Norway’s $1.3tn oil fund has made its first investment in renewable infrastructure, shrugging off concern about the recent prices paid for wind power projects, as its chief executive said he Continue Reading
Hydro is exploring the potential for developing and operating hydrogen facilities to meet large internal demand as well as serving an external market, leveraging the company’s industrial and renewable power Continue Reading
Crude oil futures were rangebound in mid-morning trade in Asia April 7 as a build in US gasoline stocks countered a stronger macroeconomic outlook in two closely-watched reports released late Continue Reading
The American Petroleum Institute (API) on Tuesday reported a modest draw in crude oil inventories of 2.618 million barrels for the week ending April 2. Analysts had predicted a smaller Continue Reading
Oil held a gain above $59 a barrel as prospects for faster, vaccine-aided economic growth boosted the outlook for energy demand. West Texas Intermediate was steady after rising 1.2% on Continue Reading
Oil rose as a brighter economic growth outlook and calls for a summer travel pickup eased concerns around the impact of a resurgent coronavirus. Futures in New York closed 1.2% Continue Reading
Strong economic data from China and the United States helped lift oil prices by more than 1% on Tuesday, recouping some of the previous session’s losses. Brent gained 83 cents, Continue Reading
The so-called ‘noble’ or ‘inert’ gases such as helium, argon, neon, xenon, and krypton frequently tend to be confined to niche markets. But whereas their stable structure renders them mostly Continue Reading
The April Short-Term Energy Outlook (STEO) remains subject to heightened levels of uncertainty because responses to COVID-19 continue to evolve. Reduced economic activity related to the COVID-19 pandemic has caused changes in Continue Reading
The International Monetary Fund is now forecasting a stronger economic recovery this year and next. The IMF has upgraded both its UK and global forecasts compared with what it projected Continue Reading
