What’s Holding Back The EV Revolution?
Carmakers in Europe and North America are having a hard time with the much-hyped EV revolution that they are all eager to take part in. It’s a struggle to make Continue Reading
Exclusive: Russian output falls to three-year low as oil rivals clash
Russian oil production fell close to a three-year low in early July, as output was undermined by a row between Russian oil pipeline monopoly Transneft ( TRNF_p.MM ) and the Continue Reading
Kremlin says Rosneft’s dispute with Transneft not a matter for Putin
The dispute between Rosneft and Transneft ( TRNF_p.MM ) is not a matter for Russian President Vladimir Putin to intervene in because it is a corporate matter, Kremlin spokesman Dmitry Continue Reading
Bosch developing cloud-based swarm intelligence services to augment EV battery management systems
To help electric vehicle batteries last longer, Bosch is developing new cloud services that supplement the individual vehicles’ battery-management systems. Bosch is connecting electric-vehicle batteries with the cloud. Its data-based Continue Reading
Two Factors That Point To A Bearish 2020 For Oil
OPEC and allies had little choice but to roll over their production cuts into the first quarter of 2020 amid higher-than-average global inventories, continued uncertainties over the global economy and Continue Reading
Oil slips after survey on OPEC’s compliance to output deal
Crude oil futures were lower during mid-morning trade in Asia Tuesday following a survey that showed that OPEC compliance to its production cut deal was lower in June, while market Continue Reading
Oil rises as supply concerns outweigh trade disputes
Oil rose above $64 a barrel on Tuesday as OPEC supply cuts and Middle East tensions outweighed the U.S.-China trade dispute that is dragging on the global economy and oil Continue Reading
Oil steadies as demand worries offset Iran’s new nuclear threats
Oil prices steadied on Monday as tensions over Iran’s nuclear program countered concerns about whether slowing global economic growth would hit oil demand. Brent crude futures fell 12 cents to Continue Reading
Moody’s Analytics says climate change could cost $69 trillion by 2100
Environmental activists demonstrate during a Extinction Rebellion protest April 17 in London. (Henry Nicholls/Reuters) The consulting firm Moody’s Analytics says climate change could inflict $69 trillion in damage on the Continue Reading
OPEC Wants Quick Resolution To Tensions Between US And Iran, Venezuela
OPEC has asked on Monday for a timely settlement to the tensions that have flared up between the United States and Iran and Venezuela, Anadolu Agency reported on Monday, citing Continue Reading