Business
Wait times for Hitachi Energy transformers hit more than 30 months
Energy US energy demand surges on data centers, factories, renewables and EV charging Transformers are crucial for power grids to adapt voltage. (Screenshot from Hitachi Energy website) HOUSTON, Texas — Surging energy demand in the U.S. has pushed lead times for large power transformers to more than 30 months, according to the world’s biggest transformer […]
China oil demand to approach peak this year, CNOOC economist says
Energy Middle East crisis may accelerate shift in world’s largest crude importer A child walks along a hiking trail near oil storage facilities of China National Offshore Oil Corp.’s Ningbo Daxie Petrochemical in China’s Zhejiang province on March 21. © Reuters HOUSTON, Texas — Chinese oil consumption could peak considerably sooner than projected, the head of a major […]
BTS live comeback rocks Netflix charts but falls short on Seoul’s streets
BTS pose for photographs upon arrival for their concert in central Seoul on March 21. © Reuters SEOUL — The highly anticipated comeback concert by K-pop superstars BTS topped the weekly Netflix chart for non-English shows, the streamer said Wednesday, though attendance at the outdoor concert in Seoul was far below official predictions.
Bahrain calls for tougher measures to protect Strait of Hormuz
Bahrain has put forward a draft UN Security Council resolution that would authorise countries to use “all necessary means” – diplomatic language for force – to protect commercial shipping in and around the Strait of Hormuz, according to a text seen by Reuters on Monday. Internal Pages – Super (728×90) – Position 14 Diplomats said […]