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Environmental groups and lawmakers are raising the alarm about the climate cost of bitcoin mining, while industry groups and proponents say it can be part of a climate solution.
THE jump in Saudi Arabia’s crude oil prices for its Asian customers is a real world example of how the Russian invasion of Ukraine is starting to force a realignment of global oil markets.
CAN Russia rescue India from the high energy prices caused by Moscow’s invasion of Ukraine?
THE crude oil market has spent recent weeks worrying about the impact on supply from Russia’s invasion of Ukraine, but China’s ongoing battle to contain the coronavirus pandemic is highlighting the return of demand destruction fears
THE voluntary shunning of Russian commodities by Western buyers, or self-sanctioning, was expected to start hitting exports of crude oil, liquefied natural gas (LNG) and coal from April, but there are already signs that flows are weakening.
CHINA’S imports of major commodities appeared largely steady to even somewhat soft in the first two months of the year. But the bland figures mask some dynamic shifts, which are likely to be exacerbated by the ongoing Ukraine crisis.
THE decision by the Organisation of the Petroleum Exporting Countries and allies (Opec+) to stick to its plans for only a small increase in crude oil output in April shows the producer group is increasingly disconnected from the new reality of the market following Russia’s invasion of Ukraine.
PETALING JAYA: A consortium of Gamuda Australia and Laing O’Rourke has been appointed by the Government of New South Wales (NSW) to deliver the A$2.16bil (RM6.58bil) Western Tunnelling Package (WTP) on the Sydney Metro West project.
A consortium between Gamuda Australia and Laing O’Rourke has been appointed by the NSW Government to deliver the A$2.16bil Western Tunnelling Package (WTP) on the Sydney Metro West project.