Category: Asia

After hybrid success, Toyota gambles on fuel cell

Toyota is betting that drivers will embrace hydrogen fuel cells, a technology that runs on the energy created by an electrochemical reaction when oxygen in the air combines with hydrogen stored as fuel.  More »

U.S. Imposes duties on steel pipe imports from South Korea

he U.S. Commerce Department set duties from 9.89 percent to 15.75 percent on Korean pipe, which is used in oil drilling, according to a fact sheet released today by the agency. Last year, pipe worth $818 million was exported to the U.S. from South Korea.  More »

Oil demand up fastest since 2010 on China, IEA says

Global oil demand will rise at the fastest pace in five years in 2015 as China leads gains in emerging economies, the International Energy Agency said.  More »

Fortune Global 500 list heavy on oil

Wal-Mart took the No. 1 spot on Fortune’s Gobal 500 ranking of the world’s largest companies based on revenue, but the top of the list was sloshing with oil.  More »

India pipeline blast kills 15 people, guts houses (video)

A state-owned gas pipeline exploded and burst into flames Friday, killing at least 15 people, destroying homes and forcing the evacuation of neighboring villages in the southern Indian state of Andhra Pradesh, authorities said.  More »

Coal: A ‘Million Dollar Mile’ Getting Longer In the U.S.

U.S. demand for coal has fallen in recent years and export has become ever more important to domestic coal producers. Asia is the obvious export target, but challenges abound.  More »

Nuclear regulators ‘overwhelmed’ as China races to launch world’s most powerful reactor

China is moving quickly to become the first country to operate the world’s most powerful atomic reactor even as France’s nuclear regulator says communication and cooperation on safety measures with its Chinese counterparts are lacking.  More »

Canada OKs oil pipeline to the Pacific Coast

Prime Minister Stephen Harper has been a staunch supporter of Enbridge’s proposed Northern Gateway pipeline after the U.S. delayed a decision on TransCanada’s Keystone XL pipeline,  More »

Vietnam urges China to withdraw oil drilling rig

The escalation in tensions is the most serious in years between Vietnam and its massive northern neighbor, which claims nearly all of the South China Sea.  More »

Oil up slightly as U.S. supply data awaited

Energy demand from China was likely to stay solid as a second survey confirmed that China’s manufacturing improved last month.  More »

Obama plan might help boost climate talks

President Barack Obama’s proposal to curb U.S. greenhouse gas emissions might improve the chances of completing a global climate treaty but is unlikely to defuse demands by China, India and others for Americans to do more.  More »

Oil closes at a two-week low

Benchmark U.S. oil for July delivery fell 24 cents to $102.47 a barrel.  More »
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