EU Set to Scrap Punitive Measures For Chinese Solar Panels

The European Union was preparing to scrap import controls on Chinese solar panels and cells in September when the current protective measures expire, Reuters reported on August 24. The European Commission, which is responsible for...

India Eases Crude Import Rules To Lessen Pains From High Oil Prices

India has revised crude import rules to allow state refiners to buy an increased 35 percent part of their oil imports in vessels arranged by the seller, as reported by Reuters after reviewing an...

Chinese E-Car Firms Eye Egyptian Market

Egyptians seemed to have not enough awareness of the market value of electric vehicle, but things are changing thanks to an Egyptian company. Darshal has been picked by Chinese companies Dongfeng Liuqi Motor and Vasworld...

Lithium Race Attracts Powerful Technology Fund

Softbank has decided to invest CAD$99.1 million into the Canadian company Nemaska Lithium recently, and then it will own 9.9% share of Nemaska Lithium. This fund will become the largest technology fund in the...

Soybean Futures Plunge to Lowest Point in Two Years on US-China Trade War Fears

Soybean futures dropped more than 5% to the lowest level in two years on June 19th under the U.S. - China trade war, which has dimmed hopes that U.S. farmers might still have a...

EU Nations Reach Agreement on Imposing Emission Cuts on Carmakers

European Union nations reached an agreement on Tuesday 9 October to cut car emissions by 35 percent by the year 2030, in response to UN experts’ warning about dangers of global warming. The 35 percent...

Biofuels Help China to Clear the Air

China has been producing shining transcripts to the world in economic development over the past decades, however, this comes at a huge price of environment pollution. Some major industrial cities in northwestern part of...

Argentina Allowed to Export Biodiesel to EU Again

Argentina and the European Union (EU) entered into a deal to solve a dispute over biofuel exports from the South American country to the 28-member-state bloc, the Argentine Ministry of Foreign Affairs said at...

BP Steps Further into EV Market by Funding NIO Capital

British Petroleum (BP PLC), one of global oil giants, announced that it will inject $10 million into an investment fund backed by Chinese electric-car maker NIO, in order to expand into China’s fast-growing new-energy vehicle and...

Coal India May Miss Annual Output Goal for FY 18

Coal India Limited (CIL), the largest coal miner in India, produced 54.63 million tonnes of coal in December 2017, falling short of a predetermined target of 58.89 million tonnes, the company said in a...

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EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...