Norwegian oil company Equinor has halted work at the Martin Linge offshore development project after one of its employees tested positive for the coronavirus earlier this week, the...
Global central banks already struggling to spur inflation amid the spreading coronavirus are facing a fresh challenge -- the oil crash, report agencies. The price war between Saudi Arabia and Russia that has given crude its worst week since 2008 will put heavy downward press...
Germany's power grid industry is set to expand big battery capacity to 517 megawatts (MW) in 2020, 14 per cent more than last year's 453 MW, which already overshot expectat...
BP is seeking to reduce spending after the collapse in oil prices sent its shares to their lowest in 24 years, Chief Executive Bernard Looney said on Friday, report agencies. The s...
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