Review of International Energy News

◆International oil price declined on October 29^th affected by the hurricane “Sandy”.

◆The Russian oil company will purchase TNK-BP as scheduled.

◆The Commerce Department announced anti-dumping and anti-subsidy investigations on the solar polysilicon imported from EU on November 1^st.

Review of Domestic Energy News

◆CNOOC signed LNG project framework agreement with British Gas Group.

◆Oil production in China raised to 203 million tons in 2011, ranking 4^th in the world.

◆Two waste-to-energy CDM projects were successfully registered in Hebei Province in China, which will bring emission reduction benefit of 12 million yuan.

◆4th China (Wuxi) International New Energy Congress opened on Nov 1^st.

◆The world's highest UHV big leap tower successfully capped on Oct 28^th.