Oil clung to the gains from its biggest two-day advance since November, with prices continuing to fluctuate amid concerns about the impact of the coronavirus on global consumption. Futures in Continue Reading
Oil prices dropped on Wednesday but stayed above $70 a barrel, taking a breather after recent days’ strong rally as Mexico was set to resume crude production following a major Continue Reading
Oil prices gained for a second session, building on the biggest one-day gain in five months, amid glimmers of optimism among bulls that a hit to demand from the delta Continue Reading
Oil extended gains from the biggest jump in five months as China’s success in stamping out virus flare-ups boosts optimism of a demand recovery. U.S. oil futures rose 2.9% while Continue Reading
President Joe Biden introduced a plan for $50 billion in chip research earlier this year. The spike was good news for Chevron (CVX) and Exxon Mobil (XOM), which returned roughly Continue Reading
The electrification of homes is touted as one way to reduce greenhouse gas emissions in the residential sector as the U.S. Administration aims for a net-zero economy by 2050. But Continue Reading
The recent resurgence in Covid-19 infections in many parts of the world led not just to a slump in oil prices but growing pessimism about the prospects of oil demand. Continue Reading
Egypt wants to have 43% of power from renewables by 2035 Siemens Energy and the state-owned Egyptian Electricity Holding Co. have signed a memorandum of understanding to develop a hydrogen-based Continue Reading
India’s population is projected to grow to 1.52 billion people by 2036, expectedly surpassing China to be the world’s most populous country around 2031. Despite the fact that India’s growth Continue Reading
PEMEX reported Monday that five people have died, six have been injured and two are missing following a fire in the Ku-A Processing Center at the E-Ku-A2 compression and electricity Continue Reading
