Australia will focus on rewards rather than penalties to slow greenhouse-gas emissions, according to a government blueprint for a new climate policy proposed to start this year.
Japan’s effort to set up a natural gas exchange may be hampered by the lack of a pipeline network across the country, according to a government subcommittee.
The following is a selection of the most important news affecting the oil market.
China’s natural gas production rose in March to the highest level in two years as the nation seeks to use more of the cleaner-burning fuel.
Osaka Gas Co., Japan’s second- biggest city-gas distributor, is seeking another U.S. gas asset even after losing money on a similar investment.
China’s power-station coal prices rebounded from the lowest level in more than five years as the nation’s largest railway for transporting the fuel curtailed shipments because of maintenance.
China plans to ban imports of coal with high-ash and high-sulfur content as the nation seeks to limit the dirtiest fuels to fight pollution.
"We do oil, power, gas, coal, emissions and more recently biofuels have become more prevalent."
- Mike Anderson on Jun 19, 2013