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
Crude futures settled Thursday at multi-year lows on a stronger US dollar and persistent concerns about oversupply. NYMEX January crude settled down 57 cents at $34.95/b, lowest front-month settle since February 2009. ICE February Brent ...
Tags: Crude, ULSD, crude stocks
According to ABI Research, the consumer robotics market is set to close out 2015 at 33 million shipments with total revenues of US$3.5 billion. By 2025, both shipments and revenues are expected to dramatically increase, with ABI Research ...
Tags: Consumer Robotics, Robotic Toys
A map which illustrates the "One Belt, One Road" initiative of China. [File Photo: Weixin] China released new regulations on maps on Monday to boost development of geographic information industry. Included in the new regulations, which ...
Tags: geographic information industry, Maps, "One Belt, One Road"
A photo shows Chinese tourists travelling overseas. [Photo: sina.com] A new report suggests that 'clamor' - shouting and excessive noise - prompt the most complaints about Chinese tourists in foreign destinations. It reached locals from ...
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 ...
China aims to cover all its urban and rural areas with 4G network by 2018, according to an action plan published by the Ministry of Industry and Information Technology (MIIT) on Monday. The country also plans to install fiber optics in ...
China Food and Drug Administration announced on Tuesday that a credit rating system will be introduced into the food and drug industries. The authorities plan to collect information about credit standing of food and drug producers and ...
Tags: Food, Drug Producers, Credit Ratings
Gooee, the original ‘Full-Stack’, smart lighting ecosystem provider that connects OEMs to the Internet of Things, has developed, out of Silicon Valley, a multi-protocol enterprise IoT gateway that connects lighting and sensing ...
Tags: Gooee, smart lighting, Sensing
Chinese President Xi Jinping delivers a keynote speech at the 2nd World Internet Conference in Wuzhen, east China's Zhejiang Province on Wednesday, December 16 2015. [Photo: Xinhua] Chinese President Xi Jinping on Wednesday lashed out at ...
Tags: Cyberspace, WIC, Double Standards
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
China's cabinet, the State Council, decided on Wednesday to further streamline administration by "separating" business licenses from administrative permits to create a more favorable business environment. The pilot reform, which allows ...