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The International oil price was supported by Ukraine crisis; The Development of shale gas in China is expected to climb
Author: Source: Date:2014-07-17 Views:

Review of International Energy News

◆ The International oil price was supported by Ukraine crisis but was suppressed by Chinese demand.

◆ USA search engine giant Google has completed the first investment on renewable project in Africa. Google invested$ 12 million in the Solar energy project.

◆ Russian Economic Development Minister Alexei Ulyukayev said, the long-term cost of developing Transport infrastructure and energy infrastructure will achieve one hundred billion rouble and Hundreds of billion rouble.

◆Obama announced the U.S. was widening sanctions which concerned energy on Russia.

Review of Domestic Energy News

◆The Development of shale gas in China is expected to climb and it will effectively solve the problems of occupation of shale gas mining land , recycling of water resources, environmental protection and other issues.

◆CNOOC(China National Offshore Oil Corp) announced proprietary deep-water exploration got big break at Southeast Basin in the south china sea, they found Medium sized gas fields(Lingshui17-2).

◆After great difficulty,Chinese photovoltaic industry received new vigor

◆The National Development and Reform Commission announced " Measures of infrastructure construction and operation management of natural gas ". The "measures" has made the corresponding provisions For natural gas, coal-bed methane, shale gas and coal gas