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Economy

US weekly jobless claims remain high

WASHINGTON: A second wave of layoffs amid weak demand and fractured supply chains is keeping new US applications for unemployment benefits elevated, supporting views that the economy faces a long and difficult recovery from the Covid-19 recession.

Energy

Chevron to start sale for North West Shelf LNG stake

SAN RAMON (CALIFORNIA): Chevron Corp will start a sales process for its interest in the North West Shelf project in Australia, one of the nation’s first liquefied natural gas export ventures, after receiving a number of approaches from potential buyers.

World

Denmark still has far to go to meet tough 2030 emissions goal - energy agency

COPENHAGEN (Reuters) - Denmark will reduce greenhouse gas emissions by 44% by 2030 compared with 1990 levels if no new initiatives are introduced, the Danish Energy Agency (DEA) projected on Thursday.