Airline passenger numbers down 61% on year in 2020: IATA
Air passenger numbers are set to have weakened by almost 61% in 2020 on the year to 1.8 billion, the International Air Transport Association said in a statement Nov. 24. Continue Reading
International flyers may soon need to get virus vaccinations
International air travel could come booming back next year but with a new rule: Travelers to certain countries must be vaccinated against the coronavirus before they can fly. Encouraging news Continue Reading
Can Big Oil Make Carbon Capture Mainstream?
The growing global drive to curb emissions has called attention to the processes of carbon capture, utilization, and storage (CCUS), heralded as an indispensable technology that will help the world Continue Reading
Iraq’s offer for partially pre-paid 5-year oil supply garners Asian interest: source
Highlights Iraq’s SOMO sent letters to customers informing them of offer Offer included 4 million barrels/month supply over 5 years Supply to be partially pre-paid, SOMO said in letter Dubai Continue Reading
Emirates Sees 2022 Return of Jumbo A380s as Travel Recovers
Emirates sees a sharp recovery in demand for air travel next year as coronavirus vaccines are distributed around the world, meaning the carrier’s full fleet of jumbo Airbus SE A380 jets could Continue Reading
Nigeria: Explosions Rock Shell, AGIP Facilities in Bayelsa
Explosions have damaged oil and gas facilities belonging to the Shell Petroleum Development Company of Nigeria and the Nigerian Agip Oil Company around Ikarama in the Yenagoa Local Government Area Continue Reading
India’s gasoline output hits 7-month high as easing COVID restrictions boost driving activity
India’s gasoline output rose for the second consecutive month to hit a seven-month high in October as robust domestic demand due to the easing of movement restrictions prompted refiners to Continue Reading
Fuel for Thought: Argentina puts fresh focus on developing Vaca Muerta, but concerns abound
After a bout of financial turmoil in Argentina last month, the government has restored calm in the markets and turned its attention once again to the development of Vaca Muerta, Continue Reading
China adds 20 million mt to thermal coal import quotas for balance of 2020: sources
Chinese utilities have been allocated up to 20 million mt of import quotas for seaborne thermal coal for the remainder of 2020 by Chinese authorities, in order to meet near-term Continue Reading
Three Key Differences Between Biden And Trump On China
Given China’s burgeoning role in the Middle East – with Iran and Iraq, in particular, irreplaceable staging posts for Beijing’s multi-layered, multi-generational ‘Belt and Road Initiative’ (BRI) – how U.S. Continue Reading