China’s Geely plans to roll out electric vehicles under a new marque with different branding and sales strategies, people familiar with the matter said, as the Volvo owner looks to take on its main EV rival Tesla with higher-end vehicles. […]
The world is likely to see peak demand for petrol by the late 2020s and for diesel by 2035, but auto fuels will continue to see growth in India as the economy expands, a senior petroleum ministry official said […]
Oil prices fell on Friday, extending losses for a sixth day as a new wave of COVID-19 infections wash across Europe, spurring new lockdowns and dampening hopes for a recovery in demand for fuels anytime soon. Prices plunged […]
Iraq’s state oil marketing firm SOMO denied a claim by Fujairah International Oil & Gas Corp of the United Arab Emirates (UAE) that an oil cargo, which the United States seized alleging that it carried Iranian crude […]
Extraction Oil & Gas (NASDAQ: XOG) (“Extraction” or the “Company”) today reported financial and operating results for the fourth-quarter and full-year 2020 and provided updated guidance for the full-year 2021. Fourth-Quarter and Full-Year 2020 Highlights […]
Treasury yields breached more key levels as bond traders boosted bets that the Federal Reserve will allow inflation to overshoot as the U.S. economy recovers. Yields on the benchmark 10-year note climbed as much as […]
Ellen R. Wald, Ph.D.It’s been one year since the United States began lockdowns in response to the coronavirus. In that time the federal government has approved a total of $4.8 trillion of stimulus. In essence, the government, which […]
China’s worst sandstorm in a decade is threatening its renewable energy output, which will likely boost coal consumption even as the traditional April-May lull for heating demand approaches. At least 12 provinces in north China have been […]
The United States Agency for International Development (USAID) and the US International Development Finance Corporation (DFC) are together sponsoring a $41 million loan portfolio guarantee to aid investments by Small and Medium Enterprises (SMEs) in renewable […]
Liquid electrolyte tanks at a large-scale vanadium flow battery demonstration and research project. Image: Fraunhofer ICT. US Secretary of Energy Jennifer Granholm said yesterday that flow batteries are “good for grid storage” as her Department […]
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