In this Jan. 17, 2013 file photo, smoke is emitted from chimneys of a cement plant in Binzhou city, in eastern China's Shandong province. (AP Photo/File)

Obama plan might help boost climate talks

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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.
Yellow oil barrels

Oil closes at a two-week low

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Benchmark U.S. oil for July delivery fell 24 cents to $102.47 a barrel.
Clouds of black smoke billow from Shoko Maru, a 998-ton Japanese oil tanker, after it exploded off the southwest coast near Himeji port, western Japan, Thursday, May 29, 2014. (AP Photo/Japan's 5th Regional Coast Guard)

Japan oil tanker explodes off coast; 1 missing

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A Japanese oil tanker exploded Thursday off the country’s southwest coast near Himeji port, leaving one of the eight people aboard missing, the coast guard said.
(Photo: Fotolia)

Japanese lawmakers to lobby for Russian gas pipeline

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Japanese lawmakers are reviving efforts for a $5.9 billion natural gas pipeline from Russia to cut energy costs after the Fukushima nuclear disaster.
exxonlogo

Exxon LNG project in talks with Asia customers on spot sales

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Exxon Mobil Corp., operator of a $19 billion liquefied natural gas project in Papua New Guinea, is talking to customers in Asia about selling cargoes on the spot market.
(Golden Pass Products)

LNG sellers to chase Japan, South Korea on China-Russia gas deal

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Liquefied natural gas sellers may face more competitive markets in Japan and South Korea, which together bought more than half of the world’s supply in 2013, after China signed a mega gas deal with Russia.
The Chinese flag blows in the wind as hundreds of people walk along the Bund boardwalk by the Huangpu river in Shanghai, China. (Paula Bronstein/MCT)

Russia-China deal risks damping LNG prices

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China’s deal to buy natural gas from Russia after a decade of talks risks making tanker shipments of the fuel less competitive as new projects target Asian markets.
(Andrey Rudakov/Bloomberg)

Putin’s China gas deal risks lower returns for Gazprom

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What’s good for Russia isn’t necessarily good for the country’s largest company.
Categories: Asia, Natural gas
Workers assemble solar panels on the factory floor of Chinese company Suntech in the eastern city of Wuxi. (PETER PARKS / AFP)

China solar makers seek talks to resolve trade dispute with US

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China’s biggest solar-panel makers are seeking talks to end a trade dispute with the U.S. before an American probe into the Asian country’s exports reaches an initial conclusion in June.
In this photo released by Vietnam Coast Guard, a Chinese ship, left, shoots water cannon at a Vietnamese vessel, right, while a Chinese Coast Guard ship, center, sails alongside in the South China Sea, off Vietnam's coast, in May. (AP Photo/Vietnam Coast Guard)

Vietnamese workers protest at Chinese factories

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Vietnam reacted angrily to the arrival of the deep sea oil rig on May 1 close to the Paracel Islands, which are controlled by China but claimed by Hanoi.
Categories: Asia