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.15^th, 2013.

◆China develops the firstpower 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.