The International Energy Agency Thursday revised down its outlook for global refinery runs due to the coronavirus outbreak. Global runs are expected to expand “by just” 700,000 b/d in 2020 Continue Reading
Global oil demand will drop this quarter for the first time in over a decade as the coronavirus batters China’s economy, the International Energy Agency said. (Bloomberg) — Global oil Continue Reading
The coronavirus epidemic in China has triggered restrictions in the country’s public transport and air travel, both at a domestic and an international level, reducing demand for oil, which has Continue Reading
Fossil fuel companies hold vast oil, gas and coal riches that they frequently tout to the investing universe to help elevate their market values. However, not a single energy company Continue Reading
The International Energy Agency Thursday slashed its oil demand forecast for 2020 by almost 500,000 b/d and said demand will contract for the first time in a decade during the Continue Reading
OPEC slashed on Wednesday its global oil demand growth forecast for 2020, expecting the coronavirus outbreak to weigh heavily on fuel demand in the world’s oil demand growth driver, China. Continue Reading
Voltabox AG secured a long-term framework contract with e-troFit GmbH as the preferred supplier of high-performance battery systems for e-troFit’s conversion solutions for diesel buses. e-troFit is individually adapted to Continue Reading
US crude oil exports will average 3.6 million b/d in 2020, a growth of 650,000 b/d from 2019 but 300,000 b/d lower than previously expected on slower production growth and Continue Reading
E.ON and Volkswagen have developed an electric vehicle fast-charging system they say is simple, inexpensive and “possible anywhere”. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Continue Reading
Global mining company, Anglo American, has engaged Williams Advanced Engineering (WAE) to develop its new Fuel Cell Electric Vehicle (FCEV): a 290-tonne electrically powered mining haul truck, which is set Continue Reading
