Review of International Energy News

◆ According to a report of OEPC, technology extracting oil and gas from shale is significantly impacting on the global energy supply pattern.

◆ According to Reuters Financial Network, European oil demand declined in the past five years, hitting the lowest in 20 years.

◆ Russia’s “Asia-Europe oil and gas” reported that Russia might have 680 trillion cubic meters of unconventional gas resources.

◆ The International Renewable Energy Agency (IRENA) will discuss and draft a new “energy roadmap” to increase the proportion of renewable energy in the overall energy consumption in the word.

Review of Domestic Energy News

◆ The latest data released by the National Energy Administration show that China has become the largest energy producer till the end of 2012.

◆ The 2013 national energy working conference put forward that the energy working focus this year is to develop shale gas and photovoltaic.

◆ China's offshore wind turbine successfully enter into the "6.0" era.

◆ In 2012, Sinopec's oil and gas proved reserves for the first time exceeded 800 million tons of oil equivalent.

◆ The domestic LPG market price generally increased by 200-300 yuan per ton at the beginning of this year.