News Desk

China connected 11.4 gigawatts (GW) of new solar power to the grid in the first half of 2019, taking solar’s share of total installed capacity to 10 per cent.The National Energy Administration said China’s total photovoltaic capacity now stood at 185.6 GW, up 20 per cent compared to the same period...






A biofuels producer said it is proposing to acquire the fire-damaged Philadelphia Energy Solutions refinery and convert it to make renewable diesel and jet fuels.SG Preston Co is the first company to identify itself as a potential buyer of the refinery, the oldest and largest on the East Coast. PES’...






The two new top executives at Citgo Petroleum disclosed this week that net income in the second quarter slid to less than half its level a year earlier, hit by a broad slump for the refining industry as well as complications from US sanctions on Venezuela and Citgo’s split with state-run oil company...






China Petroleum & Chemical Corp, or Sinopec, is seeking a tariff exemption for US oil being imported in coming months, sources familiar with the matter said, after Beijing late last week imposed retaliatory tariffs on US goods, including crude oil.The largest refiner in Asia is expected to...






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