President Donald Trump is tweeting that an initial trade agreement with China is still on after a top White House adviser’s comments seemed to suggest it was over, spooking markets Continue Reading
The low oil prices and the economic slowdown from the COVID-19 pandemic have hit the finances of Chinese companies hard. Another Chinese oil firm has defaulted on a dollar-denominated bond. Continue Reading
China looks to raise its crude oil production by 1 percent to 3.85 million barrels per day (bpd) and natural gas output by 4.3 percent this year, the National Energy Continue Reading
The immense potential that China’s commercial transport sector offers for hydrogen has prompted some companies in Asia’s top energy consumer to tap the expertise of leading automakers, such as Toyota Continue Reading
Fund managers with more than US$2.2 trillion in combined managed assets have urged companies with exposure to fossil fuels to take note of BP’s colossal asset write-down and properly account Continue Reading
As Covid-19 shock waves reverberate across U.S. oil towns, perhaps nowhere is their speed and severity more apparent than in America’s newest shale powerhouse. Just months ago, New Mexico, the Continue Reading
US shale companies could be forced to write down $3oobn of their assets this year, starting in the second quarter, as operators begin to account for the oil price collapse Continue Reading
ESG investing isn’t just a fad anymore–it’s minting millionaires and billionaires. From Jeff Bezos’ $10-billion commitment to a Global Earth Fund to BlackRock, we’re now seeing major ESG assets under Continue Reading
Carnival Cruise Line said on Monday it has extended its pause in operations for North American voyages until Sept. 30, as it determines how to safely resume service amid the Continue Reading
Kneeling in prayer for a sin he doesn’t regret, Shakespeare’s Claudius, Hamlet’s fratricidal uncle, ruefully admits: “My words fly up, my thoughts remain below, / Words without thoughts never to Continue Reading
