OPEC+, a coalition led by Saudi Arabia and Russia, has implemented a series of production cuts since late 2022.
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Author: Biplab Das
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FeaturesWorld Beyond News
The road ahead for automotive digital marketplaces: navigating challenges and opportunities
by Biplab Dasby Biplab DasDigital marketplaces have revolutionised how vehicles are bought and sold globally.
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INDUSTRY NEWSLatest News
EU approves Italian state aid for USD 5.4 bn STMicroelectronics chip plant in Sicily
by Biplab Dasby Biplab DasThe new facility in Catania will receive approximately EUR 2 billion in direct grants from the Italian government.
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INDUSTRY NEWSLatest News
ISS recommends Tesla shareholders vote against Musk’s USD 56 bn pay package
by Biplab Dasby Biplab DasThis recommendation comes ahead of Tesla’s annual meeting on June 13, where shareholders will vote on the controversial pay plan and other key issues.
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INDUSTRY NEWSLatest News
U.S. Department of Labor sues Hyundai over child labour violations
by Biplab Dasby Biplab DasThis legal action highlights a troubling issue within the automotive industry and calls for significant changes to protect vulnerable workers.
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INDUSTRY NEWSLatest News
EU agrees to exit Energy Charter Treaty amid climate concerns
by Biplab Dasby Biplab DasThe ECT, established in 1998, provides a framework for cross-border cooperation in the energy industry.
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FeaturesWorld Beyond News
The evolution of batteries: powering the future of electric mobility
by Biplab Dasby Biplab DasBatteries are the lifeblood of electric vehicles, powering the motors that drive them.
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INDUSTRY NEWSLatest News
Chevron shareholders reaffirm board amid Hess buyout
by Biplab Dasby Biplab DasChevron’s proposed buyout of Hess Corp., a significant oil producer, is currently under review by the U.S. Federal Trade Commission (FTC).
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INDUSTRY NEWSLatest News
Geely’s next-gen hybrid engines aim to revolutionise fuel efficiency
by Biplab Dasby Biplab DasThis strategic move is expected to significantly impact the hybrid vehicle market, particularly in China, where demand for plug-in hybrids is rapidly growing.
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INDUSTRY NEWSLatest News
NHTSA intensifies investigation into Tesla’s power steering issues
by Biplab Dasby Biplab DasThis inquiry underscores the growing scrutiny on the electric vehicle manufacturer’s safety measures and quality control processes.