Investors should consider Morgan Stanley Research as only a single factor in making their investment decision. For analyst certification and other important disclosures, refer to the Disclosure Section, located at the end of this report. += Analysts employed by non-U.S. affiliates are not registered with FINRA, may not be associated persons of the member and may not be subject to NASD/NYSE restrictions on communications with a subject company, public appearances and trading securities held by a research analyst account. MM Contributors MORGAN STANLEY ASIA LIMITED+ MORGAN STANLEY ASIA LIMITED+ Simon H.Y. Lee, CFA Beryl Wang Equity Analyst Research Associate +852 2848-1985 +852 3963-3643 [email protected] [email protected] MORGAN STANLEY ASIA LIMITED+ MORGAN STANLEY ASIA LIMITED+ Yishu Yan Eva Hou Research Associate Equity Analyst +852 3963-2846 +852 2848-6964 [email protected] [email protected] MM China's Urbanization 2.0 Beneficiaries of the Greater Bay Area's Transition to Low- Carbon Energy uclear is the best option for GBA's transition to low carbon.
    [Show full text]
  • Roshan Power (Private) Limited
    ..t ROSHAN POWER (PRIVATE) LIMITED The Registrar, Date: February 10, 2014 National Electric Power Regulatory Authority, Ref: RPL/14/I/003 2nd Floor, OPF Building, SeCtor G-5/2, Reg. 50/2010 Islamabad. Dear Sir, APPLICATION FOR A GENERATION LICENSE OF 10 MW SOLAR POWER PROJECT ROSHAN POWER (PRIVATE) LIMITED 1, Rao Mahmud Ilahi, Director Energy projects being the duly Authorized representative of Roshan Power Pvt. Ltd. by virtue of board resolution dated January 28, 2014, hereby apply to the National Electric Power Regulatory Authority (NEPRA) and for the Grant of a Generation License of 10 MW Solar Power Project to Roshan Power (Pvt.) Ltd pursuant to the section 15 of the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997. I certify that the documents-in-support attached with this application are prepared and submitted in conformity with the provision of National Electric Power Regulatory Authority Licensing (Application and Modification Procedure) Regulations, 1999, and undertake to abide by the terms and provisions of above-said regulations. I further undertake and confirm that the information provided in the attached documents-in-support is true and correct to the best of my knowledge and belief. Two Bank drafts (DD3050621 & DD3050671) in the sum of Rupees 131,632 (One Hundred Thirty One Thousand, Six Hundred & Thirty Two only) being the non-refundable License application fee calculated in accordance with Schedule-II to National Electric Power Regulatory Authority Licensing (Application and Modification Procedure) Regulations, 1999, is • also attached herewith. Best Regards, - R o M. Ilahi Director Energy Projects u-11 Gurumangat Road, Gulberg-III, Lahore, Pakistan.
    [Show full text]
  • SINOSING SERVICES PTE. LTD. (A Company Incorporated Under the Laws of Singapore)
    NOT FOR DISTRIBUTION IN THE UNITED STATES Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. This announcement is for information purposes only and does not constitute an invitation or a solicitation of an offer to acquire, purchase or subscribe for securities or an invitation to enter into an agreement to do any such things, nor is it calculated to invite any offer to acquire, purchase or subscribe for any securities. This announcement is not an offer of securities for sale in the PRC, Hong Kong and the United States or elsewhere. The Bonds are not available for general subscription in Hong Kong or elsewhere. This announcement is not for distribution, directly or indirectly, in or into the United States (including its territories and possessions, any state of the United States and the District of Columbia). This announcement does not constitute or form a part of an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act.
    [Show full text]
  • China Ming Yang Wind Power Group Limited (Exact Name of Registrant As Specified in Its Charter)
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ¨ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2013 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ¨ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-34866 China Ming Yang Wind Power Group Limited (Exact name of Registrant as specified in its charter) N/A (Translation of Registrant’s name into English) Cayman Islands (Jurisdiction of incorporation or organization) Jianye Road, Mingyang Industry Park National Hi-Tech Industrial Development Zone Zhongshan, Guangdong 528437 People’s Republic of China (Address of principal executive offices) Calvin Lau Chief Financial Officer Jianye Road, Mingyang Industry Park National Hi-Tech Industrial Development Zone Zhongshan, Guangdong 528437 People’s Republic of China Tel: (86) 760-2813-8666 Fax: (86) 760-2813-8709 E-mail: [email protected] (Name, telephone, e-mail and/or facsimile number and address of company contact person) Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered Ordinary shares, par value $0.001 per share * New York Stock Exchange * * Not for trading, but only in connection with the listing of American depositary shares (“ADSs”) on the New York Stock Exchange.
    [Show full text]
  • ENGIE Signed Two Major Agreements in China Press Release
    Press release November 2, 2015 ENGIE signed two major agreements in China In presence of the French and Chinese Heads of State, ENGIE signed two major agreements in Beijing this Monday 2nd November 2015, with Chinese energy groups, respectively China Huaneng Group and Beijing Enterprises Group. Both agreements express the ambition of ENGIE to pursue its growth through partnerships and cooperation activities with key Chinese partners, not only in China, but also abroad. Those global agreements consider the entire energy value chain: power, natural gas and energy services, with a specific focus on efficient and innovative solutions able to take on the challenges of energy’s transition to a low-carbon economy. China Huaneng and ENGIE are leading energy companies with a strong base in their respective country, but also expanding abroad and considering each other as partners of business development. Both parties wish to further expand their scope of cooperation including development and investment in the areas of the gas value chain (LNG infrastructures, LNG supply and downstream natural gas industry chain, coal-bed methane), conventional and renewable energy resources, scientific and technological cooperation on advanced power technologies, with a view to cleaner and renewable energy, energy saving and emissions reduction. Beijing Enterprises Group and ENGIE are willing to carry out their historical and trustful cooperation with a view to partner in China, jointly study and develop green supply and efficient management of energy for the 2022 Winter Olympic Games hosted by Beijing and the province of Hebei and energy infrastructures and services to the Beijing - Tianjin - Hebei “capital circle” region.
    [Show full text]
  • Xinte Energy Co., Ltd. (A Joint Stock Company Incorporated in the People’S Republic of China with Limited Liability) Stock Code : 1799 Xin T E Ene R G Y Co
    Xinte Energy Co., Ltd. (A joint stock company incorporated in the People’s Republic of China with limited liability) Stock code : 1799 Xin t e Ene r g y Co. , Ltd. Xinte Energy Co., Ltd. 2018 Annual Report 2018 Annual Report Contents Corporate Profi le 2 Defi nitions 4 Major Events in 2018 8 Financial Summary 11 Chairman’s Statement 13 Management Discussion and Analysis 15 Profi le of Directors, Supervisors and Senior Management 36 Report of the Board of Directors 42 Report of Supervisory Board 71 Corporate Governance Report 73 Independent Auditor’s Report 98 Consolidated Balance Sheet 104 Consolidated Statement of Comprehensive Income 106 Consolidated Statement of Changes in Equity 107 Consolidated Statement of Cash Flows 108 Notes to the Consolidated Financial Statements 109 2 XINTE ENERGY CO., LTD. Corporate Profi le DIRECTORS AUDIT COMMITTEE Executive Directors Mr. Wong, Yui Keung Marcellus (Chairman) Mr. Zhang Jianxin (Chairman) Mr. Yang Deren Mr. Yin Bo Mr. Qin Haiyan Mr. Ma Xuping(1) Mr. Tao Tao(3) Mr. Xia Jinjing(2) Mr. Lin Chengfei(4) Ms. Guo Junxiang Non-executive Directors Mr. Zhang Xin NOMINATION COMMITTEE Ms. Guo Junxiang Mr. Qin Haiyan (Chairman) Mr. Tao Tao(3) Mr. Yang Deren Mr. Lin Chengfei(4) Mr. Yin Bo Mr. Wong, Yui Keung Marcellus Independent Non-executive Directors Mr. Zhang Xin Mr. Qin Haiyan Mr. Yang Deren REMUNERATION AND ASSESSMENT COMMITTEE Mr. Wong, Yui Keung Marcellus Mr. Yang Deren (Chairman) Mr. Qin Haiyan SUPERVISORS Mr. Ma Xuping(1) Mr. Chen Qijun (Chairman) Mr. Xia Jinjing(2) Ms. Wu Wei(5) Mr. Wong, Yui Keung Marcellus Mr.
    [Show full text]
  • Achtergrond Bedrijvenlijst Klimaatlabel
    Achtergrond bedrijvenlijst klimaatlabel Olie- en gasbedrijven We kijken naar investeringen in olie- en gasbedrijven die opgenomen zijn in de Carbon Underground ranking. Dit zijn beursgenoteerde bedrijven met de grootste koolstofinhoud in hun bewezen voorraden – die dus het sterkst bijdragen aan klimaatverandering bij ontginning van de voorraden waarop ze rekenen. Zie http://fossilfreeindexes.Com Anadarko Petroleum Antero Resources Apache ARC Resources BASF Bashneft BHP Billiton Birchcliff Energy BP Cabot Oil & Gas California Resources Canadian Natural Resources Cenovus Energy Centrica Chesapeake Energy Chevron China Petroleum & Chemical Corp Cimarex Energy CNOOC Concho Resources ConocoPhillips CONSOL Energy Continental Resources Crescent Point Energy Denbury Resources Det Norske Devon Energy DNO International Ecopetrol Encana Energen ENI EOG Resources EP Energy EQT ExxonMobil Freeport-McMoRan Galp Energia Gazprom GDF SUEZ Great Eastern Gulfport Energy Hess Husky Energy Imperial Oil Inpex JX Holdings KazMunaiGas EP Linn Energy Lukoil Lundin Petroleum Maersk Marathon Oil MEG Energy Memorial Resource Mitsui MOL Murphy Oil National Fuel Gas Newfield Exploration Noble Energy Novatek Oando Energy Occidental Oil India Oil Search OMV ONGC - Oil & Natural Gas Corp Ltd (India) Painted Pony Petroleum PDC Energy Petrobras PetroChina Peyto E&D Pioneer Natural Resources Polish Oil & Gas (Polskie Gornictwo, Gazownictwo) PTT QEP Resources Range Resources Repsol Rosneft Royal Dutch Shell SandRidge Energy Santos Sasol Seven Generations Energy SK Innovation
    [Show full text]
  • Profiles of Directors, Supervisors and Senior Management
    Profiles of Directors, Supervisors and Senior Management DIRECTORS Li Xiaopeng Mr. Li is the Chairman of the Company, Chairman and President of Huaneng International Power Development Corporation (“HIPDC”), as well as President of China Huaneng Group. He graduated from the North China Institute of Electric Power specializing in power plants and power systems and is a senior engineer. Mr. Li was Vice President, President and Vice Chairman of the Company as well as Vice President, President and Vice Chairman of HIPDC, Chairman of China Huaneng Group and Vice President of State Power Corporation. Before joining HIPDC, he had successively served as Engineer of the Power System Research Division, as Deputy Division Chief of the Planning and Operations Division, and as General Manager of the Power Technology and Economic Research Division, Electric Power Research Institute. Huang Yongda Mr. Huang is the President and Director of the Company and the Vice President of China Huaneng Group. He graduated from China Renmin University, specializing in industrial financial accounting and is a senior accountant. He was the Deputy Director of the Economic Moderation and State Asset Supervision Office of Ministry of Power Industry, Deputy Director of the General Office of the Ministry of Power Industry, Deputy Officer of the Finance and Asset Management Department of State Power Corporation, Deputy Director of the Power Department of the State Economic and Trade Commission, President of Jiangxi Province Power Corporation and Vice President of HIPDC. Wang Xiaosong Mr. Wang is Vice Chairman of the Company, Vice President of HIPDC, and Vice President of China Huaneng Group. He graduated from Beijing Institute of Electric Power specializing in thermal power engineering and is a senior engineer.
    [Show full text]