Fears Over Glut to Subdue Oil Prices

The year 2018 wrapped up with a rout in benchmark prices of WTI and Brent. The downside risk haunts despite a pledge from the OPEC countries to cut output in 2019. Growing caution among investors...

Chinese Companies Foray into LNG Shipping

China is planning to pool resources for competition with South Korea in building liquefied natural gas (LNG) carriers, said industry insiders, adding that, the country has already surpassed many global rivals in mega container...

China, Japan Chase for Philippines’ First LNG Terminal

The Philippines has become a new front in Japan and China's intense rivalry in overseas infrastructure as companies from both countries are rushing to build the first liquefied natural gas (LNG) import terminal in the Southeast...

EU Agrees to End Coal Subsidies For Driving Cleaner Energy

The European Union reached on Dec. 19 a deal over a proposed reform of the bloc's electricity market, including stepwise elimination of coal subsidies by 2025. The deal encompasses a suite of new laws designed...

China is ‘the Only Player in the Game’ of Making Electric Buses, Taxis, and...

Throughout the land of China, the replacement of gasoline-fueled taxis, buses and trucks with new electric models is in full swing. This huge change in China has also boosted a wave of global electric vehicle...

Australia Aims to Become World-leading Lithium Battery Player

Australia has released a strategy for seeking investment to develop a competitive lithium-ion battery industry by making the best of its minerals wealth, the government said in a report on December 11, underscoring that...

Electric Trucks may Lead China’s EV Market in the Future

With the continuous growth of its cruising range, the green energy conservation and environmental protection policies advocated by the state, electric vehicles (EV)  have become the development trend of the vehicle industry in the...

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...

Nuclear Energy Points Direction to Green Future for China

China had just 3 power reactors two decades ago, now, it has 38, and another 19 under construction. China claims over 50 percent of new global investment in nuclear energy and is expected by 2030...

New Energy Vehicles Outperform Other Segments

In the wake of China’s resolve in combat against diesel emissions, the auto industry in the country saw a continuing decline in both output and sales, registering respectively a slump of 4.4 percent to...

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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...