Energy key as Qatar, UK look to strengthen strategic cooperation
Highlights Qatari delegation in UK for new cooperation talks Qatar already key supplier of LNG to UK market Talks also set to focus on UK gas storage Energy remains at Continue Reading
Nigeria Imports Refined Petroleum Products Worth $28bn Yearly, Says Energy Consultant
The cost of importing petroleum products of all kinds into Nigeria has soared to over $28 billion on an annual basis, Blackgold Energy Authorities, an oil and gas consulting and Continue Reading
Pakistan’s coal crisis prompts industries to shut plants, reduce capacities
High global coal prices dampen imports Cement, steel plants face acute shortage Power shortage seen in several regions Several non-power sectors in Pakistan, including cement and steel plants, are either Continue Reading
India to Limit Sugar Exports in Risk to Global Food Prices
India is set to restrict sugar exports as a precautionary measure to safeguard its own food supplies, another act of protectionism after banning wheat sales just over a week ago. Continue Reading
EXCLUSIVE Bolsonaro fires Petrobras CEO who warned of diesel crisis
Brazil’s right-wing president Jair Bolsonaro fired the chief executive of oil producer Petrobras – the second in two months – after the company refused to sell fuels at a discount Continue Reading
Tesla Quarantining Thousands of Workers to Restore China Output
Tesla Inc. is isolating thousands of workers in disused factories and an old military camp in China to ensure they’re Covid-19 free, part of a large-scale plan by the electric-car Continue Reading
China’s bet on homegrown mRNA vaccines holds back nation
China is trying to navigate its biggest coronavirus outbreak without a tool it could have adopted many months ago, the kind of vaccines that have proven to offer the best Continue Reading
Nowhere to Go But Up?
The national average for a gallon of gas has not fallen for nearly a month. Gasoline has either remained flat or risen every day since April 24 and has set Continue Reading
The Average Age of Vehicles on U.S. Roadways Hits a Record 12.2 Years
The average age of vehicles on U.S. roadways edged higher in 2021, hitting a record of 12.2 years, as Americans challenged by high car prices and slim pickings on dealer Continue Reading
Biden Exploring Release of Diesel Fuel Reserves Amid High Prices
The Biden administration is considering a release of diesel fuel from federal reserves to address skyrocketing prices and the threat of supply outages on the East Coast. Officials have drafted Continue Reading