Coronavirus

  • News
    Coronavirus Has Appeared To Be A Great Challenge For Wind Power

    Coronavirus Has Appeared To Be A Great Challenge For Wind Power

    The worldwide wind energy increase is going through a pointy slowdown as coronavirus restrictions hit provide chains, threatening tasks with delay, and even cancellation. Worldwide disruption from measures to sluggish the pandemic has led to part shortages at firms together with Vestas and Siemens Gamesa, placing as a lot as 30 gigawatts of recent capability in danger within the US,…

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  • News
    US Crude Oil Price Is Falling

    US Crude Oil Price Is Falling

    US crude oil jumped greater than $20 per barrel on Tuesday however, nonetheless traded beneath $0 after plunging into the detrimental territory for the primary time in historical past, dragged down by a provide glut and sagging demand for crude as a result of coronavirus pandemic. Oil costs have been underneath stress as journey restrictions and lockdowns to comprise the…

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  • Crude Oil
    Oil And Chemical Companies Are Going To Slash Capex

    Oil And Chemical Companies Are Going To Slash Capex

    Within the wake of the coronavirus and collapse in crude oil costs, chemical, and oil and fuel, and midstream corporations will all slash capital spending (capex) for development initiatives to protect money. In consequence, the US and international chemical funding waves seem to sluggish significantly within the years forward. Whereas main US chemical tasks beneath building ought to proceed, the…

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  • News
    Saudi Aramco Contemplating Sale of $10 Billion Pipeline to Raise Cash

    Saudi Aramco Contemplating Sale of $10 Billion Pipeline to Raise Cash

    Saudi Aramco, the world’s most significant oil producer, is weighing the sale of a stake in its pipeline unit to raise cash amid a plunge in crude prices, based on individuals familiar with the matter. Aramco may need to boost cash this year as it confronts a historic turmoil in oil prices and a burgeoning list of spending duties. The…

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  • Crude Oil
    US Oil and Gas Sector Affected Massively by Coronavirus

    US Oil and Gas Sector Affected Massively by Coronavirus

    The worldwide vitality sector is sick due to the coronavirus. However, the illness might have its most deleterious impact on the U.S. oil and gas industries, on condition that the president is making an attempt to stress China to purchase more U.S-produced fossil fuels. China’s concessions throughout commerce talks are doubtful. However, the coronavirus makes them much more uncertain. And…

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