The COVID-19 crisis has accelerated the timeline of peak oil demand while government policies to build back better and greener are speeding up the energy transition, major oil companies and Continue Reading
The world faces two possible futures: one in which all nations band together to bring covid-19 under control, and another in which the wealthiest countries emerge from the pandemic but Continue Reading
Oil prices have rallied since the start of this year, pushed up by the OPEC+ cuts tightening the market and the vaccine rollouts. Analysts and industry leaders have already called Continue Reading
OPEC+ will discuss the possibility of increasing its oil production levels at the next meeting, OPEC+ sources told Reuters on Wednesday. The group is set to meet on March 4, Continue Reading
Iraq is willing to spend the money needed to buy coronavirus vaccines, but global supply availability is hampering its efforts to begin inoculating citizens against covid-19. More than 1.5 million Continue Reading
India has unveiled a national hydrogen mission to accelerate plans to generate the carbon-free fuel from renewables, but analysts said that green hydrogen will struggle to compete with fossil fuel Continue Reading
India announced an expansion of its COVID-19 vaccination program on Wednesday but warned that breaches of coronavirus protocols could worsen an infection surge in many states. Nearly a month after Continue Reading
Venezuela and Iran, both sanctioned by the United States, have found a way to help each other as shipping companies stay away from dealings with the two oil-producing countries for Continue Reading
The ruling Communist Party is celebrating the official end of extreme poverty in China with a propaganda campaign that praises President Xi Jinping’s role, part of efforts to cement his Continue Reading
Hyundai Motor Company recently signed a memorandum of understanding (MOU) to work with the South Korean government as well as logistics, battery and mobility companies to demonstrate the electric vehicle Continue Reading
