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Month: January 2021

Category:
  • Electric Cars

How GM plans to overtake Tesla for the electric car crown Detroit carmaker aims to sell 1m electric vehicles in 2025

As chief executive Mary Barra announced the acceleration of General Motors’ rollout of 30 vehicle models in November, she said the carmaker was “committed to fighting for EV market share until Continue Reading

Posted On : 6 Jan 2021 Published By : Tom Whipple
Category:
  • United Kingdom

UK hospitals stagger as new virus variant takes huge toll

Britain is facing a long, bleak winter as cold, wet weather and a more contagious variant of the coronavirus put unprecedented strain on the nation’s hospitals and force record numbers Continue Reading

Posted On : 6 Jan 2021 Published By : Tom Whipple
Category:
  • Germany

Germany toughens lockdown as it struggles to control second wave

Germany is extending its lockdown until the end of January and banning non-essential travel in those areas worst-hit by the coronavirus pandemic, as it battles to control an upsurge in Continue Reading

Posted On : 6 Jan 2021 Published By : Tom Whipple
Category:
  • Europe

REFINERY NEWS ROUNDUP: Companies in Europe increasingly turn to renewables

Poland plans to have 2 GW of hydrogen electrolysis capacity and 2,000 hydrogen fuel cell buses on its streets by 2030 as part of a new strategy to promote the Continue Reading

Posted On : 6 Jan 2021 Published By : Tom Whipple
Category:
  • Europe

Euro zone contraction deeper than thought in Dec as lockdowns bite -PMI

Economic activity in the euro zone contracted more sharply than previously thought at the end of 2020 and could get worse as renewed lockdown restrictions imposed to contain the coronavirus Continue Reading

Posted On : 6 Jan 2021 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures buoyed by OPEC+ quota hopes, but pandemic concerns persist

 Crude oil futures edged higher in mid-morning trade in Asia Jan. 5 on hopes that OPEC+ will maintain January production quotas into February, but the gains were tapered by concerns Continue Reading

Posted On : 5 Jan 2021 Published By : Tom Whipple
Category:
  • Prices

Oil prices little changed before OPEC+ resumes meeting on Feb output levels

Oil prices were little changed on Tuesday before deadlocked talks between major producers about potential changes in February output are set to continue later in the day while fuel demand Continue Reading

Posted On : 5 Jan 2021 Published By : Tom Whipple
Category:
  • Prices

Crude declines as OPEC+ punts on quota decision, UK tightens lockdown

Oil futures settled lower Jan. 4 as the OPEC+ group announced it would extend for a second-day talks regarding February output hikes. Receive daily email alerts, subscriber notes & personalize Continue Reading

Posted On : 5 Jan 2021 Published By : Tom Whipple
Category:
  • Prices

Oil slides with U.S. stocks as OPEC+ delays output decision

Oil prices slipped from multi-month highs to end more than 1% lower on the first trading day of the year after OPEC+ failed to decide on Monday whether to increase Continue Reading

Posted On : 5 Jan 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Decline As OPEC+ Dithers

Oil dropped the most in two weeks with OPEC+ yet to resolve an impasse on whether to keep raising production at a time when the pandemic threatens demand. Futures fell Continue Reading

Posted On : 5 Jan 2021 Published By : Tom Whipple

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