June 4 2020

Covid-19 Means U.K. New Gas Power Is 27% Cheaper

Since 2012, the average annual natural gas price in the U.K. has ranged from 5 to 10 pounds ($6-12) per million British thermal units. However, demand has eroded during the Covid-19 pandemic, causing the price to tumble to 2.63 pounds in the first quarter.

June 4 2020

To Grow or Not to Grow? Lithium Producer Strategies Differ

Three top global lithium producers are reacting differently to pressure from the Covid-19 pandemic.

June 4 2020

Oil Price Shock Flattens the Cost Curve for Petrochemicals

The decline in oil prices and demand shock for gasoline has dragged down the price of naphtha, a major oil-based petrochemical feedstock.

May 29 2020

Oilfield Service Companies Fall Back On Digital Strategy As Revenues Tumble

Baker Hughes, Halliburton and Schlumberger have been hit hard by the economic downturn. However, their commitment to a new digital strategy has not waned.

May 28 2020

Digital Strategy of Oilfield Services During Covid-19

The combined net income of Baker Hughes, Halliburton and Schlumberger was -$18.6 billion in 1Q 2020.

May 28 2020

China Backs Self-Driving Development With Robotaxi Pilots

China has tested more than 350 autonomous vehicles (AVs) on public roads in some 22 cities since March 2018.

May 28 2020

9 of 10 Cars May Offer Advanced Safety Systems by 2030

Partial automation of vehicles is set to increase in coming years as advanced driver assistance systems (ADAS) become commonplace.

May 28 2020

China Oil Product Exports to Dip as Demand Ramps Up

China's oil market is beginning to re-balance, with product exports set to decline in May.

May 28 2020

Startups Give U.K. Hope in the Battery Manufacturing Race

Two startups, AMTE Power and Britishvolt, are set to help save the U.K.'s battery manufacturing ambitions.

May 28 2020

German Power to See Record Coal-to-Gas Switch This Summer

Extremely low gas prices in northwest Europe signal maximum brown coal-to-gas fuel switching in Germany's power sector this summer.

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