Mongolia has initiated a few huge wind power projects to boost its potential in renewable energy and clean electricity delivery to other states in the area, with the aim to create its own "Asia Super Grid".
read more... 13/10/2017
Commodity trader Vitol has increased its export prepayment loans to state oil companies in Kazakhstan to US$5 billion, reinforcing its position in extracting Kazakh oil at a moment when the production of the central Asian nation might grow, as reported by Financial Times on Monday.
read more... 19/09/2017
Russian oil company has made a $12.9 billion worth purchase of the Indian refinery Essar Oil, which will enable them to establish and expand their services in one of the world’s fastest growing oil consumers.
read more... 23/08/2017
Oil slightly increased on Monday, mainly due to speculative traders, forecasts of lower U.S. inventories and news that Saudi Arabia will lower volumes of crude to some Asian buyers in July while deepening cuts to the United States.
read more... 13/06/2017
California Governor Jerry Brown declared on Thursday about his plan to discuss merging carbon trading markets in his state and China when he goes to Asia later this week, denoting his ambition to influence global climate change policy.
read more... 02/06/2017