Latest news
China’s gas consumption to triple by 2030
China’s annual gas demand is forecasted to grow to 350 billion cubic meters (33.8 Bcf/d) by 2020 and 550 Bcm by 2030 from 130 Bcm in 2011, according to IEA estimates.
read more... 08/06/2012
Daily: Brent dips towards $101 on disappointing manufacturing data in China
Brent crude dipped towards $101 a barrel on Friday, posting the worst month since 2008 in May, driven down by disappointing manufacturing data in the second global oil user China.
read more... 01/06/2012
New oil discovery in Bohai Sea, China
China National Offshore Oil Corporation (CNOOC) Limited, the listed unit of the country's largest offshore oil producer, has recently revealed that the company has made a new oil discovery in the Bohai Sea, China.
read more... 01/06/2012
Daily- British prompt gas prices decline on North Sea supplies improvement
Brent oil futures slipped on Wednesday, pulled down by intensifying fears about Spain's banking system, and after China revealed it was not planning a large stimulus package.
read more... 30/05/2012
China to invest $27 billion on renewable energy promotion
China envisages spending $27 billion (£17bn) this year for the promotion of renewable energy, energy conservation and carbon emission reductions.
read more... 28/05/2012