The US vinyl acetate monomer market is seeing a tightening of supply that will likely push pricing higher through the first quarter of 2016 despite falling feedstock prices and a weaker energy sector, sources said. US VAM increased $20/mt ...
The 20-year cost of the Midcontinent Independent System Operator's compliance with the US Clean Power Plan could be as little as $5.8 billion to as much as $104 billion in today's dollars, depending on which strategies are pursued, ...
Tags: Clean Power, natural gas
The US fuel oil hi-lo, the spread between US Atlantic Coast 1%S fuel oil and US Gulf Coast 3%S fuel oil, fell below $1/b Thursday for the first time since October on an expected lack of demand for power generation. Platts assessed USAC ...
European exchange-traded gas volume rose to a record in November on the back of a steep increase in NBP and TTF activity, with total gas traded volume rising above 4,000 TWh for the first time in eight months, data compiled by Platts ...
Tags: gas
Demand for natural gas and therefore liquefied natural gas from Chile's power industry collapsed in November following a sharp increase in the availability of cheap hydroelectricity after a wet winter and spring, energy ministry data show. ...
Tags: natural gas, electricity, fuel
The Asian gasoil market saw a sharp reversal in fortunes this month as higher exports from India and North Asia and weakness in Europe, despite the cold season, clamped shut arbitrage outflows from Asia, resulting in a buildup in supply ...
Tags: Gasoil, sulfur gasoil
The Communist Party of China (CPC) Central Committee has held a meeting to solicit opinions from non-communist persons on the country's economic work, according to a statement released on Monday. While presiding over the meeting, which ...
China supports new energy vehicles to save energy and combat pollution [Photo: blog.sina.com.cn] China's production of new energy vehicles surged by 600 percent year on year in November thanks to government support. Total production in ...
South Korea's financial regulator on Wednesday approved the banking operations of China Everbright Bank, a unit of the state-owned Everbright Group. The Financial Services Commission (FSC) said in a statement that it gave a nod to ...
Tags: Everbright Bank, foreign banks
The just-concluded 14th Shanghai Cooperation Organization (SCO) prime ministers' meeting has once again drawn global attention to China's endeavor to export its surplus industry capacity to meet demand in other countries. A statement ...
China's central bank projected its baseline forecast for 2016 growth at 6.8 percent on Wednesday, expecting the number of positive factors to gradually increase despite downward pressure on the economy. The rate is slightly lower than the ...
Tags: Central Bank, economy
China's emerging industrial sectors, inspired by technological innovation and innovative policies, have developed rapidly in 2015. The boom in telecommunication, high-tech manufacturing, e-commerce, new energy and other emerging ...
China's annual economic growth could be between 6.6 percent and 6.8 percent next year, with employment and consumer prices remaining stable, a government think tank forecast on Wednesday. However, with growing downward pressure due to ...
Tags: economic growth, GDP
China's power use, a key barometer of economic activity, ended a two-month falling streak in November by edging up 0.6 percent from one year earlier as the economy showed signs of stabilization, according to data released Wednesday. ...
Tags: Electricity, Power, economy
Chinese Minister of Commence Gao Hucheng and U.S. Trade Representative Michael Froman discussed and reached consensus on the negotiations on the expansion of the WTO Information Technology Agreement on Wednesday in Nairobi, Kenya. ...