A surge in commodity prices has Wall Street banks gearing up for the arrival of what may be a new supercycle — an extended period during which demand drives prices well above their long-run trend. […]
Over the past decade, no major energy source has grown faster than solar power. According to the 2020 BP Statistical Review of World Energy, installed solar photovoltaic (PV) capacity has grown at an average annual […]
Malaysia’s Petronas and China National Offshore Oil Corporation (CNOOC) will expand their ties in the energy sector through closer collaboration beyond liquefied natural gas (LNG) and upstream projects. The pair signed an MoU yesterday underscoring […]
Oil prices rose on Monday, with Brent reaching $70 a barrel, as data showed China’s economic recovery accelerated at the start of 2021, boosting the energy demand outlook at the world’s largest oil importer. Brent […]
Oil held above $69 a barrel in London after a raft of economic data from China added to signs of recovery from the coronavirus pandemic. Brent futures traded up 0.4% after earlier climbing 1.2%. Figures […]
China is gorging on sanctioned Iranian oil — with imports forecast to more than double this month from February — as other countries hold off purchases for fear of incurring the wrath of the U.S. […]
You’d think a world tiptoeing its way out of the coronavirus pandemic might only be good news for governments and economies. Yet the consequent surge in the price of energy, metals and crops is highlighting the strengths of some and […]
TOKYO — The U.S., Australia, Japan, and India are on the verge of joining hands to build a rare-earth procurement chain to counter the dominance China plays in supplying these crucial elements to makers of […]
Despite the Covid-19 pandemic, the world’s installed offshore wind capacity rose by 15% in 2020, reaching 31.9 gigawatts (GW) at year-end, from 27.7 GW at the end of 2019, Rystad Energy estimates. China was the […]
Venezuela’s oil exports rose in February to over 700,000 barrels per day (bpd), their highest level in 10 months, pushed by more sales of fuel oil cargoes to new clients in Asian markets, according to […]
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