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 ...
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
LG Display will initiate its OLED lighting business operations, which was acquired from LG Chem, and focus on promotion as its next growth engine, reported Business Korea. An official from LG Display said the company made an official ...
Tags: LG Display, OLED Lighting
The Dark Matter Particle Explorer (DAMPE) has got its name Wukong, announced by the National Space Science Center of the Chinese Academy of Sciences (CAS) on Wednesday. It is named after the Monkey King in the classic Chinese tale, ...
A signing ceremony was held here Wednesday for China's donation of 1 million U.S. dollars in cash for quake relief in Afghanistan. A 7.5-magnitude devastating earthquake struck northeastern Afghanistan in late October this year, leaving ...
Tags: quake relief, assistance
After eight months of patient, indirect and difficult contact with the Dutch collector, the villagers of Yangchun in south-east China's Fujian province failed to get back the mummy Buddha statue of Patriarch Zhanggong which was stolen in ...
Tags: Buddha Statue, cultural relics
Chinese pharmacologist Tu Youyou, 84, speaks during a symposium in Beijing in Oct 2015. A special exhibition on Nobel Prize winner Tu Youyou will open this Saturday in Tu's hometown of Ningbo, Zhejiang province. It was announced on 6 ...
Tags: Tu Youyou, pharmacologist, Nobel Prize
A report from the Chinese Academy of Cyberspace says that China has become the world's largest online retail market. From January to October, China's online retail sales reached 2.95 trillion. Mobile shopping is rapidly growing in China. ...
China's pavilion at the Milan Expo, featuring a floating bamboo roof, wins an eco-friendly award from the expo's organizers. Photos provided to China Daily Qingdao will get a reconstruction of a Chinese trade pavilion that made waves in ...
Tags: China's pavilion, Milan Expo
Great Seed produced a documentary after their 5,000 -kilometer journey across Yunnan, Guizhou, Hunan provinces to explore the ancient art of papermaking. [Photo provided to chinadaily.com.cn] As the country is paying more and more ...
Tags: paper culture, Culture Heritage, intangible cultural heritage
Major iron ore producers will have to cut production like aluminum producers did in 1994 to halt the current slump in spot prices, investment bank Investec said in a note Tuesday. "In our view if iron ore prices prevail at current levels ...
The European passenger car market recorded almost 14% more registrations in November than in the same month of 2014, the European Automobile Manufacturers Association reported Tuesday, which should help boost demand for platinum and ...
Tags: auto catalysts, platinum, palladium
Restart of nuclear reactors in Japan, growing renewable sources of energy and a slow economy are expected to push down the country's LNG consumption by 2020 by as much as 10.5% from 2014 levels, Eclipse Energy said this week. Japan's LNG ...
Tags: nuclear reactors, LNG
The UK needs to allow more shale gas exploration wells nation-wide before a reliable picture of the effect of a shale industry on the country can be properly formulated, the Task Force on Shale Gas said late Monday. The Task Force on ...
Tags: shale gas, natural gas