Review of International Energy News
◆ Encana Corp. and PetroChina form joint venture to develop natural gas in Alberta: PetroChina's wholly owned subsidiary Phoenix Duvernay Gas will pay about $2 billion for a 49.9% stake in Encana's 445,000 acres in the Duvernay.
◆ Russia and UAE sign nuclear deal on the development and use of civilian nuclear power.
◆ Iran has launched the world’s longest ethylene pipeline, which carries the chemical compound from the southern Persian Gulf port of Assaluyeh to petrochemical complexes in the western provinces of Iran.
◆ Zimbabwe has signed a $400m contract with China's Sinohydro to expand its Kariba hydropower plant
Review of Domestic Energy News
◆ 2012 China Annual Conference on Energy Saving in Service Industry will be held on Jan.15th, 2013.
◆ China develops the first power generator at low wind speed, which does great help to the power generation in the central and southeast area in China.
◆ China will launch the coal price reform in 2013.
