... substantial investments in renewable energy—from solar and wind power plants to hydropower and new energy storage technologies. China is currently a leader in installed renewable energy capacity, outpacing other nations in the deployment of solar and wind stations. The launch of the dual-tower solar power plant in Gansu is a milestone on this path. The project demonstrates the Chinese energy sector's commitment to embracing innovations aimed at reducing dependence on coal, oil, and gas. Historically, Gansu has been a region where a significant portion of electricity was generated from coal-fired power plants. Now, the focus is shifting towards clean energy. Each of these facilities not only directly reduces CO 2 emissions but also ...

... key reasons behind price fluctuations, seasonal factors, and measures that could impact the diesel fuel market. Find out what the market is expecting and how these changes could affect consumers and businesses. The rise in diesel fuel (DT) prices at gas stations this year (2.4%) is currently more than twice lower than the average inflation rate (4.91%). Meanwhile, all gasoline grades have already come close to matching the inflation rate. However, gasoline traditionally rises in price from late spring ...

... last year: this is aided by relatively inexpensive oil ($70 compared to over $100 a year ago) and the redirection of petroleum product imports (the EU has established diesel supplies from the Middle East, Asia, and the US instead of Russian sources). Gas stations in the EU are gradually lowering prices for end consumers as more expensive stocks purchased last winter are replaced with cheaper batches. Nevertheless, high taxes and levies in Europe keep gasoline expensive for the populace (in major EU economies,...

... imports: the EU has established stable diesel supplies from the Middle East, Asia, and the U.S. instead of relying on Russian volumes. As expensive fuel shipments purchased by European importers last winter are used up and replaced with cheaper supplies, gas stations in the EU are gradually reducing retail prices. Nevertheless, due to high taxes and duties, gasoline remains costly for the public – in the largest EU economies, prices hover in the range of €1.6-1.8 per liter at filling stations. Overall,...

... government has previously expanded restrictions to all producers and traders: from late July to August 31, 2025, gasoline exports from the country are prohibited. This emergency measure is aimed at saturating the domestic market and curbing the rise in gas station prices. According to the Moscow Fuel Association, the average retail prices for AI-92 gasoline in Moscow reached around 59 rubles per liter by early August, while AI-95 stood at approximately 65 rubles per liter, significantly higher than the ...