Miner BHP holds on to iron production guidance despite coronavirus

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Miner BHP holds on to iron production guidance despite coronavirus

Mining giant BHP has maintained its production guidance for iron, coal and petroleum for 2020 despite the ongoing economic shutdown caused by coronavirus. However, the firm said that it expected to see double-digit contraction outside of China could …
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Australia to Suffer a 'Once in a Century' Economic Contraction: Central Bank Governor

SYDNEY — Australia will suffer its biggest economic contraction since the 1930s in the first half of this year due to containment measures to curb the spread of the coronavirus, its central bank governor said on Tuesday. Describing the contraction as a “once in …
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The Story Behind #ElonMuskDay

April 20th, 2020 by Guest Contributor. Originally published on EV Annex. By Charles Morris. Nowadays, there’s a commemoration on the calendar for just about anything you can think of — from important observances such as Earth Day (April 22) and National …
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Marathon Oil CEO: Regulators should stand down and let free markets handle the oil price crash

Marathon Oil stands firmly opposed to the petition to prorate domestic oil and gas production in Texas. We do not believe proration in Texas, that is, requiring a broad reduction in oil production, will have the desired effect — or any meaningful effect — on …
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Daimler teams up with Volvo Trucks in fuel cell venture

FRANKFURT (Reuters) – Daimler and Volvo Trucks have agreed to join forces to develop, produce and sell fuel cell systems for heavy-duty vehicles, in a sign that the coronavirus crisis is accelerating consolidation. Global car and truck makers are exploring …
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