China’s exports rose in 2020 despite pressure from the coronavirus and a tariff war with Washington, boosting its politically volatile trade surplus to $535 billion, one of the highest ever Continue Reading
Some of Asia’s biggest potential hydrogen consumers are hopeful that Australia will be able to achieve its aim of sharply reducing production costs to supply green hydrogen at $2/kg in Continue Reading
China’s crude imports fell to a 27-month low of 9.096 million b/d or 38.47 million mt in December, but total imports over 2020 were up 7% year on year at Continue Reading
U.S. consumer prices increased solidly in December amid a surge in the cost of gasoline, though underlying inflation remained tame as the economy battled a raging COVID-19 pandemic that has Continue Reading
U.S. economic activity increased modestly in recent weeks and a growing number of the Federal Reserve’s districts saw a drop in employment as a surge in coronavirus cases led to Continue Reading
Deep in the Permian Basin, America’s biggest oilfield, Occidental Petroleum Corp. plans to build a facility that it believes could change the way the world thinks about fossil-fuel emissions. The globe’s Continue Reading
For decades, the Lone Star State has been essentially synonymous with fossil fuels. While shale oil and gas have long reigned supreme in Texas, coal has also long been a Continue Reading
General Motors stole the show on Tuesday after unveiling the Cadillac Vertical Take-Off and Landing (VTOL) vehicle and electric shuttle concepts in a virtual presentation at the CES expo, according Continue Reading
U.S. oil and gas producer Chesapeake Energy’s Chapter 11 bankruptcy plan was approved by a U.S. judge on Wednesday, giving lenders control of the firm and ending a contentious trial. Continue Reading
The United States reported more than 4,200 deaths Tuesday, bringing the nation’s total to more than 381,000 deaths since the onset of the pandemic, according to Washington Post data. The Continue Reading
