OilPrice

The U.S. move to penalize China-built and China-owned vessels calling at U.S. ports could lead to an oil supertanker made in China and operated by a Chinese company facing a fee of up to $5.2 million per call at a U.S. port, shipbrokers have estimated. The U.S. last week announced fees on vessel

Saudi Aramco and the top Chinese electric vehicle manufacturer, BYD, will explore closer collaboration in the development of new energy vehicle technologies, Saudi Arabia’s state oil giant said on Monday. Aramco’s wholly-owned subsidiary, Saudi Aramco Technologies Company (SATC), and BYD have

Saudi Aramco and the top Chinese electric vehicle manufacturer, BYD, will explore closer collaboration in the development of new energy vehicle technologies, Saudi Arabia’s state oil giant said on Monday. Aramco’s wholly-owned subsidiary, Saudi Aramco Technologies Company (SATC), and BYD have

China slashed its imports of many U.S. energy and agricultural commodities in March amid intensifying trade and tariff tensions with the United States, which are set to further reduce Chinese purchases of American goods this month and in the coming months. China’s LNG imports from the United States

This week, the Interior Department axed a major offshore wind power project in New York. The grounds for the decision to halt construction at Empire Wind 1 was a sub-par environmental assessment. The wind industry was shocked, and more shocks are coming. Yet it won’t be Trump’s administration that