The rush to electrify transportation will shift to Europe from China in 2020 as carmakers and governments work to cut carbon emissions that lead to global warming.
Read More »OPEC Sees Growing Supply Threat From Rivals Beyond U.S. Shale
OPEC’s latest forecasts suggested a weaker outlook for global oil markets this year as surging supplies from competitors from Norway to Guyana threaten the group’s efforts to defend crude prices.
Read More »Geopolitical Tensions won`t Lead to Oil Market Shock
The oil market has been driven in recent years by a surge of non-OPEC production that has outstripped demand.
Read More »Toshiba Touts Algorithm That’s Faster Than a Supercomputer
It’s a tantalizing prospect for traders whose success often hinges on microseconds: a desktop PC algorithm that crunches market data faster than today’s most advanced supercomputers.
Read More »China is Looking to Seize Global EV Market
Chinese EV makers believe that it’s now their second chance to try to manufacture good-quality electric cars.
Read More »Chinese Demand for U.S. LNG Unlikely to Surge as long as Tariffs Remain
Chinese purchases of U.S. liquefied natural gas (LNG) are unlikely to surge.
Read More »IEA Sees well Supplied Oil Market despite Slower US Supply Growth
Saudi Arabia cut crude production to 9.68 million b d from 9.88 million b d in November.
Read More »Iraq`s Oil Supply Vulnerable amid Mideast Tensions
Iraq’s fragile security situation may limit its plans to expand oil-production capacity in the medium-term.
Read More »Aramco CEO Says Oil’s Central Bank Can Handle Any Disruption
Aramco’s quick recovery from the attacks on its Abqaiq oil facility shows resilience and flexibility that’s without parallel in the industry. proving to the world that Saudi Arabia is a reliable supplier.
Read More »Roomba Maker Developing Robot With Arms That May Do the Dishes
it’s working on a household helper that will have arms that could load dishes. pick up clothes. or bring food from kitchen to table.
Read More »