Review of International Energy News

◆International oil prices go down on Sept. 25, resulting from the market’s misgiving on oil demand.

◆Rosneft, one of the largest oil producer of the world, announced that it has reached an agreement with Enel on share acquisition of Sever Energia.

◆Michael Roche, the principal of QRC, claims that the global coal demand will increase.

◆ Japan has signed an agreement with Canada on importing shale gas.

Review of Domestic Energy News

◆Domestic oil price is expected to decline after the National Day.

◆The Asia’s largest LNG project located in Taian will put into operation at the end of October.

◆NDRC has released its scheme on upgrading oil product quality in next 2 to 4 years.

◆Yingli Group has signed an agreement with North China Electric Power University (NCEPU) on PV field cooperation to promote new energy development.