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...

The U.S. Crude Price Hits Three-Year High in Tight Market

Reported by Retuers, oil prices edged higher on Jan.9, with the U.S. crude touching its highest since December 2014, supported by OPEC-led production cuts and expectations that the U.S. crude inventories have dropped for...

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’s Installed Solar Power Capacity Drops in 2018

China installed just a little more than 43 gigawatts (GW) of solar power generation capacity in 2018, 18 percent less than that recorded a year ago, according to a group in the solar sector,...

The End of EU Curbs May Help Chinese Solar Products Exports

In 2013, the EU first implemented anti-dumping and anti-subsidy measures on Chinese solar panels. The EU curbs have been implemented for five years, and expired on September 3. Given the EU's goal of increasing...

Would UK’s Natural Gas be the Next Victim of Carbon Tax?

Natural gas is a major energy source of UK, which covered 40% of UK energy generation in 2016.It mainly used for generating power, providing heat or feedstock. With the emerging of various new energy...

US Expected to Dominate Global Natural Gas Markets

Recently, BP released its latest Energy Outlook, pointing out that by 2023 the US will be self-sufficient in energy and continue to lead global gas production. Except this, the report also adds to the...

Turkey Won’t Stop Gas Imports from Iran Despite U.S. Sanctions

Turkey will not stop purchasing natural gas from Iran as it has a long-term supply deal with Tehran, the Turkish energy minister said on Aug. 8, a day after U.S. President Donald Trump threatened...

US Asks OPEC to Increase Oil Supply Amid Rising Prices

The U.S. government has unofficially asked Saudi Arabia and some other OPEC members to raise oil supply by about 1 million barrels per day (bpd), Bloomberg reported on June 5, citing industry sources familiar...

Indian Refiners Troubled By Venezuela’s Declining Oil Output

Venezuela’s oil exports to India, its third largest crude buyer, experienced a sharp decline in the first half of 2018, according to data from state oil company PDVSA, raising supply concerns for Indian refiners...

MOST POPULAR

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...