China Is Fueling South America’s Oil Boom
Oil demand from China has been one of the few bright spots for a global petroleum industry severely impacted by a long-term global supply glut and the economic fallout from Continue Reading
Xpeng delivered 27k EVs in 2020; 5,700 in December
Xpeng Inc, a Chinese smart electric vehicle company, announced its vehicle delivery results for December 2020, the fourth quarter and year-ended December 31, 2020. Xpeng achieved a record monthly delivery Continue Reading
Germany poised to extend coronavirus lockdown
Germany is likely to extend a national lockdown beyond Jan. 10 to curb coronavirus infection rates that are still running high and putting huge strains on hospitals and health workers, Continue Reading
China Finishes Off a Wild Year With More Manufacturing Growth
China finished 2020 with a 10th consecutive month of expansion in its manufacturing sector, capping a dramatic year that saw the country’s factories incapacitated by the pandemic, only to roar back as Continue Reading
Japanese, Russian companies partner on feasibility study of blue ammonia value chain between eastern Siberia & Japan
Toyo Engineering Corporation and Irkutsk Oil Company (IOC), Japan Oil, Gas and Metals National Corporation (JOGMEC), and Itochu Corporation are partnering on a joint feasibility study of a blue ammonia Continue Reading
Japan Approves Funding for Vietnam Coal Power Plant, Risking Green Group Critics – Bloomberg
Japan approved a plan to help finance a long-planned coal power plant in Vietnam, despite the government’s pledge to curb overseas investments in dirtier technology and cut emissions at home. The Continue Reading
UK faces ‘dangerous situation’ as new Covid cases surge
The UK is in a “very dangerous situation” in its battle against coronavirus, facing a “grim and depressing picture” of rising infections and deaths as millions more were placed under Continue Reading
Ten Ways Covid-19 Has Changed the World Economy Forever
Economic shocks like the coronavirus pandemic of 2020 only arrive once every few generations, and they bring about permanent and far-reaching change. Measured by output, the world economy is well on Continue Reading
China Has All It Needs to Vaccinate Millions, Except Any Approved Vaccines
India’s capital city is seeking to shed its onerous contracts with fossil fuel power plants to reduce costs and free up funds for clean energy. Tata Power Delhi Distribution Ltd., which Continue Reading
First U.S. Case of Highly Contagious Coronavirus Variant Is Found in Colorado
The first United States case of the more contagious coronavirus variant that was initially discovered in Britain was found in Colorado on Tuesday, Gov. Jared Polis said, raising the worrisome Continue Reading