June 4, 2020

Red tape thwarts South Africa’s green energy potential

JOHANNESBURG – World-leading renewables companies are lining up to invest in South Africa’s energy sector and help remedy a chronic generation shortfall that pushed the continent’s […]
June 4, 2020

Oil refineries, offshore drillers face hurricane challenges amid pandemic

As oil and gas companies began shutting offshore production before the first tropical storm of the season in the U.S. Gulf of Mexico, experts said restarting […]
June 4, 2020

U.S. court blocks sales of Bayer’s dicamba herbicide

German agrochemicals group Bayer AG has been blocked from selling its dicamba herbicide in the United States after an appeals court rejected a federal regulator’s permit […]
June 4, 2020

Oil prices fall on doubts over output cuts, surging U.S. diesel inventories

Oil prices dropped on Thursday, reversing gains in the previous session, on concern over whether major crude producers will be able to agree to extend record […]
June 4, 2020

U.S. airlines gain final approval to drop services to 75 domestic airports

Fifteen U.S. airlines were granted final government approval on Wednesday to temporarily halt service to 75 domestic airports as travel demand has been crushed due to […]
June 4, 2020

South Korea seeks arrest of Samsung heir in succession probe

South Korean prosecutors have requested an arrest warrant against Samsung Group heir Jay Y. Lee, they said on Thursday, in the investigation of a controversial 2015 […]
June 4, 2020

HSBC, StanChart shares rise in Hong Kong after backing China security law

Hong Kong-listed shares of HSBC and Standard Chartered rose on Thursday after the banks backed China’s imposition of a national security law on the city, even […]
June 4, 2020

U.S. new weekly jobless claims seen falling below 2 million

The number of Americans filing for unemployment benefits likely dropped below 2 million last week for the first time since mid-March, but remains astonishingly high as […]
June 4, 2020

Shell plastics plant Trump touted faces oversupply risks: energy institute report

A massive Pennsylvania plastics project that President Donald Trump touted during a visit last year faces risks of oversupply and a low price outlook for the […]
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