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UK needs shale gas more than ever

Recent projections made by the government foresee that natural gas demand is estimated to amount to 78.8 billion cubic meters by 2030, with the country’s reliance on imported gas is set to reach 70-75% by that period.

read more... 13/08/2013

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China on track to become world’s biggest oil importer

China is on track to become the world’s largest importer of crude oil, surpassing the U.S. for the first time. In the first 7 month of this year, China’s crude oil imports have already risen 1.4 % to 164 million tons. China is already the biggest energy consumer in the world and the second-largest oil consumer after the United States.

read more... 13/08/2013

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China has started importing gas from Myanmar

The China-Myanmar pipeline has started delivering natural gas to China, aiming to reduce the country’s reliance on shipping through the Strait of Malacca and will help to diversify its energy imports.

read more... 01/08/2013

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UK: energy imports at their highest level in 2012

According to figures released by the government, UK’s energy imports reached record levels last year, increasing once more worries of possible blackouts in the future. The closure of old power plants, declining domestic reserves and low-emissions objectives all pose challenges to shift to low-cost sources of power.

read more... 29/07/2013

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China and EU reached an agreement on solar panels

The European Union and China have finally reached an agreement over imports of solar panels which should help reduce tensions between two of the world’s largest trading powers.

read more... 29/07/2013

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