The price of crude oil, yesterday, dropped from $50 to $48 in the international market, showing $12 below Nigeria’s $60 per barrel 2019 budget reference price. Specifically, the price of Continue Reading
Indian state-run Coal India Limited said Tuesday that output over April-December rose 7.4% year on year to 412.45 million mt. Receive daily email alerts, subscriber notes & personalize your experience. Continue Reading
Exxon has secured long-term purchasing commitments for liquefied natural gas from its Rovuma project in Mozambique, moving closer to a final investment decision on a facility that will add as Continue Reading
In a sign that Tesla is preparing to start construction of its first factory in China, Elon Musk said on Monday that he would be visiting China soon for the Continue Reading
China issued its first batch of crude oil import quotas for 2019 on Wednesday at a lower volume than for the same batch a year ago though expectations are for Continue Reading
Stung by the impact of the financial crisis, the hilly city of Yunfu in China’s southern Guangdong province decided in 2009 it was time for a makeover. Known over hundreds Continue Reading
China has awarded a license to oil major Shell to independently trade oil products in China’s domestic wholesale oil market, a sign that Beijing is keen to attract more international Continue Reading
Russian oil production rose to a post-Soviet record high of 11.16 million barrels per day (bpd) last year on an annual average basis, data from its energy ministry showed on Continue Reading
Stock markets across the world started 2019 under heavy pressure as deepening concern about a global economic slowdown spooked investors, still shaken by the worst December for equities in a Continue Reading
Behind sand dunes on the Dutch North Sea coastline, clouds of smoke and steam billow from the mass of chimneys, pipes, and cranes that form the imposing Ijmuiden steelworks. Deep Continue Reading
