Polish energy companies Enea SA and Energa SA have announced they have halted financing for the 1GW Ostrołęka C facility due to shifting economic and political contexts.
Read More »Hyundai Gets Serious On Electric Cars
The supply for the European market can soon grow to 80.000 vehicles per year.
Read More »OPEC Underestimates China Virus
China’s own oil consumption is down sharply as factories stay closed and travel restrictions remain in place.
Read More »Coronavirus Brings Recession Risk Back to the German Economy
Deutsche Bank now expects a slight contraction in the fourth quarter. and cast doubt on the prospect of any rebound at the start of 2020.
Read More »OPEC Says Coronavirus to Trim 2020 Oil Demand
OPEC and its partners have been limiting supply since 2017.
Read More »Capital Market Able to Meet 50% of Oil Industry’s Investment Needs
Investment risks should be offset by increased interest rates and returns.
Read More »Scotland Launches £40m Fund to Drive Low Carbon Farming
The new programme will support the agricultural sector’s efforts to reduce greenhouse gas emissions.
Read More »China Virus Threatens Gulf Economies
Non-oil trade between Beijing and the Gulf Cooperation Council (GCC) has grown from just several billion dollars two decades ago to nearly $200 billion last year.
Read More »OPEC Cuts 2020 Oil Demand Outlook amid Coronavirus Uncertainty
Global benchmark Brent crude has fallen to around $55 a barrel this year. alarming producers.
Read More »Iran’s Economy Stepping Out of Recession
Iran’s economy is getting out of recession. while major economic indices are experiencing stability.
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