Latest news
Daily: Brent crude declines 31 cents at $110.55 in thin trade
Brent crude oil futures for January delivery declined 31 cents or 0.3 percent to settle at $110.55 a barrel in very thin trade on Thursday, driven down by downbeat European economic data and an armistice in the Gaza strip.
read more... 23/11/2012
China to become world’s largest generator of nuclear power by 2020
Stephen Wilson, the Rio Tinto Energy general manager of markets and industry analysis, said that currently China is the ninth largest nuclear energy producer and that by 2020 it is likely to become the world’s largest generator of nuclear power.
read more... 23/11/2012
China to reduce carbon emissions by 730 million tons
According to the new report recently released by the National Development and Reform Commission (NDRC), “ China’s Policies and Actions for Addressing Climate Change, 2012”, China is at work to reduce its CO2 emissions through industrial restructuring and also making efforts to increase the country’s forest with more than 2.51 billion trees that were planted last year.
read more... 23/11/2012
European Parliament gives green light to shale gas exploration
The European Parliament voted on Wednesday against the proposal to ban new hydraulic fracturing operations in the European Union, giving green light to member states on shale gas exploration and exploitation.
read more... 23/11/2012
Power consumption in China to grow by 6% in 2012
The State Electricity Regulatory Commission (SERC) has announced on Wednesday that China’s electricity consumption is likely to grow by about 6% to 5 trillion kWh, with a considerable increase in the last quarter, as the nation's economy recovers.
read more... 22/11/2012