Three Oil Companies drop down the Price in HongKong
Hong Kong: Sinopec, Shell and Caltex, the three major oil companies announced to bring down the oil prices, from 0.2 to 0.25 Hong Kong dollar per liter of petrol.
Cuba found more than 200 million Barrels of Oil Reserves, ranking No.1 in the World
In the eyes of friends and enemies, Cuba has many kinds of image. But up to now, no one believes that it is lucky. However, since this news reports came out this week, it seemed that Nature gave this island nation’s enough oil and made it rising to the ranks of the energy power strong countries.
The National Electricity Demand of the Past 9 Months This Year increased 9.7% compared to the Last Year
According to the latest statistics from the China Electricity Council, in the past 9 months this year, the first industrial electricity consumption has grown 3%; the second 9%; the third 11%. In addition, Chinese urban and rural residents living electricity consumption has increased ahout 13% compared to the last year.
Setting up the State Energy Conservation Center
In the provision approved by the office, the State Development and Reform Commission sets up the State Energy Conservation Center. It belongs to National Develpment and Reform Commission and under the Government’s management and implementation of energy-saving technical support agencies.
Japan has passed the Oil Bill of OIl Activities in Indian Ocean
According to Japan’s Kyodo News reports that the special committee on counter-terrorism came to vote on 20th evening, and passed the bill that the self-defense force could continue to supply fuel in the Indian Ocean.
Pitch Black in Venezuela
According to HongKong “Oriental Daily News” reports that, it was pitch black on 19th in Venezuela. Most of the country had the power failure. It was reported that the power failure was due to one of the main power supply cables’s problem.
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China Coal Energy (7.15, -0.01, -0.14%, right) in a notice issued by the HKEx, the chairman of the board by the dawn has submitted a written report of the resignation with request to resign from executive director, chairman of the board of directors and its related duties.
On Oct. 20th the acquisition, sale prices continued to fall, and the need of market is in the doldrums
Since last weekend, Shandong, Hebei and other textile enterprises reduced again to lint prices which the plant receive, and the payment ways are also demanding more than the original.
China National Petroleum Corporation will work with Uzbek national oil and gas for joint venture to develop Uzbekistan’s oil fields
Xinhua Net from Beijing on October 20 (Reporter An Pei, Zhang Yi) reporter from the China National Petroleum Corporation was informed that oil was recently in the Uzbek national oil and gas company with the formal signing of the agreement. The two sides will develop a joint venture Minger Blake Oil field.
Development and Reform Commission next year there is a substantial increase at the minimum grain price
Chinese State Development and Reform Commission Monday (20) that will be listed on the market price which is higher than in the north-east of the Central Reserve to buy beans, and a substantial increase in next year’s production of wheat and rice minimum price.
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Considering the People’s Livelihood and Economic Stability to lower Housing Transaction Taxes
Experts believed that it is a good news of lowering business taxes and fees in trading links. On the one hand, people’s livelihood chould be concerned, on the other hand, it could be conductive to maintaining the steady economic growth.
Chinese Prices continued to drop and it is significantly to control Inflation
According to the series of macro-economic data from China National Bureau of Statistics, the margin of price rise of CPI, which is most closely related to the consumer, continued to drop.
Development and Reform Commission: A small Drop in the Pork and Egg Prices
According to price monitoring center of the National Development and Reform Commission, the average retail price in 36 large and medium-sized cities’ supermarkets was 13.30 yuan per 500 grams last week, 1.12 percent declined the previous week.
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