Mattoo Rani 1007 posts

Increased demand from Europe for liquefied natural gas (LNG) will increase competition with Asia for additional LNG supplies, while new supply will remain limited over the next two years. Shell writes this in a report on the LNG market.…
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Carmaker Ford plans to cut 3,800 jobs in Europe over the next three years. Of these, 2300 disappeared in Germany and another 1300 in the United Kingdom. The remaining 200 jobs will be cut in other countries. These are mainly…
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Olympus was among the biggest fallers on the Tokyo stock exchange on Monday. The Japanese camera maker lowered its profit forecast for the full fiscal year, which runs until the end of March, after disappointing results in the past quarter.…
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Climate activists should not just push for a reduction in fossil fuel use but should look "at the bigger picture". This is what Secretary-General Haitham Al-Ghais of the oil cartel OPEC said during an energy conference in Cairo. …
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The United States has blacklisted six Chinese companies over their alleged involvement in the development of spy balloons. According to the US Department of Commerce, these companies have contributed to China's People's Liberation…
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Russia will cut its oil production by about 5 percent next month. With this measure, Deputy Prime Minister Alexander Novak responds to import bans and price caps from Western countries. As a result, Moscow has seen the revenues from its oil…
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