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Tag: capacity

Risk from Climate Change

Risk from Climate Change The World Bank: 1.2 billion people face life-changing risks through exposure to at least one critical climate hazard, such as heatwaves, flooding, hurricanes, and drought. However, a new report from the World Bank Group outlines how faster development and sustainable economic growth can reduce climate change-related economic and quality of life losses. The report, “Rising to the Challenge: Success Stories and Strategies for...

Gold Trades Cautiously Amid Labor Data and Gaza Talks

Gold Trades Cautiously Amid Labor Data and Gaza Talks Written by Samer Hasn, Senior Market Analyst at XS.com Gold is trading modestly today compared to this week with a downward trend and is settling near $2,727 per ounce. Gold’s moves come after better-than-expected US data eased economic uncertainty, while focus returned to the Gaza ceasefire negotiations, which could help de-escalate regional tensions. Between today and yesterday, we saw unexpected...
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US drives North America’s refining industry to reach 25.8 mmbd by 2024

US drives North America’s refining industry to reach 25.8 mmbd by 2024 The US is expected to lead the refining industry in North America, pushing...

Renewables Account for Almost Three Quarters of New Capacity in 2019

Renewables Account for Almost Three Quarters of New Capacity in 2019 The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019,...

Saudi Aramco tightens capital expenditure

Saudi Aramco tightens capital expenditure Saudi Aramco plans to reduce its investment plans after oil prices crashed due to a slump in demand as a...