Shanghai Waigaoqiao Shipbuilding China’s combined orderbook for merchant ships has grown by a remarkable 170% this decade, stretching its lead over its nearest shipbuilding rivals dramatically. Data from Greek broker Intermodal and Clarksons Research show […]
The North Sea crude market experienced a record-breaking trading day, with eight cargoes traded, potentially influencing Brent Crude prices. Major oil companies and trading firms participated in the trading frenzy, signaling bullish market sentiment. While […]
Expansion of Trans Mountain started operation in May Pipeline provides direct access to Asian markets, avoiding US The expansion of Canada’s Trans Mountain pipeline represented a $24 billion bid to help the country’s oil producers […]
Bitcoin catapulted above $100,000 for the first time on Thursday (5 December), a milestone hailed even by sceptics as a coming-of-age for cryptocurrencies as investors bet on a friendly US administration to cement cryptos’ […]
Woodside said on Thursday the lump sum turnkey deal is for the three-train 16.5 million tonnes per annum foundation development of Louisiana LNG. According to Woodside, total Louisiana LNG expenditure from December to end of […]
The move could deal a significant blow to U.S.-China trade relations and unleash a deluge of new tariffs. U.S. President-elect Donald Trump has made it clear that trade is at the top of his agenda […]
Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing the limits of the European Union’s electric vehicle tariff scheme. The bloc’s latest […]
HOUSTON, Dec. 03 /BusinessWire/ — Crescent Energy Company (NYSE:CRGY) (“Crescent” or the “Company”) today announced the signing of a definitive agreement to acquire Eagle Ford assets from Ridgemar Energy for upfront consideration of $905 million […]
But prices are still way too high, and automakers are not cutting them nearly enough. By Wolf Richter for WOLF STREET. Total new-vehicle sales in November – retail and fleet deliveries by dealers and automakers to end-users – […]
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