Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk
At no time since Ibn Saud first consolidated his Arabian conquests into the Kingdom of Saudi Arabia in 1932 has the ruling Saud dynasty faced such an existential threat to Continue Reading
UAE Making Even Bigger Cuts To Oil Production Next Month
The United Arab Emirates will cut even more oil production in June, UAE Minister of Energy and Industry Suhail bin Mohammed Faraj Faris Al Mazrouei announced this week. The production Continue Reading
Coal Burned by China Power Plants Jumps on Heat, Virus Recovery
An indicator of China’s coal demand surged almost a third above levels last year as hotter-than-usual weather and factories rushing to make up for lost orders boosted power demand, spurring a Continue Reading
Chinese investment in US drops to lowest level since 2009
China’s direct investment in the United States fell last year to its lowest level since the Great Recession, even before the coronavirus pandemic shut down much of global commerce. The Continue Reading
Monash team proposes roadmap to renewable ammonia economy; 3 generations of technology
While there is global potential to generate renewable energy at costs already competitive with fossil fuels, a means of storing and transporting this energy at a very large scale is Continue Reading
China announces new tariff waivers for some U.S. imports
China announced on Tuesday a new list of 79 U.S. products eligible for waivers from retaliatory tariffs imposed at the height of the bilateral trade war, amid continued pressure on Continue Reading
China Economic Data Indicate V-Shaped Recovery Is Unlikely
China’s factory-gate prices contracted in April, falling by the steepest margin in four years, as manufacturers struggled with deflationary pressures from the coronavirus pandemic, which has crimped demand both at Continue Reading
After six new cases, Wuhan plans to test all 11 million residents for coronavirus
A worker checks passengers’ temperatures and a health code on their phones at Hankou train station in Wuhan on Tuesday. Officials plans to test all residents of Wuhan after new Continue Reading
Republicans say Trump should act against financial institutions that are unwilling to fund certain fossil fuel projects
A group of nearly 40 Republican lawmakers on Friday urged the Trump administration to take actions against financial institutions that have shied away from financing certain fossil fuel projects. In Continue Reading
As U.S. meat workers fall sick and supplies dwindle, exports to China soar
U.S. President Donald Trump ordered meat processing plants to stay open to protect the nation’s food supply even as workers got sick and died. Yet the plants have increasingly been Continue Reading