Ukraine ceasefire deal reached after marathon Minsk talks; Sinopec provided free-fuel services for migrant workers on motorcycles

（2015/02/09-2015/02/15）

Review of International Energy News
◆On 13th February, marathon peace talks achieved the breakthroughs that were a ceasefire due to start Sunday and an agreement for Ukraine and Russia to pull back heavy weapons, which would ease Russia’s anxieties about its oil demands.
◆The 2015 edition of the Technology Roadmap: Nuclear Energy jointly prepared by the International Energy Agency (IEA) and the NEA, has just been published, pointing out that nuclear energy can play a key role in low-carbon baseload electricity.
◆Russia can’t and won’t join the Organization of the Petroleum Exporting Countries (OPEC) as long as OPEC operates the industry through government-controlled companies, the head of Russian oil giant Rosneft, Igor Sechin, said on Tuesday.
◆Shipments of PV inverters will exceed 50 GW this year, jumping about 29% from 38.7 GW in 2014, according to a new report from GTM.
◆Solar and wind power may become the cheapest forms of energy in Asia by 2025-2030 according to Lappeenranta University of Technology.

Review of Domestic Energy News
◆On 10th February, gas stations under the China Petroleum & Chemical Corporation (Sinopec) in Guangdong province and Guangxi Zhuang autonomous region provided free-fuel services for migrant workers on motorcycles.
◆Zhuzhou CSR Times Electric Co. Ltd, a subsidiary of CSR Corporation Limited of China, has acquired Specialist Machine Developments (SMD) group.
◆On 9th February, the National Development and Reform Commission issued a price adjustment that retail gasoline prices would rose by 290 yuan and diesel by 280 yuan since 10th February.
◆The growth rate of natural gas has dropped to 10-year low in 2014 and China desires a gas pricing reform from the expert’s standpoint.