International oil prices rise; China's oil demand increases

Author: Source: Date:2014-07-17 Views:

Review of International Energy News

Owing to the positive economic data of U.S. and Algeria’s hostage incident, international oil prices rose sharply on Jan. 17th.

The 4th Annual Nuclear Power Asia conference & exhibition was held in Kuala Lumpur, Malaysia on 15-16 January 2013. According to the International Atomic Energy Agency statistics, 100 nuclear reactors over the next 10 years will be built in Asia.

The International Renewable Energy Agency (IRENA) launched the Renewable Energy Roadmap on Jan.14th.

India plans to cut crude oil imports from Iran by 17% in this financial year.

Review of Domestic Energy News

State Grid Corporation of China has made a plan that strong smart grid will be built completely in 2020.

The IEA predicts that China’s oil demand will grow faster in its monthly oil market report.

China’s coal imports rose to 36 million tons in December last year, which made a new record, according to data from China’s General Administration of Customs.

Mongolia has stopped its coal exports to China, probably bringing out a rise in coking coal prices in China.

The National Energy Administration released the total electricity consumption showed year-on-year growth of 5.5%, with a total of 4.9591 trillion kWh.

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