At a time when oil and gas investors have been celebrating the latest oil rally after OPEC+ pledged to maintain strict production discipline, not everybody is pleased with the direction Continue Reading
India’s coronavirus crisis showed scant sign of easing on Tuesday, with a seven-day average of new cases at a record high and international health authorities warning the country’s variant of Continue Reading
The chief scientist for the World Health Organization described on Tuesday the situation in India as “very worrying” amid soaring infection rates and deaths, especially because many of the numbers Continue Reading
India’s deadly COVID-19 outbreak and widening localized lockdowns have soured the country’s economic growth outlook, stifled its natural gas demand and resulted in more LNG carriers being diverted by gas Continue Reading
The number of working-age people in China fell over the past decade as its aging population barely grew, a census showed Tuesday, adding to economic challenges for Chinese leaders who Continue Reading
China said its population hit 1.41 billion in 2020, eking out a tiny rise from the previous year, underlining how the world’s most populous nation is going to have to Continue Reading
Highlights Latest update suggests steady progress through April, May Nechayev ‘hopeful’ pipeline will be complete before German election Two pipelayers now operational in waters off Denmark Around 100 km of Continue Reading
People, wearing protective face masks, walk past a closed restaurant in Paris amid the coronavirus disease (COVID-19) outbreak in France, May 6, 2021. REUTERS/Sarah Meyssonnier/File Photo The number of daily Continue Reading
In the same way that the U.S.’s global hydrocarbons power has been turbo-boosted by the rise of its shale energy industry, which began with gas in earnest in 2006 and Continue Reading
At the small hospital where Dr. Oumaima Djarma works in Chad’s capital, there are no debates over which coronavirus vaccine is the best. There are simply no vaccines at all. Continue Reading
The ongoing second wave of the deadly coronavirus pandemic in India is expected to snowball into a major disruptor for the shipping and logistics industry as several ports globally are Continue Reading
Your browser does not support HTML5 video. At The Wall Street Journal’s CEO Council Summit, Janet Yellen expressed her confidence that the U.S. economy and employment will return to normal Continue Reading
India on Saturday reported its highest ever single-day COVID-19 death toll, as cases continued to rise and states imposed stricter lockdowns. India’s health ministry reported 4,187 fatalities over the past Continue Reading
Natural gas imports into China rose 22.4 percent on the year in the first four months of this year to 39.45 million metric tons, Natural Gas World reports , citing Continue Reading
China administered total of 308.23 mln doses of COVID-19 vaccines as of May 7 Staff members sit at desks to register people for a shot of a vaccine against the Continue Reading
The recovery of America’s job market hit a pause last month as many businesses — from restaurants and hotels to factories and construction companies — struggled to find enough workers Continue Reading
U.S. auto parts suppliers warned of more production cuts at major automakers as a global semiconductor chip shortage worsens before easing in the second half of the year and aiding Continue Reading
Factory production and exports increased strongly in Germany in March, according to official statistics released Friday, developments that bode well for the second quarter in Europe’s largest economy as it Continue Reading
Russia recorded more than 400,000 excess deaths from last April to this March during the COVID-19 pandemic, according to Reuters calculations based on data from the state statistics agency published Continue Reading
China is turning to its state-owned coal power companies to helm the next stage of the country’s renewables push, as the sector becomes less attractive to other investors. Private firms Continue Reading
China’s trade with the United States and the rest of the world surged by double digits in April as consumer demand recovered, but growth appeared to be slowing. Global exports Continue Reading
For decades, France’s Valdunes SAS charged premium prices for the wheels it made for high-speed trains and other rail systems around the world. That strategy changed after a Chinese state-owned Continue Reading
China’s economic growth faces headwinds this year due to weaker-than-expected investment spending in the country’s vast manufacturing sector, driven by Beijing’s efforts to rein in pollution and by a profit Continue Reading
Fed says stock market boom, ‘ebullient’ investors warrant caution Booming stocks, internet-driven “meme” investments and the black box of hedge fund financing pose increasing risks as the U.S. economy emerges Continue Reading
The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market’s Continue Reading
U.S. employers likely hired nearly a million workers in April as they rushed to meet a surge in demand, unleashed by the reopening of the economy amid rapidly improving public Continue Reading
After months of supply shortages and embarrassing blunders, Europe’s coronavirus vaccine campaign is at last sprinting ahead, renewing hopes that the continent might meet its initial inoculation goals and tame Continue Reading
Global supply chains will remain unreliable and container shipping prices and profits high for the rest of the year, according to the chief executive of AP Moller-Maersk. This is because of Continue Reading
Saudi Arabia’s national oil company Aramco has again outperformed forecasts. The world’s largest oil company, and 2nd largest listed company, reported a free cash flow of $18.3 billion in Q1 Continue Reading
The world’s largest oil exporter, Saudi Arabia, could see its budget deficit drop to below 5 percent of gross domestic product (GDP) this year if oil prices average $60 per Continue Reading
The European Union will consider sending a civilian training mission to Mozambique to help the government withstand a growing insurgency, EU foreign policy chief Josep Borrell said on Thursday. Mozambique’s Continue Reading
Hopes that India’s deadly second wave of COVID-19 was about to peak were swept away on Thursday as it posted record daily infections and deaths and as the virus spread Continue Reading
India’s huge wave of Covid-19 infections has hit the international shipping industry, which relies on the country for seafarers, as crews come down with the disease and ports deny entry Continue Reading
India’s devastating coronavirus crisis deepened on Thursday, as the country reported 412,000 infections and nearly 4,000 deaths in the previous 24 hours. Epidemiologists believe that India’s surge could hit 500,000 Continue Reading
Oil majors may be slashing spending and deferring development plans across the globe, but they remain committed to developing the newest offshore oil finds in the heart of Latin America. Continue Reading
European Union President Ursula von der Leyen says the 27-nation bloc is ready to talk about the U.S. proposal to share the technology behind COVID-19 vaccines to help speed the Continue Reading
The contrast could hardly be sharper. n much of the developed world, vaccine orders are soaring into the billions of doses, Covid-19 cases are easing, economies are poised to roar to Continue Reading
India accounted for nearly half of the COVID-19 cases reported worldwide last week, the World Health Organization said on Wednesday, as the country’s coronavirus deaths rose by a record 3,780 Continue Reading
Global markets have been hit hard by the economic downturn as a direct consequence of the Covid-19 pandemic. LNG prices were among the commodities which decreased sharply as consumption evaporated Continue Reading
The body for an electric Zeekr, made by Geely, inside the welding hall of a factory near Ningbo, China.Lorenz Huber for The New York Times Fueled with money from Wall Continue Reading
President Joe Biden set a new vaccination goal to deliver at least one shot to 70% of adult Americans by July Fourth as he tackles the vexing problem of winning Continue Reading
Dubai — Saudi Arabia’s real oil GDP is projected to contract by 0.5% in 2021, compared with a contraction of 6.7% in 2020, given production levels agreed by the OPEC+ Continue Reading
The Saudi government is indeed in advanced talks with several Chinese entities – sovereign wealth funds and oil companies – to sell a 1 per cent stake in its flagship Continue Reading
Aramco’s downstream business consumes 43.8% of its crude production Total Q1 hydrocarbon production averages 11.5 million boe/d Q1 profit rises 30.3% on year to $21.72 billion Dubai — Saudi Aramco’s Continue Reading
While India battles a catastrophic second wave of Covid-19 infections, health officials in Africa are watching with alarm as their immunization campaigns, heavily dependent on vaccine imports from the subcontinent, Continue Reading
Indian opposition leader Rahul Gandhi called for a nationwide lockdown as the country’s tally of coronavirus infections surged past 20 million on Tuesday, becoming the second nation after the United Continue Reading
COVID-19 infections and deaths are mounting with alarming speed in India with no end in sight to the crisis and a top expert warning that the coming weeks in the Continue Reading
India’s jet fuel demand is expected to succumb to the latest headwinds — the mutant COVID-19 variant — as many states in the country impose lockdowns and countries worldwide ban Continue Reading
For most of this month, intensive care units across Brazil were at or near capacity amid a crush of COVID-19 patients, and sedatives needed to intubate patients dwindled. The nation’s Continue Reading
The mystery surfaced early in the pandemic. Hospitals were jammed with coronavirus victims, but the official death count in Mexico City appeared suspiciously low. Sitting at her dining-room table one afternoon, Laurianne Despeghel, Continue Reading
