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Further steps for affordable power supply to rural areas: Nasrul
Staff Correspondent | Updated at 05:31pm on January 08, 2019
Restoration of good governance in power and energy sectors is the next challenge for the government, said Nasrul Hamid, who is to continue as state...
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China to crack down on diesel trucks, raise fuel standards
Reuters . Shanghai | Updated at 12:00am on January 07, 2019
China will take action against highly-polluting diesel trucks by imposing tougher fuel and engine standards, raising rail freight volumes and strengthening its monitoring capabilities, new...
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Oil prices decline on swelling oversupply, volatile markets
Reuters . London | Updated at 12:00am on January 04, 2019
Oil prices fell on Thursday amid volatile currency and stock markets, coupled with concerns that an economic slowdown in 2019 will cut into fuel demand...
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Renewables overtake coal as Germany’s main energy source
Reuters . Frankfurt | Updated at 12:00am on January 04, 2019
Renewables overtook coal as Germany’s main source of energy for the first time last year, accounting for just over 40 per cent of electricity production,...
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Oil falls to $53 on economic worries, surging supply
Reuters . London | Updated at 06:41pm on January 02, 2019
Oil fell towards $53 a barrel on Wednesday, under pressure from rising output in major OPEC and non-OPEC producers and due to concerns about an...
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India exempts rupee payments for Iran oil from hefty taxes: govt order
Reuters . New Delhi | Updated at 12:00am on January 02, 2019
India’s finance ministry has exempted rupee payments made to the National Iranian Oil Co (NIOC) for crude oil imports from a steep withholding tax, according...
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Oil posts first year of losses since 2015
Reuters . Houston | Updated at 12:00am on January 02, 2019
Oil prices ended with full-year losses for the first time since 2015, after a desultory fourth quarter that saw buyers flee the market over growing...
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Asian LNG prices slip but deliveries for December at record high
Reuters . Singapore | Updated at 12:00am on December 29, 2018
Asian spot prices for liquefied natural gas (LNG) slipped this week amid thin trade, though monthly deliveries into Northeast Asia climbed to a record in...
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World’s largest floating LNG platform starts production in Australia
Reuters . Singapore | Updated at 12:00am on December 27, 2018
Royal Dutch Shell said on Wednesday it has begun output at its Prelude floating liquefied natural gas (FLNG) facility in Australia, the world’s largest floating...
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Oil rises to $51 after steep slide
Reuters . London | Updated at 12:00am on December 27, 2018
Oil rose to $51 a barrel on Wednesday on perceptions that a price slide to 2017 lows prompted by economic worries had been overdone amid...