Fears Over Glut to Subdue Oil Prices

The year 2018 wrapped up with a rout in benchmark prices of WTI and Brent. The downside risk haunts despite a pledge from the OPEC countries to cut output in 2019. Growing caution among investors...

The Iran Oil Lever Over Trump by China is Playing Out at OPEC Meeting

The U.S. trade dispute with China is likely to determine in a roundabout way how successful the U.S. is in imposing sanctions on Iran’s oil, and that uncertainty is likely to emerge in OPEC. In...

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...

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,...

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...

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%...

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)...

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...

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...