CNPC Plans to Invest Huge Fund in New Energy Development
In recent days, vice president Hu Wenrui in CNPC said on one international forum that CNPC will invest 10 billion Yuan(RMB 10 billion) in new energy development in 2020. CNPC will combine its advantages and reinforce exploitation in new energy in Hydraulic oil, oil gas, coal bed gas, ethanol fuel, biodiesel and geothermal resources area.
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