The United States is pressing shippers, insurers, certification organizations, and flag states registering vessels not to work with Venezuela as the Trump Administration is looking to cut off Nicolas Maduro’s Continue Reading
Venezuela’s state-owned PDVSA and US-based Chevron restarted production of extra-heavy crude in the Orinoco Belt at their Petropiar joint venture, which is operating at 72,000 b/d or 38% of capacity, Continue Reading
This summer, torrential rains have caused severe floods in China, killing more than 100 people, forcing 1.7 million to relocate and racking up more than 61.8 billion yuan ($8.8 billion) Continue Reading
China, the world’s biggest solar market, plans to subsidize 434 photovoltaic power projects with a combined capacity of almost 26 gigawatts of this year. Shares of solar equipment manufacturers gained as the announcement Continue Reading
As China counts the costs of its most punishing flood season in more than three decades, the role played by the massive and controversial Three Gorges Dam – designed to Continue Reading
China’s trade improved in June in a fresh sign the world’s second-largest economy is recovering from the coronavirus pandemic. But its exporters face threats including tension with Washington and a Continue Reading
China’s crude oil imports surged 34.4% year on year to all-time high of 12.99 million b/d or 53.18 million mt in June as Chinese buyers who rushed into the market Continue Reading
California Governor Gavin Newsom on Monday ordered a massive retrenchment of the state’s reopening on Monday, shutting bars and banning indoor restaurant dining statewide and closing churches, gyms and hair Continue Reading
The top U.S. shale gas producers have seen their stock prices decimated from their highs reached in 2014. What’s even worse is that the horrible stock performance occurs even with Continue Reading
An intense and expanding heatwave is baking the South and Southwest, pushing the mercury to record-challenging levels in areas notorious for their searing summer temperatures. The stifling heat is creating Continue Reading
