As of the second quarter this year, India overtook Japan in its demand for oil and is now second only to China, which was recently crowned the world’s largest energy consumer. According to Platts, an energy and metals research organization, the country’s demand...
India and China, which currently hold about half of the world’s wheat supply, are restricting exports of the grain, marking all their production for domestic consumption, in a bid to keep food inflation under control in the wake of the drought in the Black Sea...
As China quietly closes 2,087 steel mills, cement works and other energy-intensive factories by Sept. 30 in a bid to move up the energy value chain, India too is testing her metal. New Delhi plans to put 10 percent of state-owned coal mining company Coal India on the...
Energy analysts expect demand for liquefied natural gas in China and India to surge from 10 million tons a year currently to 75 million tons a year in 2025 – more than sevenfold as the nations boost their use of cleaner-burning fuels. According to calculations...
As the world economy restructures, the global financial axis tilts East and China cements its place in the world, there is tremendous opportunity for investors to strike gold in the middle kingdom. According to China’s commerce ministry, in 2010, there were...
As energy needs in Asia rise, demand for coal and as a consequence prices of the black fuel are expected to sky-rocket over the next few months. As soon as this year, China is set to overtake Japan as the world’s largest importer of thermal coal. Traders and...
