Fire Erupts Again On Oil Tanker Off Sri Lanka
A new fire has erupted on the fully loaded oil tanker offshore Sri Lanka, due to extreme temperatures and high winds, the Sri Lanka Navy said on Monday, days after Continue Reading
Colombia’s Oil Industry Is Showing Signs Of Recovery
While the August 2020 global rig count remains significantly lower than for the same period last year, because of oil’s protracted price slump, Colombia’s economically crucial petroleum industry appears to Continue Reading
Big Oil Sees Major Potential In Suriname
Suriname is one of Latin America’s poorest countries. Up until July 2020, the former Dutch colony was mired in a political crisis that emerged from the hotly contested May parliamentary Continue Reading
Trump again raises idea of decoupling economy from China
WASHINGTON (Reuters) – With the U.S. election approaching, President Donald Trump on Monday again raised the idea of separating the U.S. and Chinese economies, also known as decoupling, suggesting the Continue Reading
China To Fast-Track Adoption Of Hydrogen Cars
China is going a step further in its generous support for hydrogen cars in the form of a package of policies aimed at improving the hydrogen fuel cell car supply Continue Reading
China’s soybean imports at highest ever for August as pig herd recovers
China’s soybeans import were the highest on record for the month of August, according to customs data, as the country’s pig herd continues to recover from the African swine fever Continue Reading
Trump Vows to Sharply Scale Back U.S.-China Economic Ties
President Donald Trump said he intends to curb the U.S. economic relationship with China, contrasting himself with Joe Biden by threatening to punish any American companies that create jobs overseas Continue Reading
Hopes fading for coronavirus deal as Congress returns
At least there won’t be a government shutdown. But as lawmakers straggle back to Washington for an abbreviated preelection session, hopes are dimming for another coronavirus relief bill — or Continue Reading
With Washington Deadlocked on Aid, States Face Dire Fiscal Crises
Alaska chopped resources for public broadcasting. New York City gutted a nascent composting program that could have kept tons of food waste out of landfills. New Jersey postponed property-tax relief payments. Prisoners in Florida Continue Reading
Exxon downsizes global empire as Wall Street worries about dividend
Ill-timed bets on rising demand have Exxon Mobil Corp facing a shortfall of about $48 billion through 2021, according to a Reuters tally and Wall Street estimates, a situation that Continue Reading