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...

New Marine Fuel Rules To Spur Green Shipping With LNG

Strict new regulations on shipping fuel are driving shipowners to utilize liquefied natural gas (LNG) as a greener option, and ports such as Gibraltar are preparing to launch upgraded refueling facilities in response to...

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...

California Has Achieved 2020 Greenhouse Gas Emissions Target Four Years Early

In view of the current U.S. government's attitude toward clean energy, some may think that it is more difficult for U.S. states to implement their own greenhouse gas emissions plans than usual. However, California...

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...

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...

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...

The Increasing Solar Investment Shifts Mainstream Energy from Nuclear Power and Coal to Renewable

With the plunging prices of clean energy technologies, renewable energy has grown up to be an increasingly attractive prospect for governments around the world. Last year investment in renewable energy was far more expensive...

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...

Energy Transition: Portugal Breaks 100% Renewables Mark

Last month, Portugal's renewable electricity output exceeded its monthly total grid demand, according to REN, the operator of the national transmission system. The average renewable energy for this month exceeded 103% of consumption, 55%...

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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...