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Oil Shortage Causes Purchase Restriction in New York
Author: Source: Date:2014-07-17 Views:

Review of International Energy News

Oil shortage causes purchase restriction in New York.

The Swiss bank announced the latest ranking of the top 10 countries of the world oil reserves. They are: Saudi Arabia (362 million tons), Canada (184 million tons), Iran (181 million tons), Iraq (157 million tons), Kuwait(138 million tons), the United Arab Emirates (126 million tons), Venezuela (10.9 billion tons ), Russia (82 million tons), China (60 million tons), Libya (54 million tons).

Japan vigorously explores the power generation and distribution markets in Asia.

International oil prices crashed down nearly 5% on November 7th.

Review of Domestic Energy News

Premier Wen Jiabao attended the second meeting of leaders of the Ninth Asia-Europe Summit in Vientiane, Laos on November 6th, giving speech on global issues.

2012 mineral resource report was published on China International Mining Conference.

EU launched anti-subsidy investigations on photovoltaic cells from China.

2012 solar thermal utilization Forum was held in Lanzhou.