Demand for container freight looks set to remain at very high levels throughout the Lunar New Year, with freight rates from North Asia to the UK at all-time highs as Continue Reading
China will be looking to tweak its economic policies to get consumers to spend more, policy advisers in Beijing said after retail sales emerged as a weak spot in better-than-expected Continue Reading
China’s crude imports from the US surged 211% year on year to 19.76 million mt, or an average 395,746 b/d, in 2020, with the value jumping 89% to $6.28 billion, Continue Reading
California’s changing climate has pushed fire season to new lengths, triggering once-rare winter blackouts. State utilities cut power to more than 72,000 homes and businesses Tuesday in a preemptive effort to Continue Reading
General Motors is teaming up with Microsoft to accelerate its rollout of electric, self-driving cars. In the partnership announced Tuesday, the companies said Microsoft’s Azure cloud and edge computing platform Continue Reading
The Supreme Court on Tuesday seemed cautious about siding with oil and gas companies in a case involving global warming. The case the court was hearing is not about whether Continue Reading
A US court tossed out one of President Donald Trump’s signature efforts to roll back environmental regulations just one day before he leaves office, scrapping a rule meant to prop Continue Reading
After four years of trade clashes, unpredictable foreign policy and insults lobbed at the prime minister by tweet, Canadian officials are optimistic that the inauguration of President-elect Joe Biden will Continue Reading
NOTE: The Drilling Productivity Report (DPR) rig productivity metric new-well oil/natural gas production per rig can become unstable during periods of rapid decreases or increases in the number of active rigs and well completions. Continue Reading
Higher natural gas prices this year are expected to result in the first annual decline in U.S. gas-fired electricity generation since 2017, the U.S. Energy Information Administration (EIA) said on Continue Reading
