Turkey is guzzling Russian diesel that Europe can’t buy
Turkey is loading up on millions of barrels of diesel from Russia that European Union countries can no longer buy.
Micron says shipments and operations unaffected by China probe
Micron Technology Inc., the US chipmaker that’s facing a cybersecurity review by the Chinese government, said that the investigation isn’t affecting its ability to deliver…
EU subsidies rule would hurt global firms, business groups warn
A draft European Union rule on foreign subsidies would have a “chilling effect” on foreign businesses operating in the bloc at a time when Europe…
Turkey’s trade gap grows as easing chip crisis boosts car demand
Turkey’s foreign trade deficit widened 3.7% on an annual basis in March, as record exports failed to offset rising imports of gold and vehicles.
Biden’s landmark climate bill lures China’s clean energy giants
China’s leading renewables firms are joining the rush to open factories in the US after Washington passed a landmark climate bill that supports local clean…
Shock OPEC+ output cuts to hit demand, rates for oil tankers
OPEC+’s shock decision to cut oil production isn’t just redrawing the outlook for crude prices, it’s also hit the prospects of tanker companies that transport…
Ørsted and Google sign first power purchase agreement in the U.S.
Google will purchase wind energy from Helena Wind Farm located in Bee County, Texas.
USTR releases 2023 National Trade Estimate Report on Foreign Trade Barriers
United States Trade Representative Katherine Tai today released the 2023 National Trade Estimate Report on Foreign Trade Barriers (NTE Report), providing a comprehensive review of…
DB Schenker goes electric for the long haul
• Deployment of 100 eActros LongHaul in the European network with start of series production of the e-truck in 2024 • Battery-electric tractor unit for…
OPEC+ surprises with a voluntary 1.15 million bpd cut - Rystad Energy oil market update
Some OPEC+ countries have surprised markets with a voluntary cut of 1.15 million barrels per day (bpd) causing oil prices to rise and feeding inflationary…
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