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China raises petrol, diesel prices: state media
Beijing (AFP) March 24, 2009 China will increase its benchmark retail prices of petrol and diesel as of midnight on Tuesday, state media said, reversing earlier cuts in the second fuel price adjustment this year. The benchmark retail price of petrol will go up by 290 yuan (42 dollars) per tonne and diesel by 180 yuan per tonne, the Xinhua news agency reported late Tuesday. The National Development and Reform Commission, China's top economic planner, cut benchmark pump prices of petrol and diesel by 140 yuan and 160 yuan per tonne respectively in January, Xinhua said. China's government-set fuel prices used to be changed only rarely, the report said, so Chinese drivers ended up paying more than those in many other countries. Related Links Powering The World in the 21st Century at Energy-Daily.com
Analysis: Oil and Gas Pipeline Watch
Washington DC (UPI) Apr 29, 2009Iran is not excluded entirely from emerging as a possible natural gas supplier to the Western-backed Nabucco pipeline, U.S. representatives said. Turkey has a key role to play as an important energy hub in the European drive to diversify regional natural resource transit options, Czech officials said. The Calgary-based TransCanada Corp. began its permit process for an Alaska gas pipeline by submitting plans to a U.S. energy commission for review. |
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