Following OPEC's decision at the end of November to maintain production at its current level, the Brent spot price of oil closed at $70.02 per barrel, down 39 percent from its closing price of $115.19 on June 19, 2014. Similarly, the WTI spot price fell by 39 percent over the same period, closing at $66.15 at the end of November. What's next? Will the price of oil continue to fall, and if so, how far? Will the price of oil level out? Or will it rebound?

Global liquefied natural gas (LNG) trade is booming, and Australia will play a growing role in the Asian market despite increasing competition and cost pressures, according to the 2014 Gas Market Report that was recently released by the Bureau of Resources and Energy Economics (BREE).

The contents of your toilet could soon be powering your car and helping to provide other transportation fuel.

Fred P. Hochberg, chairman of the U.S. Export-Import Bank signed a memorandum of understanding with Chairman K.S. Popli of the Indian Renewable Energy Development Agency (IREDA) to explore options for utilizing up to $1bn to finance the sale of U.S. clean energy exports to India.

Transplace, a non-asset-based third-party logistics provider, has acquired Logistics Management Solutions, a 3PL with an emphasis on the chemical and industrial manufacturing sector.

Soaring Chinese methanol expansion will boost demand for chemical tanker shipping on intra-Asia export trades out of China but check import traffic, according to the latest edition of the Chemical Forecaster, published by shipping consultancy Drewry.

The natural-gas-powered vehicle market has slowed as diesel fuel prices continue to drop, according to recent ACT Research's study of fuel trends in the heavy duty truck market.