The Spain-based company Gamesa, will triple its investment in China in the next 2-3 years, to expand its facilities in the country. The Spanish company already invested around 42 million Euro in 2009 and plans to invest a further 90 million by 2012, to meet the rising demand of China’s growing wind energy industry.
read more... 17/09/2010
According to Ernst & Young's latest Renewable Energy Country Attractiveness Indices the Asian giant has succeeded the US as the most attractive location in which to invest in renewable energy projects.
read more... 10/09/2010
Russian oil sector obtained a new market for its oil with the opening of the East Siberian-Pacific Ocean oil pipeline.
read more... 01/09/2010
Oil price drops below $81 per barrel on weakening demand from US and China economies, the largest oil consumers. China July imports fell 17 percent comparing to June.
read more... 11/08/2010
The prices for crude oil jumped on Monday over $78 per barrel after Central Bank of China let the yuan fluctuate freely against the dollar.
read more... 22/06/2010