Trial International has filed a criminal complaint against Kolmar Group with the Office of the Attorney General in Switzerland.
Oil rose today following a prediction from Russia that the market may rebalance as early as next month after historic output cuts from global producers to drain a glut.
According to the latest analysis by Wood Mackenzie, China’s oil demand will recover to 13 million barrels per day (b/d) in Q2 2020, a 16.3% jump compared to Q1 this year.
In the wake of the historic global economic shutdown in response to the Covid-19 pandemic, governments are unleashing trillions of dollars in a bid to create jobs and spur economic recovery. The scale of this stimulus is unprecedented, in some cases amounting to
more than 10% of countries’ gross domestic product. At the same time, an overwhelming number of economists, finance ministers, and business leaders are saying that much of that money needs to help—and certainly not hinder—our ability to cut emissions.
The Energy Voice Out Lead team, still working from their respective EVOL lairs, take some time this week to consider how the oil price blues are threatening spending plans, upending agreed deals, and leaving workers out in the cold.
Nigerian economic growth beat estimates in the first quarter as oil production rose to the highest in at least four years.
Oil rose as the head of the International Energy Agency forecast demand will likely grow past its level before the global pandemic.
The oil and natural gas capital of the world is going all-in on solar power.
Oil was anchored near $33 a barrel as an escalating war of words between the U.S. and China added to caution over the prospects for a global recovery in demand.
The UK is poised to lead the way as operators increase spending on North Sea decommissioning work amid low oil prices, according to a new report.