Russia’s Oil Production Rises Ahead Of OPEC+ Meeting
Russia’s average oil production increased to 11.29 million barrels per day (bpd) in February, up by 3.2 percent on the year and slightly up from 11.28 million bpd in January, Continue Reading
UK sets out plans to try and contain spread of coronavirus
The British government unveiled its “battle plan” to tackle the spread of coronavirus on Tuesday, with possible measures including school closures, home working and canceling large-scale gatherings to delay the Continue Reading
Germany Moves Into Hydrogen With Lessons From OPEC and Russia – Bloomberg
Germany is taking its first steps to build an economy based on hydrogen instead of fossil fuels, seeking to deliver both green growth and to avoid being trapped by a Continue Reading
EU seeks power to tighten emission targets every 5 years
Brussels wants the power to impose tighter carbon emission targets on EU governments every five years as Europe strives to become the first continent in the world to reach climate Continue Reading
Greece suspends asylum applications as migrants seek to leave Turkey
Migrants – including many children – arrive on Lesbos Greece has blocked any new asylum applications for the next month after Turkey “opened the doors” for migrants to travel to Continue Reading
Putin says current oil price acceptable, backs continued OPEC+ cooperation
Russian President Vladimir Putin said Sunday that current oil prices are acceptable for Russia and he backed continued cooperation through the OPEC+ agreement to ensure market stability and combat the Continue Reading
Lufthansa calls off flights to China until April 24 and Tehran until April 30
Lufthansa said on Monday that it was suspending flights to China until April 24 and to Tehran until April 30 due to the coronavirus outbreak. Lufthansa said it was also Continue Reading
Louvre museum closed again as workers fret over coronavirus
The Louvre museum in Paris shut its doors to art lovers and tourists for a second day on Monday as management held talks with workers over the risks associated with Continue Reading
Coronavirus Is Disrupting British Factories’ Supply Chains
The coronavirus outbreak is starting to feed through to British factory supply chains, casting doubt on whether an upswing in activity after Boris Johnson’s election will continue. IHS Markit said Monday Continue Reading
Falling oil prices threaten to derail Putin’s spending promises
Russian President Vladimir Putin’s spending promises are under threat from falling oil prices that could hurt the savings the Kremlin is tapping to rekindle growth. The coronavirus outbreak last week pushed Continue Reading