After a prolonged oil price plunge. pushing price levels down to around $59 Brent per barrel. signs are showing that the market believes the downward trend has overshot its target.
Read More »Greenhouse Gas Emission Have Declined in the UK
The United Kingdom has Made major progress in reducing emissions. according to the IEA’s latest country review.
Read More »Iran`s Bank Mellat Sues UK for $1.6 Billion in Damages
UK High Court this month will take up a case brought by Iran’s Bank Mellat against the British government over a 2010 freeze of assets. for which the lender is demanding $1.6 billion in compensation.
Read More »Oil Industry Banks On Shaky Plastic Bet
Even as oil demand is beginning to weaken this year due to a brewing economic slowdown. the oil industry faces a longer-term threat to oil demand as bans on plastic begin to multiply.
Read More »Russia. China Condemns US`s Unilateral Sanctions against Iran
The Russian and Chinese leaders have stressed the importance of the JCPOA.
Read More »Regulators Seek Cooperation Over Plane Safety
EU transport officials say they will work with other regulators on approving new software for the Boeing 737 Max.
Read More »Nord Stream 2 Ready by 52%
Ukraine is adamantly opposed to the construction by calling it politically motivated.
Read More »Why Google Has a Target on Its Back in Washington
The U.S. Justice Department is preparing an investigation of Alphabet Inc’s Google to determine whether the technology company violated laws to ensure fair competition.
Read More »Turkey Mulls Deployment of Russian Missile Near Gas Exploration Zone
Turkey is considering deploying a Russian missile-defense system along the country’s southern coast. near where its warships are accompanying vessels exploring for energy. according to four people with knowledge of the deliberations.
Read More »Total Announce the Launch of Innovative Project for the Capture and Storage of CO2 on an Industrial Scale
A consortium of 11 European stakeholders including ArcelorMittal. Axens. IFP Energies nouvelles (IFPEN) and Total. is launching a project today to demonstrate an innovative process for capturing CO2 from industrial activities.
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