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Oil set to snap two-week losing streak on China demand optimism

By Stephanie Kelly and Sudarshan Varadhan (Reuters) -Oil prices were set to snap a two-week losing streak despite trading marginally lower early on Friday, amid optimism about higher energy demand from top crude importer China and a weaker dollar. Brent futures dipped 17 cents, or 0.2%, to $75.50 a barrel by 0341 GMT, while U.S. West Texas Intermediate (WTI) crude dropped 16 cents, also 0.2%, to
United States New York Saudi Arabia Stephanie Kelly Sudarshan Varadhan Edward Moya
Source: msn.com

Petroleum Authority of Uganda Sets Conditions for Kingfisher Feeder Pipeline Contractors

The Petroleum Authority of Uganda (PAU) has established a set of conditions that must be met by contractors of the Kingfisher feeder pipeline before being granted an operational license to commence construction, News Vision reported.
Ernest Rubondo Alex Nyombi Luwero Industries Ltd Petroleum Authority Of Uganda China Offshore Oil Corporation Daqing Oilfield Construction Group

The fully electric Volvo EX30 SUV: a small car with big potential

Sometimes, first impressions can be misleading. Yes, the new Volvo EX30 is our smallest SUV to date. And yes, it comes at an attractive price. But it can have an oversized impact, representing one of our biggest business opportunities in the coming years. The Volvo EX30, available to order now in selected markets*, is a cornerstone of the strategic transformation we are on as a company. Already by mid-decade, we aim for half of our global sales volumes to consist of fully electric cars an...
Vastra Gotalands Lan South Carolina United States United Kingdom Jim Rowan Volvo Car Group

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Beijing to Baghdad: China's growing role in Iraq's energy sector

Chinese companies are well positioned to participate in Iraq’s efforts to expand its oil production capacity and develop domestic gas supplies, as they are actively engaged in various energy-related undertakings throughout the country. However, if indeed China’s strategy is, as some have suggested, to become the dominant player in Iraq’s economy, achieving that objective will likely prove difficult given Iraq’s challenging operating environment and contentious politics.
Saudi Arabia Naft Khana Al Basrah Al Qahirah United States Mustafa Al Kadhimi
Source: mei.edu

The fully electric Volvo EX30 small SUV takes city safety to a new level

It’s our smallest ever SUV, but the forthcoming, all-electric Volvo EX30 is big on safety, thanks to our 96 years of leadership and innovation in this area. We’re a leader in safety, always have been and always will be, and we will not lower our own bar for safety in the EX30 – it looks after both you and others in hectic urban environments.
United Kingdom Vastra Gotalands Lan South Carolina United States Volvo Car Group Safety Centre

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