The company said it will no longer invest in new coal-fired power plants and will progressively phase out all remaining coal assets by 2050.
Read More »China. Hong Kong Reject US Warning on Iran Oil Shipment
China. the top buyer of Iranian oil. dismissed Washington’s warning to Hong Kong that it could face penalties if it provides services to a vessel carrying Iranian oil headed for the autonomous territory.
Read More »Iran. Panama. China. Hong Kong to Inspect Sunken Oil Tanker
Navigation authorities of the four countries agreed to carry out a joint research on the collision of the Iranian tanker and the Chinese freighter which took place on January 6
Read More »Asian Energy Firms Sink as OPEC Output Deal Disappoints
The final decision sent both main oil contracts plunging Thursday. which in turn dragged energy firms lower.
Read More »Asian markets Pause after Oil Rally
Traders are now awaiting the release this week of minutes from the Federal Reserve'.s latest policy meeting.
Read More »Oil Rises Near US$53 as Iraq Says Close to Full OPEC Cut Pledge
The market is waiting to see how the Opec cuts and US supply situation plays out.
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