In what appears to be a continuing spillover from Tesla’s recent contested recall of its Model S and Model X vehicles in China due to suspension issues, U.S regulators are now investigating the issue. The U.S. NHTSA announced on Friday it had opened an investigation into about 115,000 Tesla vehicles over front suspension safety issues, according to Reuters. It said…
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Japan, South Korea and a fleet of international shipping groups have warned the European Union against its plan to add greenhouse gas emissions from the maritime sector to Europe’s carbon market. As the 27-country EU seeks to steer its economy towards “net-zero” emissions by 2050, the executive European Commission wants to expand its carbon market to shipping. Currently, the policy requires…
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DNV GL, a Norwegian risk management and quality assurance firm, told Reuters on Thursday it had suspended work on the gas pipeline Nord Stream 2 to avoid sanctions under the recently expanded U.S. sanctions on the Russia-led project. Last month, the U.S. Department of State said it was broadening the sanctions against service providers and those funding vessels involved in the construction of Nord…
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TOM KOOL Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info SHARE Facebook Twitter Google + Linkedin Reddit PREMIUM CONTENT Oil Prices Are On Course For Another Weekly Gain U.S. Shale Production Continues Its Decline Iran’s Leading Nuclear Bomb Expert Assassinated Why OPEC Is Worried About The UAE Oil Markets…
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In a press conference, Special Adviser to the Prime Minister Nadeem Babar attempted to answer some of the questions on energy purchase raised by Geo’s Shahzeb Khanzada in his show – all the while denying he was referring to the show at all. What the presser led to, though, were even more unanswered questions – leading us to wonder why…
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WWF-Pakistan on Thursday appealed to the government to declare Churna Island a Marine Protected Area (MPA) after coral bleaching was reported in some areas of the island. This is the first time that the phenomenon has been reported in Pakistan. According to a statement released by the WWF-Pakistan, a PADI certified driver, Khizar Sharif, while on a diving expedition around…
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KOHAT, (APP – UrduPoint / Pakistan Point News – 26th Nov, 2020 ) :Police on Thursday busted eight-member inter-provincial gang involved in theft of crude oil from Oil & Gas Development Company Limited (OGDCL) pipeline in Shakardara area. Police also seized three vehicles and several drums and other equipments used in stealing crude oil. Police said that thieves have drilled…
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ISLAMABAD: Despite facing gas shortfalls, the Sui Northern Gas Pipelines Ltd (SNGPL) on Thursday demanded 123 per cent increase in its gas rate, 100pc increase in meter rent and 700,000 fresh domestic connections, which was strongly opposed by the stakeholders including textile industry and transport sector. At a public hearing presided over by Oil & Gas Regulatory Authority (Ogra) Acting…
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KARACHI: State-owned Pakistan State Oil (PSO) has floated several tenders to procure petroleum products to ensure ample availability of fuel in the New Year, it was learnt on Thursday. PSO has invited bids for supply of three motor gasoline cargos of 45,000 tons each in January 2021, along with one standard size cargo each of high sulphur fuel oil and…
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Reduced activity levels, project cancellations and workforce cuts as a result of the coronavirus pandemic have slashed business confidence across the UK’s oil and gas sector, according to an industry report. The 32nd Oil and Gas survey, conducted by Aberdeen & Grampian Chamber of Commerce in partnership with the Fraser of Allander Institute and KPMG UK, asked firms about the…
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