Latest news
China to limit energy consumption at 8% by 2015
The Chinese government has announced, on Wednesday, that China will aim to limit total annual primary energy consumption to 8% a year from 2010 to 2015, as it seeks to improve efficiency and to decrease emissions of greenhouse gases and pollution. It intends also to limit installations of new-coal fired power plants while improving the share of renewables.
read more... 24/01/2013
China’s power consumption up 5.5%
According to the National Energy Administration, China’s national electricity consumption was 4.9 trillion kilowatt hours in 2012, up 5.5 percent in comparison to 2011, when it registered a growth of about 11.7%.
read more... 14/01/2013
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
Shell intends to invest 1 billion dollars annually in China gas projects
Royal Dutch Shell Plc, Europe's largest oil company, is set to invest about 1 billion dollars per year in its upstream businesses in China starting from this year, as a response to the country’s surging natural gas consumption, which is expected to rise to 230 billion cubic meters by 2015, announced on Tuesday Peter Voser, the company's chief executive officer.
read more... 21/11/2012
Daily: UK gas prices ease on lower consumption
Brent and U.S. crude oil futures rebounded on Thursday in a choppy trading, even if gains were slashed by concerns about Europe's economy and U.S. fiscal policy. Meanwhile, Brent December crude climbed 43 cents, or 0.40 percent, to settle at $107.25 a barrel and U.S. December crude increased 65 cents, or 0.77 percent, to settle at $85.09 a barrel, having traded from $84.22 to $85.70.
read more... 09/11/2012