News & Analytic Centre

Nippon Steel to Boost RD Spending to Hasten Decarbonisation

Nippon Steel, the worlds No.3 steelmaker, will boost research and development RD spending to speed decarbonisation in steelmaking as it faces growing pressure to cut carbon emissions to help tackle climate change, a company executive said. We will input considerable resource into RD on decarbonisation technology, Executive Vice President Katsuhiro Miyamoto told Reuters in an […]
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Oil Optimism Unwinding Markets Mad Dash for Storage

When the world economy slammed on the brakes last year, there was a rush to store a wave of unwanted crude and products, but rising prices and optimism about demand is spurring a swift unwinding of storage contracts. At the end of February, the volume of refined products held on stationary tankers for over 10 […]
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