Review of International Energy News

◆The European Commission has approved a phased introduction of punitive anti-dumping tariffs, about 11.8%, on Chinese PV imports to Europe.

◆The Central-America might be the next oil center of the whole world since the breathtaking development of shale gas.

◆The United States oil production surpasses imports for first time since 1997. It is roughly estimated that US oil production might surpass Saudi Arabia by 2017 and become the gas net exporter by 2020.

Review of Domestic Energy News

◆Oil price in China is decreasing as the refined oil price falls by 95 yuan per ton and diesel oil decreases by 90 yuan per ton.

◆Another explosion happened with PetroChina, Dalian Branch on June 2,2013, causing great damages.

◆China will launch a number of cooperation projects with Mexico in the light of oil trade.