U.K. retail sales fell in November as shoppers stayed home during an England-wide lockdown, although the decline wasn’t as sharp as some analysts feared. The volume of sales in stores and Continue Reading
Siemens AG sees the rail market bouncing back from a coronavirus slump, aided by an international push to slash carbon-dioxide emissions from transport. The global market for trains and related Continue Reading
Australia is studying plans to transform a disused underground coal mine into a pumped hydro facility, part of a wider effort to reuse retiring fossil fuel sites for renewable energy Continue Reading
At the core of Russia’s hydrocarbons-related power is its Arctic oil and gas reserves , with the Russian Arctic sector comprising over 35,700 billion cubic metres of natural gas and Continue Reading
Lloyd’s of London, the world’s largest insurance market, said it’s joining efforts to support the pivot to a lower carbon economy and set out a timetable to phase out coverage Continue Reading
Oil extended gains from the highest settlement in almost 10 months after broader markets rallied and American crude stockpiles declined more than expected. Futures in New York rose 0.5% to Continue Reading
Oil closed higher on a surprise decline in U.S. crude inventories, but gains were limited with increased gasoline and diesel supplies underscoring weaker fuel demand. Futures in New York rose Continue Reading
Crude futures settled higher Dec. 16 on the heels of a larger-than-expected US crude inventory draw. Not registered? NYMEX January WTI settled 20 cents higher at $47.82/b and ICE February Continue Reading
Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory decline of 3.1 million barrels for the week to December 11. The report came out Continue Reading
Oil prices, defined as an average of Brent , West Texas Intermediate , and Dubai prices , are expected to rise to an average of $44 per barrel next year Continue Reading
