Oil theft Nigeria has been advised to review its maritime security rules and enlist the support of private security companies to tackle rampant piracy on its waters. A report published Continue Reading
Indian Oil Corporation (IOC), the country’s biggest refiner and fuel retailer, plans to invest US$4.46 billion (329.46 billion Indian rupees) to expand the processing capacity of its Panipat refinery by Continue Reading
China’s crude oil reserves have reached a level equal to 100 days of imports, Bloomberg has reported , citing unnamed sources in the know, which is near the country’s storage Continue Reading
Toyota Motor Corporation has developed a fuel cell system module and looks to start selling it after the spring this year in a bid to promote hydrogen use and help Continue Reading
To see the gulf between China’s ambitious carbon-neutral goals and the desire of its companies to maintain breakneck growth, look at Shandong’s oil refineries. The coastal province, a hub for private Continue Reading
Toyota Motor Corporation has developed a product that packages a fuel cell (FC) system into a compact module; the company plans to begin selling it in the spring of 2021 Continue Reading
As pharmaceutical companies raced to develop Covid-19 vaccines, crossing the finishing line in record time, the world’s three biggest vaccine makers were also-rans. GlaxoSmithKline, Merck and Sanofi are now left Continue Reading
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States rose by 5 this week. The total number of active oil and gas Continue Reading
The extreme winter weather last week resulted in the second-largest withdrawal of natural gas from storage in the U.S. as demand spiked, the Energy Information Administration (EIA) said on Friday. Continue Reading
U.S. personal incomes soared in January as Americans received another round of pandemic-relief checks, helping to re-charge the economy with the strongest spending advance in seven months. The 10% gain in Continue Reading
