In 2018, 4.28 million BEVs, PHEVs and HEVs were sold globally—an increase of 28.6% over the year prior—amounting to 5.2% of total global passenger vehicle sales, according to Adamas Intelligence. Continue Reading
Oil prices dipped on Monday, dragged down by plentiful supply as U.S. exports soar and compete with traditional producers from the Middle East in key markets such as Asia. But Continue Reading
The growing optimism in the oil market in recent weeks has resulted in tangible evidence that traders expect an increasingly tighter crude market going forward this year. Oil market participants Continue Reading
The near-term outlook for oil is modestly bullish as the market continues to tighten significantly, Goldman Sachs said on Monday, helped by the impact of output cuts by producers in Continue Reading
Global liquefied natural gas (LNG) trade will rise 11 percent to 354 million tonnes this year as new facilities increase supplies to Europe and Asia, Royal Dutch Shell said in Continue Reading
Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand Continue Reading
The global oil industry is expected to ratchet up spending on new oil and gas projects this year, with the number of new final investment decisions (FIDs) soaring compared to Continue Reading
2018 marked a record year for the sale of battery-powered electric vehicles, according to data from JATO Dynamics. Passenger electric cars recorded 1.26 million sales throughout the year, up by Continue Reading
Abu Dhabi’s flagship Murban crude has sold at a discount in Asia to its official selling price (OSP) for four straight months – the longest stretch in nearly two years Continue Reading
Libya’s El Sharara oilfield remains closed because an armed group is still inside it, the chairman of state oil firm NOC said in a video published by a NOC official Continue Reading
