Japan’s biggest oil refiner is drawing up plans to consolidate production as domestic demand slumps because of a shrinking population and efforts to cut emissions. Eneos Holdings Inc. has an Continue Reading
A northeastern province that was once one of China’s major coal and industrial hubs has launched a 600 billion yuan ($87 billion) plan to expand clean energy production. Liaoning province Continue Reading
Draconian Covid-related lockdowns have a direct and significant effect on China’s economic growth. The extended Covid-19 lockdown in Chengdu last week has led to a sharp selloff in crude oil Continue Reading
Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is due to rise 66,000 barrels per day (bpd) to a record 5.413 million Continue Reading
Investors sold petroleum last week with the fastest sales concentrated in middle distillates as the economic outlook on both sides of the Atlantic deteriorated. Hedge funds and other money managers Continue Reading
Let’s say you want to sell your home in Cape Coral, Florida, and think you’ll get a great price because of the proximity to water. Or perhaps you’re thinking of Continue Reading
Highlights USDA sees 2022-23 US corn production at 13.9 bil bu, down 415 mil bu Sees US corn yield estimate at 172.5 bu/acre, down 2.9 bu/acre Sees US corn harvested Continue Reading
Fossil fuel firms may have to share their excess profits to help European households and industries cope with red-hot energy bills, a draft European Union plan showed on Monday as Continue Reading
BRUSSELS, Sept 12 (Reuters) – European Union countries can use 225 billion euros ($227.57 billion) in untapped loans from the EU’s recovery fund to address energy problems and other challenges Continue Reading
French scepticism about a new gas pipeline across the Pyrenees highlights the competing visions for Europe’s future energy mix as the continent urgently confronts a power crisis. MidCat would be Continue Reading
