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
Saudi Arabia to become a major solar market
Saudi Arabia, as the largest oil producer, is planning to place more focus on renewable energy generation in order to curb its oil consumption.
read more... 14/05/2012
Turkey to boost its renewable targets by 2023 to deal with its electricity consumption
Turkey envisages increasing its use of renewable energy by 2023, according to a research performed by the Energy and Natural Resources Ministry.
read more... 01/03/2012
China to cut its energy use by 21% by 2015
The Chinese Ministry of Industry and Information Technology (MIIT) announced that China envisages cutting its energy consumption by 21% by 2015 and closing inefficient companies in more than 10 industries because of overcapacity, high energy consumption, and pollution.
read more... 28/02/2012
China –net crude imports to grow slowest in 6 years
According to a released report by oil firm China National Petroleum Corp (CNPC), China’s net crude oil imports are expected to increase 5.9 percent in 2012, registering the slowest growth rate since 2006. This is because of sluggish exports market cuts into consumption. Net crude imports are expected to increase to 266 million tonnes in 2012 from 251.26 million tones.
read more... 03/02/2012