The Board of Green Dragon Gas Ltd. (GDG.L) announced it has concluded a comprehensive business review and is implementing a strategically focused growth plan. The company said it is committed to be a focused upstream business through the continued divestiture of the ancillary businesses developed and acquired by Green Dragon out of necessity to achieve the growth as a pioneer in the Chinese CBM market.
At the conclusion of the plan, Green Dragon Gas will be a high growth E&P business within the unconventional gas market in China with reduced fixed costs, the company said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.