IEA says world oil demand jumps after price slump; The equipment exports of CNPC make up 90% of global equipment market share
(2015/06/08-2015/06/14)
Review of International Energy News
——World oil demand will rise much more than expected this year, the International Energy Agency (IEA) said on 11th June, in the latest sign that the collapse in oil prices is helping to boost fuel use.
——According to a research from JBC Energy, although there is a problem concerning the excess supply, leading to the relatively sluggish oil price, the shale gas production of some places rich in this kind of resource in the United States is rising now.
——The cabinet of Ukraine 3 billion hryvnias for the enterprises of domestic heat power industry on coal purchase will make the decision on allocation, according to Demchishin, Minister of Energy and Coal Industry of Ukraine, at a press rundown on Monday.
——China has more than tripled its imports of Brazilian oil this year, making it the world's leading consumer outside of Brazil, according to Folha de Sao Paulo, a Brazilian daily newspaper.
Review of Domestic Energy News
——The equipment exports of CNPC have made up 90% of equipment market share coming from large-scale oil producers, and the United Arab Emirates has become the largest consumer importing equipments for CNPC.
——China has a promising future for forming several bases of the business development of shale gas, according to China Geological Survey on 9th June with its publishment of China’s Shale Gas: Survey Report 2015.
——China is breaking down barriers of energy market and strengthening surveillance on coal sector, according to Wang Yumin, Deputy Director-General of National Energy Administration, in the 6th World Forum on Energy Regulation.
——CR Power has invested 0.64 billion yuan in a wind power program located in Zi Laiqiao town, Anhui province after signing a protocol for the program between Zi Laiqiao town and CR Power on 11th June.