gas price

China To “Perfect” Gas Pricing Mechanism This Year

From Reuters: China said on Monday it will perfect its natural gas pricing mechanism and push forward reforms on power prices this year, part of efforts to encourage energy savings and change its energy-intensive development...

Asia Seeks Resources Bargains As Prices Slump

Miyoung Kim and Joseph Chaney report in Reuters, via forexpros.com: A collapse in commodity prices due to the global financial turmoil is a blessing for Asia, whose huge appetite for natural resources has prompted cash-rich...

China Raises Gasoline and Diesel Prices

On Friday new retail prices for gasoline, diesel and jet fuel came into effect in China. From Asia Times: The retail price for petrol was raised 16.7% to 6,980 yuan (US$1,014) a tonne, effective on Friday, by the National...

China Braces for Leap in Gas Prices

From The LA Times: The lines are getting longer, and Tang Yao is finding fewer gasoline stations open in his neighborhood here. But the 48-year-old motorist has no gripes about the price at the pump. While consumers in much of...

Beijing Pressures Automakers to Improve Efficiency

From the New York Times: The Chinese government is putting pressure on automakers to improve energy efficiency, but consumers are increasingly interested in large sport utility vehicles and full-size luxury cars, auto executives...

Russia-China Talks Stumble on Natural Gas Prices – Michael Ding

From Caijing.com.cn: On a visit to Beijing, Russian energy minister Viktor Khristenko said a price debate is at the center of Sino-Russian talks aimed at securing natural gas and oil for China.High prices paid by Europeans for Russian natural gas are complicating ongoing energy negotiations between China and Russia, although Moscow’s energy minister is upbeat […]

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