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The Chinese IT spending is anticipated to reach US$ 216.7 Billion in 2010, representing significant growth opportunities for technology and service providers. According to Gartner, IT spending by enterprises and consumers in China is projected to reach the figure of US$ 216.7 Billion in 2010, exhibiting good opportunities for technology and service providers. This represents an increase of 5.9% from US$ 205 Billion in 2009, as reported by   ... Read more
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World Bank To Support Electricity Supply to Sri Lankan Villages
03 Jul, 2007
Sri Lanka has made significant progress in the promotion of private sector investments in renewable energy sources for rural areas. Productive use of electricity has led to a rise of income in rural households. Colombo Page published news of the approval of US$ 40 Million additional financing by ...Read more

UK Doubles Target For Green Energy
29 Jun, 2007
UK government plans to double its electricity generation by the year 2020 by using renewable sources of energy, such as wind and solar power. The UK government has revealed plans to double its target for electricity generated through renewable energy for 2020. This bodes well for the wind industry ...Read more

Flexibility In Long-Term LNG Contracts: Taiwan’s Need
13 Jun, 2007
Demand for LNG is continuously increasing in Taiwan, and is predicted to increase about 5 to 8 million metric tons this year. According to the news published in The China Post , Chen Ruey-long (The Minister of Taiwan’s economic affairs) said, “Taiwan needs much more elasticity in ...Read more

Singapore Speeds Up Quest For Regional Gas Traders
13 Jun, 2007
With the aim of creating a regional gas trader in Singapore, the government has been initiating measures to invite investments from abroad with tax breaks and concessions. The news published on Herald Tribune reported an offer for tax breaks on profits generated by liquefied natural gas and carbon ...Read more

India Turns To Middle East For Oil & Gas Imports
25 May, 2007
India's increasing demand and exhausting sources lead to India turn towards the Middle East for oil and gas supplies. India is ranked as world's sixth largest importer of oil. As per the news published on PressTV , China, US, and Japan are striving to access oil and gas from the Middle East, ...Read more

Wind Energy – A High-Flying Sector in China
18 May, 2007
Chinese wind energy sector is booming with continuously growing demands for energy from China & the US. It’s expected to grow by 19% in the current decade. With the continuous rise in Chinese & US demand, wind energy sector should grow by 19% annually through the decade’s end, ...Read more

Sonatrach Seeks To Increase Exports To US
17 May, 2007
Sonatrach, an Algeria-based company, plans to triple its LNG exports to US. Natural gas is the basic energy source for many industrial sector and so, it has bright future prospects. On May 13,2007, the chief executive of Sonatrach, Mohammad Meziane, said that their company, will triple its exports ...Read more

Japan Pledges $100 Million To Save Environment
16 May, 2007
Considering the need of clean energy to save the environment, Japan has endeavored to invest US$ 100 million in Asia’s clean-energy projects. On May 6, 2007 Japan has vowed to invest US$100 million to sustain clean energy development in Asia considering the increasing greenhouse emissions ...Read more

Myanmar Has Plans To Increase Biofuel’s Output By ‘08
16 May, 2007
For years now the Myanmar authorities have been advocating the use of biofuel in the country to reduce the dependence on petrol, kerosene and diesel. Rising world crude prices and availability of biofuel are the main reasons. The Myanmar Ministry of Agriculture and Irrigation has revealed ...Read more

EU - The 'World Biggie' In Biodiesel Production
15 May, 2007
The year 2005 saw the emergence of European Union as the world's largest producer of Biodiesel, with an increase of 66% in the output. The year 2005 saw the emergence of European Union as the world's largest producer of Biodiesel, with an increase of 66% in the output. The figures for overall ...Read more

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