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...

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...

Europe Becomes the Second Largest Electric Vehicles Market with More Than 1 Million Sales

According to new industry figures, there are now more than one million electric vehicles (EV) in Europe after a surge in sales across the region. Although Europe has reached this milestone goal nearly a year...

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...

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...

US is Becoming the Second Most Attractive Renewable Energy Market in the World

EY’s Renewable Energy Country Attractiveness Index shows that the United States has moved ahead to the second only to China. While it ranked the third last year because of Trump’s fossil fuel industry revival...

EU Plans to Subsidize Billions of Euros for Electric Vehicle Battery

Electric vehicle battery is the lifeblood of the automotive industry in the 21st century. If the EU wants to maintain its leadership in the automotive sector and in decarbonization and clean energy systems, it must have the...

UK On the Path of Sustained Carbon Cuts

2018 marks the sixth year of falling carbon dioxide emissions of UK, the country cut carbon dioxide emissions by 1.5 percent from the previous year, according to a new report. As a matter of fact,...

U.S. Becomes the Top Crude Oil Producer in the World

The Energy Information Administration (EIA) recently released the latest Short-term Energy Outlook (STEO) report, saying that the United States has surpassed Russia and Saudi Arabia to become the world's largest crude oil producer. Although EIA...

China Changes Policy for Solar Sector to Strengthen the Industry

China’s solar stock was hit by a blow in June when the existing government feed-in tariff for photovoltaic industry saw its end and new rules came out, which means a painful reduction of subsidies...

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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...