In a move which aims to reduce oil exports to European market, Russia has recently announced that it intends to increase oil flows to Asia, making Beijing its top customer, which now imports a fifth of oil exports from the major crude oil producer in the world.
read more... 19/06/2013
China ranks first in the world in attracting renewable energy investment, receiving US$ 65.1 billion in 2012. However, a new analysis performed by the World Resources Institute (WRI) shows that China is increasingly becoming a global force in international clean energy investment.
read more... 12/06/2013
European officials have decided to impose provisional anti-dumping tariffs on solar modules, wafers and cells imported into Europe from China, in a move that could unleash a trade war between two of the world's largest economies.
read more... 05/06/2013
China, the most polluted country in the world and with coal accounting about for 70% of the energy mix, decided to curb its coal consumption by 65%, while gas will be increased to 7.5% by 2015, according to China’s 12th five-year plan for energy industry.
read more... 03/06/2013
Crude oil futures dropped nearly by 2 percent on Wednesday as U.S. stock markets dropped from recent record levels and as investors worried about an uncertain demand outlook for the world economy amid weak growth forecasts for China.
read more... 30/05/2013