Review of International Energy News
◆ UK’s CO2 emissions in 2012 increased by 4.5% compared with that in 2011 as the consequence of the rising use of coal by power station due to the declining price of coal mine.
◆ EIA estimates in that fourth monthly report that the global demand for the crude oil in 2013 will be up to 90 million barrels per day, increased by one million barrels per day.
◆ Russia’s natural gas monopoly OAO Gazprom (GAZP.RS) and the Netherlands’ Royal Dutch Shell signed the contract of collaboration of further exploration of shale gas.
◆ IMF calls for subsidy reduction or cancellation among countries in oil product, which would result in a 13% decrease in global CO2 emissions.
Review of Domestic Energy News
◆ China will still target USA and EU markets for PV despite of successive runs of investigation.
◆ Projects by State-own wind generation companies account for 81% of national total wind generation installation capacity.
◆ The first refined oil pricing reform in China will be delayed.
