In a development that marks the expansion of the scope of the previous US Administration, US President Joe Biden banned US entities from investing in a couple of Chinese companies with alleged links to the Chinese military, through an executive… Read More ›
In a statement the White House said, U.S. President Donald Trump has signed an executive order which further strengthens the November ban on U.S. investments in companies which are allegedly controlled or owned by the Chinese military curbing their access… Read More ›
According to four industry sources, PetroChina has declared force majeure on natural gas imports, including on liquefied natural gas (LNG) shipments and on gas imported via pipelines, following the coronavirus outbreak. PetroChina issued the force majeure notice to suppliers of… Read More ›
With comparatively higher cash reserves, Hess has come under renewed investor pressure to deliver better return to its shareholders. With activist hedge fund Elliott Management Corp calling the performance of oil and gas producer Hess Corp as “continuing underperformance”, it… Read More ›
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