Review of International Energy News

◆ Amoco boosts exploration budget in the next year.

◆ BP signs the contract with Indonesia corporations about $6.1 billion for LNG supply since 2013.

◆ India plans to cut 10—15% oil import from Iran.

Review of International Energy News

◆ China completes the first thermal power plants in Latin America.

◆ Breakthrough of oil gas exploration happens in Sichuan province.

◆SIPC (a.k.a Sinopec International Petroleum Exploration and Production Corporation) achieves 23.6 million tons equity oil.