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...

US to Overtake Russia as World’s Top Oil Producer by 2019, and Become a...

Oil Sector is Enjoying the Feast Under the Price Growth As the most important energy source and most traded commodity, oil prices began to revive since late 2017. Over the first month of 2018,...

Australia is Using up its Oil Reserves on back of Syria Air Strikes

The coalition missile strike on Syria on late April 14 seemed to verify market anxieties on recurring instability in the Middle East, which have triggered oil price increase and futures during the past week....

Oil Supply from OPEC Rivals Surges

OPEC raised its forecast for oil supply from non-member countries this year as higher prices spur U.S. shale drilling, offsetting an OPEC-led deal to cut a glut of crude supply and a sharp decrease in Venezuelan production. In a monthly oil market...

China Will Accelerate Its “Green Shift”

On March 5, Chinese Premier Li Keqiang delivered government’s work report to the first session of the 13th National People's Congress (NPC). The report outlines the achievements made over the past five years and...

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...

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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...