China accounts for more than 20 percent of the world's global energy demand.As it is known to all that China surpassed the U.S.to become the world's biggest energy consumer in 2009.Today the race is still neck and neck.
CNPC in running for Iran energy projects
Chinese oil giant among 29 firms to bid for tenders as a nation recovers from international sanctions China National Petroleum Corporation (CNPC),one of the country's oil giants,has been invited to bid for Iran's crude and natural gas development projects as the Persian Gulf state seeks investment in energy.