Oil Giant BP Taps Into Electric Car Charging Market

The global oil magnet British Petroleum (BP) has bought Chargemaster, the country's biggest electric car charging operator, signaling the energy major’s concern about the impact of low-carbon vehicles on its core business, as well...

US Glycerine Market Expected In Delicate Balance In Second Half

The glycerine market in the United States is seeing finely balanced supply-demand movement as the next half year ramps up. Market players are trying to measure the shortage of glycerine supply in next few months in the face of a delicate supply-demand balance. With most of American glycerine producers sold out and fix their sales contracts for the third...

US Chemical Industry Could Be Hurt in Escalating US-China Trade Tensions

The escalating trade conflicts between the United States and China would come down hard on the US chemical industry which could suffer great losses from China's threatened tariffs. The US President Donald Trump announced recently that...

China Looses Coal Import Restrictions to Secure Summer Power Supply

China’s energy regulators have eased controls on coal imports at the country’s major ports, as a significantly larger amount of coal will be consumed to ensure the jumping demand for electricity during the next...

Dry Spell in Brazil Hits Second-Corn

Brazil’s northern growing regions are continually suffering dry weather, which peaks in June, July and August. The lasting drought is likely to hurt Brazil’s second-corn, prompting flashbacks to the ill-fated 2018 harvest. Second corn, also...

China Strives for More Pricing Power Over Oil

China launched last Monday trading of the yuan-priced crude oil futures contracts at the Shanghai International Energy Exchange (INE), taking its first steps towards paying for imported crude oil in yuan instead of the US...

Trump’s Oil Ban On Iran Raises Risks of Oil Price Spike

U.S. President Trump’s “withdrawal” from Iran nuclear deal has sent shockwaves through the Iranian economy. The tension has been escalated when US Secretary of State Mike Pompeo announced a list of 12 demands of...

US is Becoming the Second Most Attractive Renewable Energy Market in the World

EY’s Renewable Energy Country Attractiveness Index shows that the United States has moved ahead to the second only to China. While it ranked the third last year because of Trump’s fossil fuel industry revival...

Transformation of Ford: Mustang, Focus Crossover Will Be Only Ford Cars on the Market...

The company which established more than a century ago by Henry Ford moved America from a carriage to a car. Today, the Ford that changed our world is experiencing another transformation as the transportation...

Will OPEC Listen to Trump to Raise Oil Output?

The White House has asked Saudi Arabia and some other OPEC producers to increase oil production under the table, but did not determine a specific number, according to three OPEC and industry sources on...

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No Winner of Trade War: Trump’s Tariffs Are Straining the Global...

  The Trump administration said it would move ahead with imposing a 25 percent tariff on $50 billion of Chinese products that are imported into...