From: Global Forcast Key Dates May 16 – China industrial production data for April. Data for both industrial production and retail sales are expected to reflect a robust ongoing recovery in the Chinese economy, coming in […]
Royal Dutch Shell Plc reduced its debt burden in the first quarter, with profit rising by more than expected due to the recovery in global oil and gas markets. As investors demand higher returns, Shell […]
New York — A western US power industry consortium is creating a commercial green hydrogen cluster at scale with a goal of achieving green hydrogen procurement at $1.50/kg in the Los Angeles Basin by 2030, the […]
Despite many people spending more time in their homes during 2020 in response to the COVID-19 pandemic, U.S. energy consumption in the residential sector fell 4% between 2019 and 2020, according to our Monthly Energy […]
The Biden administration is considering sanctions over China’s use of forced labour in the production of solar panels, said United States Special Envoy on Climate, John Kerry. During a House Foreign Affairs Committee hearing, lawmaker Michael McCaul asked […]
Oil major BP has lobbied for the EU to support natural gas, a move that exposes divergent views among investors and reflects a wider European dispute about the role of the fossil fuel in the […]
Japan’s Japex will sell its 10% stake in a Canadian shale gas project to Malaysia’s Petronas amid concerns over profitability and its carbon footprint. Japex is divesting its share of a joint venture that is responsible for […]
Japanese refiners plan to sell assets and speed structural reform and overseas expansion as fuel demand is expected to fall at a faster pace due to a prolonged impact from the COVID-19 pandemic and an […]
A day before Michigan’s deadline to close down a key crude oil pipeline, Canada on Tuesday issued its strongest remarks so far about the move, warning that it could undermine relations with the United States, […]
GEORGETOWN, – Exxon Mobil Corp said on Friday it will reinstall a gas compressor at its Liza Destiny platform off Guyana’s coast in June, after an equipment failure last month prompted the company to slash output. The […]
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