Month: March 2021

(Bloomberg) — Oil snapped a two-day streak of gains alongside a strengthening dollar as near-term risks to the demand recovery emerged ahead of a OPEC+ meeting this week to decide on output policy. Futures in New York fell 1.6% Tuesday to below $61 a barrel. An OPEC+ technical panel agreed to revise down the group’s oil-demand estimates
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The “long-term” partnership announced today is between Volvo Autonomous Solutions and self-driving startup Aurora. The two plan to jointly develop globally-leading autonomous transport solutions at scale, beginning with North America. The partnership announced in a press release today is said to span several years, with the goal of combining technologies to develop and deploy on-highway
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To further protect the interest of domestic module manufacturing companies, the Indian government has imposed fresh import duties on solar cells and modules. The Minister of New and Renewable Energy recently announced the imposition of a basic customs duty on solar cells and modules. Solar cells imported into India will attract a 20% duty while
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In this article BLK A sign for BlackRock Inc hangs above their building in New York. Lucas Jackson | Reuters Governments should be leading the global economy’s sustainable transformation, not markets, according to author and economist Ann Pettifor. Pettifor, author of “The Case for the Green New Deal,” told CNBC on Friday that a reliance
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(Bloomberg) — Oil climbed to the highest in almost two weeks as traders looked ahead to this week’s OPEC+ meeting with speculation that renewed demand concerns will spur the group to keep production in check. Futures rose nearly 1% in New York, notching a second straight daily gain. Worries over the near-term recovery in demand,
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Asambe, an all-electric transportation and end-to-end logistics service, is scaling up operations building on its initial pilot and several partnerships for delivery services. Asambe already has 3rd party last-mile delivery agreements with: FedEx, Zimbabwe (parcel deliveries) Baines Avenue Pharmacy, Zimbabwe (medical supplies) Munch, Zimbabwe (food delivery) UberEats, South Africa (food delivery) Asambe is actively seeking
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Articles about solar power and a pair of LNG projects on two different continents ranked among the more popular articles last week among Rigzone’s downstream audience. Read on for details. How Much Solar PV Is Needed for Net Zero Target? For the United States to meet its target of emitting zero net carbon dioxide emissions
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The Taiwan-owned MV ‘Ever Given’ (Evergreen) container ship, a 400-metre- (1,300-foot-)long and 59-metre wide vessel, is lodged sideways and impeding all traffic across the waterway of Egypt’s Suez Canal, on March 27, 2021. AHMAD HASSAN | AFP | Getty Images The owners of the massive ship blocking the Suez Canal aim to refloat the vessel
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