The spot market for Middle East crude cargoes loading in April was virtually non-existent this week, as demand continues to be depressed due to the coronavirus outbreak while buyers are Continue Reading
The coronavirus outbreak may have taken a temporary hit on some traditional industries in China, but a number of emerging industries are providing “novel remedies” for the country’s economic growth. Continue Reading
More than 2,600 new cases of a coronavirus have been confirmed in China with deaths up by 143, health officials said on Saturday, as the United States urged its citizens Continue Reading
China will help companies resume production as soon as possible, the vice governor of the central bank said on Saturday. The world’s second-biggest economy has been hit by a fast-spreading Continue Reading
Another 67 people have tested positive for the coronavirus on the Diamond Princess cruise ship in Japan, Health Minister Katsunobu Kato said on Saturday. The United States said earlier on Continue Reading
The U.S. says it will evacuate Americans from the cruise ship quarantined off Japan. The United States will evacuate Americans from the cruise ship that has been quarantined for more Continue Reading
Cured novel coronavirus pneumonia patients cheer for themselves in a hospital in Wuhan, central China’s Hubei Province, Feb. 6, 2020. A total of 23 novel coronavirus pneumonia patients were cured Continue Reading
The biggest British petroleum producer just set one of the most ambitious climate goals of any major multinational oil-and-gas company. Now the pressure is on its American counterparts to do Continue Reading
A federal judge finally confirmed the Chapter 11 bankruptcy plan of Philadelphia Energy Solutions (PES) on Thursday. The plan includes the sale of PES’s 1,300-acre refinery complex to a real Continue Reading
Last April, the head of the Environmental Protection Agency, Andrew Wheeler, proclaimed at an auto show here that he would soon roll back President Barack Obama’s stringent fuel efficiency standards. Continue Reading
