[06/23]U.S. considers relaxing crude oil export ban; Pirces of gasoline and diesel increased by 165 and 160 per ton respectively

Author:Xin Tang Source:ceep Date:2014-07-17 Views:

Weekly Review of Energy News
U.S. considers relaxing crude oil export ban; Pirces of gasoline and diesel increased by 165 and 160 per ton respectively

(2014/06/23-2014/06/29)

Review of International Energy News
◆ The United States is relaxing a decades-long policy that has largely prohibited exports of unrefined American crude oil.
◆ Russia has decleared to stop natural gas supply to Ukraine, which may increase the price of natural gas in Europe.
◆ According to IEA, renewable energy will be the second-largest source of electric power generation in 2016.
◆ Iran is producing biodiesel from edge material of fish products.

Review of Domestic Energy News
◆ National Development and Reform commission increased the price of gasoline and diesel by 165 yuan per ton and 160 per ton respectively on 23rd June.
◆ According to National Development and Reform commission, the nuclear power project will be greatly supported, especially the approval process.
◆ National Energy Bureau released an announcement requiring improving the management of nuclear power project approval.
◆ Guangxi province planned to complete the construction of natural gas pipelines in all municipal-level city this year.
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