Loss incur in large coal enterprises(Source: International Coal Net)

◆Trend of oversupply in coal market caused about 90 large coal enterprises facing huge loss in China in the first half year.

◆Oil prices will be up regulated in August, leading to raised preferential price in gas station.

◆Main iron and steel enterprises realized profits of only 2.385 billion yuan, while the actual loss raised to 1.3 billion yuan in the first half year in China. Zhu Jimin, director of China Steel Industry Association, said on July 30th.

◆A large area of blackouts happened in India once again on July 31st.

◆Cooperated with the Algerian National Oil Company (Sonatrach), German energy giant E.ON. discovered new oil and gas in Algeria.

◆40 cross-business enterprises are pouring into the photovoltaic industry in Japan.