Latest news
Shell to develop shale gas reserves in China
Shell has won government the authorization for its production sharing contract with China National Petroleum Corp., the nation’s biggest oil and gas company. China is working with overseas partners in a move aiming to begin hydraulic fracturing.
read more... 26/03/2013
OECD urges China to initiate reforms for greener economy
The Organization for Economic Cooperation and Development (OECD) urged Beijing to initiate reforms in financial and land systems to ensure a more sustainable and greener economy, even if China made huge efforts toward inclusive growth.
read more... 26/03/2013
Rosneft is tripling oil supplies to China
Russia's top oil producer OAO Rosneft signed an agreement with China to increase crude oil deliveries, reinforcing energy relations between Russia, the world's largest energy producer, and China, the biggest consumer. Russian state-owned oil major Rosneft intends to tripling supplies to China to 1 million barrels a day via the Eastern Siberia–Pacific Ocean oil pipeline.
read more... 25/03/2013
China: The restructuration of PV solar subsidies system may hurt manufacturers
China, set to become the world’s biggest solar market, is facing a restructuration of its subsidies system, envisaging supporting smaller projects rather than large-scale ones in an effort to encourage new facility developments in areas with chronic power shortage issues, according to an industry official.
read more... 22/03/2013
Italy’s Eni strikes a major deal with China’s CNPC
Eni, the Italian energy giant, unveiled that it has sold a 20% stake in natural gas project off the coast of Mozambique, its largest discovery up till now, to China National Petroleum Corp (CNPC).
read more... 15/03/2013