Bangladesh’s First LNG Terminal Begins to Run

After several delays to start injecting liquefied natural gas (LNG) into the national grid, Bangladesh’s first LNG terminal has started operations in August, initiating the county’s LNG supply for the first time in history. The...

IEA Clouds Oil Demand Growth As Electric Cars, Clean Energy Develop

Electric vehicles and more efficient use of clean energy will moderate oil demand for transportation by 2040 more than earlier expected, the world, however, may still face a tension in crude supply without enough...

Oil Rises to Month High on Looming Iran Sanctions, Falling U.S. Stock

Oil prices jumped to the highest in several weeks in August, extending gains on growing concerns of a drop-off in Iranian crude exports and after a bigger-than-expected fall in U.S. crude stockpiles. Global benchmark Brent crude...

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...

Australia Clean Energy Investment Reached the Peak in 2017

Statistics from Bloomberg New Energy Finance (BNEF) shows that “Australia’s clean energy investment took in $9 billion in 2017, up 150% on 2016 and lifted Australia to 7th position in terms of global clean...

China Looses Coal Import Restrictions to Secure Summer Power Supply

China’s energy regulators have eased controls on coal imports at the country’s major ports, as a significantly larger amount of coal will be consumed to ensure the jumping demand for electricity during the next...

Renewable Energy Price is Predicted to Fall in the Near Future

Renewable energy is widely used in various industries to protect the environment and save cost. The price of such energy has influenced the market trend and people’s daily life. According to a recent report,...

Freeways Make Free Energy? China Paves Roads with Solar Panels

Western countries have been considering paving roads with solar panels for many years. The Chinese have already done it, installing panels on the downhill section of a freeway in Shandong Province. The world's first photovoltaic(PV)...

China Boosts Shift to Clean Energy, Sets New Target

China is stepping further into the promotion of renewable energy nationwide, setting higher green power targets and punishing those who fail to meet those goals. As the world's biggest energy consumer, China is aiming to...

Chilean Energy Mix is Shifting Towards Clean and Renewable

In the past decades, the traditional power generation methods like coal, oil and hydroelectric dams have dominated Chile’s power grid. The renewable energy such as solar and wind energy was deemed less cost-efficient for...

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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...