Crude oil prices plunged to 1-year lows on Monday, as worries about a slowdown in oil demand linger on the back of the coronavirus outbreak.
read more... 04/02/2020
Crude oil prices increased on Wednesday, due to a potential extension of crude output cuts by OPEC, which counterbalanced fears about the coronavirus spread.
read more... 30/01/2020
Carbon capture experts Svante Inc of Canada and Zurich-based Climeworks AG have entered into a joint development agreement that should facilitate the quicker scale-up of their technologies.
read more... 29/01/2020
The bosses of some of the world’s biggest oil companies discussed adopting much more ambitious carbon targets at a closed-door meeting in Davos on Wednesday, a sign of how much pressure they’re under from activists and investors to address climate change.
read more... 27/01/2020
Crude oil price extended gains on Monday as tensions erupted following Soleimani's killing on Friday, with Tehran and Washington exchanging strike threats. Brent crude for March delivery rose above $70 a barrel at one point, but settled only 0.5% higher at $68.91 a barrel. U.S. WTI crude for February delivery gained 22 cents to close at $63.27 a barrel.
read more... 07/01/2020