Norwegian wholesaler Asko is among the first to operate a goods vehicle that runs on hydrogen, thanks to a collaborative effort by research scientists and industry. SINTEF, one of Europe’s Continue Reading
Oil prices fell on Friday and were on track for a fourth straight weekly loss on mounting worries about economic damage from the coronavirus that has spread from China to Continue Reading
Crude oil futures rebounded in mid-morning trade in Asia Friday, after settling down 2.5% overnight due to a heavy selloff, with the near-term outlook appearing similarly volatile amid developments in Continue Reading
The oil market is “troubled by both rising demand worries and rising fuel stocks,” said Ole Sloth Hansen, head of commodities strategy at Saxo Bank A/S in Copenhagen. “It’s going Continue Reading
The Dow Jones Industrial Average ended Friday down more than 600 points as a spreading viral outbreak fanned fears about global economic growth, igniting volatility across markets. Investors have quickly Continue Reading
( The world’s largest oil companies invested billions of dollars to boost crude production and their success has turned around and bit them — and their shareholders. Oil majors Exxon Continue Reading
Not all members convinced earlier meeting needed Mar cargoes set, so any new cuts would impact Apr Production data lag may force Saudi Arabia to decide blindly A coronavirus-triggered 10% Continue Reading
The world’s largest oil exporter, Saudi Arabia, significantly raised its crude sales to the world’s largest oil importer, China, in 2019, boosting its exports to China by 47 percent and Continue Reading
Eni’s joint venture with the Libyan National Oil Corporation is losing 155,000 barrels of oil per day of production because of the continued blockade of oil export terminals and fields, Continue Reading
Exxon Mobil Corp ( XOM.N ) and Total ( TOTF.PA ) have asked Mozambique to send more troops to guard their operations in the far north after a surge of Continue Reading
