Just as South Korea was enjoying global attention thanks to Parasite sweeping the movie world off its feet in this year’s Oscars, the sudden coronavirus outbreak has put the country under a very different kind of spotlight.
As the petroleum industry gathers in London for its annual IP Week jamboree, it seems assailed on several fronts along its planning horizon: economic downturn and coronavirus in the short-term; consolidation and slower supply growth from US shale in the medium-term; and...
The coronavirus epidemic’s effect on energy consumption in China, the world’s top crude importer, is unprecedented. About a third of the country’s total refining capacity is down at a time when oil markets were already oversupplied.
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