Following the Russian invasion of Ukraine, global automakers are accelerating efforts to use less palladium and more platinum due to supply worries from Russia, said the World Platinum Investment Council (WPIC) on Monday. In order to save money, automakers have… Read More ›
oversupply
LNG prices likely to shoot up after 2022: ConocoPhillips
ConocoPhillips is expected to take a final investment decision on whether it should develop the Barossa gas field. On Tuesday, the Chief Executive of ConocoPhillips stated, he expects global prices of liquefied natural gas (LNG) to be weak in the… Read More ›
Solar panel glut leading to more cost effective installations globally
The glut has not only significantly diluted the impact of Trump’s tariffs but has also led to solar panel makers consolidating and expanding their market footprints through volume rather than margins. In recent weeks, the steep decline in the prices… Read More ›