Tag Archives: largest

In a statement on Monday cited by state-run media, Kuwait Oil Company (KOC) spokesman Qusay Al-Amer said a fire had broken out at dawn and all relevant teams had been dispatched to bring it under control.  Al-Amer said two workers, both of whom worked for a service company contracted to …

A gasoline and diesel pipeline running the length of the US East Coast was temporarily shut down following a cyber attack on Friday. The pipeline’s operator, the Colonial Pipeline Company, released a statement on Friday night acknowledging the “cybersecurity attack” and announcing that “all pipeline operations” had been halted in …

Higher demand for travel and acceleration of vaccinations in Europe are set to result in “the biggest jump in oil demand ever, a 5.2 million barrels per day (bpd) rise over the next six months,” Reuters quoted Goldman Sachs as saying in a note to clients. Goldman Sachs continues to …

Data shows that the United States was the top oil-producing country in the world and Saudi Arabia was in third place. Russia held the status of the world’s second-largest oil producer for the 10th month in a row, dropping to the third spot for only one month, in April 2020. …

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The $8 billion copyright case against Google landed heavily in the tech giant’s favor on Monday, with six judges finding in favor of the company and just two dissenting in support of Oracle. Google had argued its reuse of the code in question was in line with “long-settled, common practice[s] …

Several months ago, Chile’s second-largest lithium producer, Albemarle Corp. (NYSE:ALB), warned that global supplies of lithium were on course for a major shortfall in a few years’ time if prices fail to reflect the costs of funding massive expansions amid the EV boom. Specifically, ALB highlighted the chasm between discount-hunting EV manufacturers and lithium …

It has been common to predict that Russia’s post-Soviet generation would feel a closer affinity to the West and embrace a shared identity with Europe. All the West had to do was to wait out Vladimir Putin’s period in power and the gravitational pull of the European identity would result …

“The investigation continues and the government expects that at least one hundred additional individuals will be charged,” claimed the prosecutors in court filings first reported by Fox News on Friday, noting that 300 people have already been charged and that the Justice Department is also “investigating conspiratorial activity” that may …

According to the data published by the European Union’s statistics office, Eurostat, the 27-nation bloc’s imports from China hit €383.5 billion ($465.6 billion) in 2020, increasing by 5.6 percent year-on-year. Exports were up 2.2 percent to reach €202.5 billion ($245.9 billion). At the same time, trade with the US – …