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NEW YORK: An index of stocks across the world fell on Thursday weighed by Wall Street after reports that the Biden administration will propose a sharp increase to capital gains tax, while the dollar index rose as the euro and pound gave back recent gains.
REYKJAVIK: The Nordic region is losing its edge in green bitcoin mining, just as the industry faces growing scrutiny for its carbon emissions and everyone from Elon Musk to mom-and-pop investors pile in.
China's goal to reach carbon neutrality by 2060 will have a huge influence on the country's macro economy and could generate a total investment of 100-300 trillion yuan ($15.26-45.78 trillion) in the next 30 years, said a prominent Chinese economist over the weekend.
Oil prices rose on Tuesday as investors looked for bargains following the previous day's plunge on rising output from OPEC+, while strong economic data from the United States and China brightened recovery prospects.
KUALA LUMPUR: Oil and gas (O&G) will continue to make up a significant portion of the energy mix, although at a declining trend of 47% by 2040 from about 54% in 2018 due to the growth of renewable energy.
KUALA LUMPUR: Oil and gas will continue to make up a significant portion of the energy mix, although at a declining trend of 47 per cent by 2040 from about 54 per cent in 2018 due to the growth of renewable energy.
SINGAPORE: Oil prices edged down in early Asian trade on Monday after OPEC+ agreed last week to gradually ease some of its production cuts between May and July.
Vietnam is expanding its power generation capacity - Black & Veatch selected owner's engineer for its wind farms
Vietnam is expanding its power generation capacity as it balances its generation portfolio and meets the soaring energy demand of growing population and flourishing economy.
S&P Global Platts Analytics on March 17 published its 100th issue of the Coronavirus Dashboard for Energy Demand -- not a celebratory statistic by any measure, and one made worse by the fact that the pandemic’s grip on the world continues.