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BP discovery to boost Egypt's natural gas reserves; Domestic refined oil price down
Author: Source: Date:2014-07-17 Views:

Review of International Energy News

◆ Japan’s giant wind turbines are put into test firstly on Oct.28.

◆Siemens and Accenture have agreed to form a joint venture in the smart grid field that will work with utilities to improve energy efficiency, grid operations and reliability.

◆Egypt’s natural gas reserves are expected to increase by roughly 1.2 trillion cubic feet (TCF) after the latest gas discovery made by British Petroleum (BP) in the country’s East Nile Delta.

◆First Solar, Inc. announced that it has successfully completed and handed over a 13 megawatt (MWDC) photovoltaic (PV) power plant in Dubai, the United Arab Emirates (UAE).

Review of Domestic Energy News

◆ A report released recently by China National Renewable Energy Centre indicates that the financial loss due to wind curtailment has approximately reached 5 billion in the first three quarters of this year.

◆China has decided to prolong its anti-dumping and anti-subsidy investigation period of EU’s polycrystalline silicon for 6 months.

◆ NDRC has lowered the prices of gasoline and diesel for 75 yuan/t both.

◆ Shale gas has obtained more policy support by multiple tax breaks on the basis of production enterprises subsidy.