Blockchain Could Turn the Oil Industry on its Head

In such a globally connected economy, the reach of blockchain tech will be wide and promising, possibly disrupting any industry. Part of the oil industry has already integrated blockchain into the sector that is...

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...

Ford Patents Driverless Police Car, Will Artificial Intelligence Lead the Future?

As an automobile giant, Ford always surprises us. After performing successfully in electronic vehicle market, Ford moves its steps to compete as the marketer leader in the driverless vehicle area. The company had filed...

Flourishing Solar Panel Market Generates Business Opportunities

Solar industry, which makes a contribution to both economic development and environmental protection, has been vigorously advocated to develop for years. Solar panel, the core equipment to generate electricity and heat, plays a vital...

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...

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...

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...

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,...

Oil Rises in 2018 after OPEC Deal on Output Cuts

After major oil producers announced to extend output cuts in October, industry analysts have raised their forecasts for the crude price of the coming 2018. Led by Russia, OPEC members and other oil export countries...

India Government Unlikely to Scrap Customs Duty on Import of Solar Panels

India government rejected requests from the Ministry of New and Renewable Energy (MNRE) to cancel tariffs on solar panels imposed last year, according to the minutes of a meeting held earlier this month. Therefore,...

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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...