China’s Zhejiang Hangjiaxin Clean Energy has signed a framework agreement with Russian energy company Novatek’s Asian subsidiary for a long-term LNG supply deal, the Chinese city gas distributor said Dec. Continue Reading
China’s rush for long-term LNG contracts with the US has been triggered by record high spot LNG prices but the deals also reflect pent up demand for uncontracted volumes, attractive Continue Reading
The World Health Organization (WHO) said on Monday the Omicron coronavirus variant carried a very high risk of infection surges as more countries closed borders, casting a shadow over economic Continue Reading
Global jet fuel markets stayed under pressure on Tuesday as more countries expanded border restrictions to keep the new Omicron coronavirus variant at bay, prompting travellers to reconsider their plans. Continue Reading
Drugmaker Moderna’s CEO (MRNA.O) set off fresh alarm bells in financial markets on Tuesday after he warned that COVID-19 vaccines were unlikely to be as effective against the Omicron variant Continue Reading
The chief executive of Moderna has predicted that existing vaccines will be much less effective at tackling Omicron than earlier strains of coronavirus and warned it would take months before Continue Reading
A design flaw in the reactor pressure vessel could be the cause of a problem that was made public in June at French company EDF’s jointly-owned nuclear power plant in Continue Reading
ExxonMobil (XOM.N) is continuing preparatory work for its Ca Voi Xanh (Blue Whale) gas project in Vietnam, it said on Monday, with a final investment decision dependent on factors including Continue Reading
Just inland of Australia’s east coast, roughly 200 miles from the Great Barrier Reef, a single coal mine run by Glencore Plc emitted so much super-warming methane in a year Continue Reading
China expects to hold the 2022 Winter Olympics “smoothly” and on schedule, despite challenges posed by the emergence of the new Omicron coronavirus variant, foreign ministry spokesman Zhao Lijian told Continue Reading
