Sales of electric vehicles to hit a record high this year in the US
Electric vehicle (EV) sales in the U.S. are expected to account for 9 percent of all passenger vehicles this year,…
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Goldman Sachs
US exporters of liquefied gas, the main winners of the energy crisis in Europe
US liquefied natural gas (LNG) exporters have become the main winners of Europe’s gas supply crisis, with February being the…
Gas crisis is causing German utility companies to raise funds
European utility companies are rushing to raise billions of euros, a proof to the financial stress caused by record prices…
Russia is expected to increase its oil exports in Q4
Russia is expected to increase its oil exports from the Urals through Baltic ports in the fourth quarter, due to…
Deloitte: The effects of the COVID-19 pandemic on financial markets
Bogdan Tudorache The International Monetary Fund (IMF) has announced that it is making available to emerging and low-income states $50…
Nicolescu, Deloitte: Climate neutrality involves investments of 250 bln. euro per year in Europe; we have to bring this money to Romania, too
Răzvan Nicolescu, former Minister of Energy and partner at Deloitte, says that we should pay attention not to the several…
Germany’s RWE to cut one in three jobs in $2.9 bln coal exit deal
RWE, Germany’s biggest power producer, will cut about 6,000 jobs, or nearly a third of its current workforce, by 2030…
Oil prices top $70 a barrel amid fears over Suleimani retaliation
Oil prices climbed above $70 a barrel for the first time in four months on Monday amid fears that the…
Marketwatch: OPEC loses influence on oil prices
The Organization of Petroleum Exporting Countries (OPEC), whose members control over 80% of the world’s oil reserves, fails to exert…
Halliburton to buy Baker Hughes for about USD 35 bln
Halliburton Co will buy Baker Hughes Inc for about $35 billion in cash and stock, creating an oilfield services behemoth…
