According to Reuters, five sources from ConocoPhillips revealed that the company will lay off 20% to 25% of its workforce. Based on its current global workforce, this means 2,600 to 3,250 employees are at risk of losing their jobs. Following the a

1. Overnight Crude Oil Market Dynamics American BusinessCrude oil inventoryGrowth, coupled with market concerns that OPEC+ may initiate a new production increase plan, led to a decline in international oil prices. NYMEXCrude Oil FuturesThe October co

Conclusion:The U.S. transportation fuel market is undergoing profound structural changes, characterized by three major trends: slowing demand growth, improved energy efficiency, and fuel substitution. More than five years after the pandemic, demand f

1. Crude Oil Market Dynamics On September 2nd, the ongoing Russia-Ukraine conflict has brought potential supply risks, coupled with the continuation of U.S. sanctions on certain oil-producing countries, leading to an increase in international oil pri

The solemn moment of the September 3rd military parade is about to begin with a stunning impact. On this world-renowned reviewing ground, China will showcase its great power and military prowess with overwhelming momentum. As the neatly aligned forma

1. OPEC+ or Emergency Brake! This Week Marks the First Pause After the Production Increase Surge? OPEC+ may pause production increases this week, ending several consecutive months of supply restoration. Despite steady demand, the IEA warns of an incr

Introduction: Oil prices face a "double hit"! Analysts warn: on one side, OPEC+ increases production; on the other, tariffs suppress demand, leaving oil prices with little upward momentum... A survey released by Reuters on Friday shows that due t

1. Overnight Crude Oil Market Dynamics On August 28: The instability of the Russia-Ukraine situation persists, coupled with the remaining benefits of the U.S. traditional fuel consumption peak season, leading to a rise in international oil prices. NY

Plastic recycling company Plastic Energy has announced that, together with Saudi Basic Industries Corporation (SABIC), it has successfully produced the first batch of Tacoil—a type of pyrolysis oil—at their joint venture plant in Geleen, the Netherla

The "Three Oil Giants" earned a net profit of 175 billion yuan in the first half of the year, with a decrease of over 29 billion yuan! With the release of its semi-annual report on August 27 by CNOOC (600938.SH/00883.HK), all three major state-owned

The first half of 2025，The cracking spread in North America (represented by the United States) shows​​Overall fluctuating upward​​The trend reflects that the profit margin of refineries is gradually expanding. ​​1-7 Three main refined oil products(Ga

Cleanfarms, Canada’s agricultural plastics recycling organization, recently released data showing that in 2024, it assisted in the collection of over 10,000 tonnes of agricultural plastic waste, representing an increase of nearly 10% compared to 2023

Retired batteries are "encircling the city," with an annual retirement volume of over one million tons looming on the horizon. The data shows that from 2018 to 2020, China's new energy vehicle market added approximately 4 million units.Power batteryB

Recently, the all-new MG4 was officially listed in the Ministry of Industry and Information Technology's new vehicle announcement, including the all-new MG4 semi-solid-state battery version. This version solves the technical bottleneck of battery per

On August 20th, it was announced that Tesla China's brand new Model Y L model was launched yesterday, with an official starting price of 339,000 yuan and expected delivery in September 2025. Today, in response to a question from a netizen, Musk state

As the automotive industry moves toward green and low-carbon development, "recycled materials + exterior components"It is gradually becoming an important development path. As a commonly overlooked accessory in vehicles, running boards not only enhanc

8In mid-month, the meeting between Putin and Trump in Alaska broke the silence of direct dialogue between the U.S. and Russian leaders since the outbreak of the Russia-Ukraine conflict. As a result, international oil prices have continuously declined

On August 20, Zhuansu Shijie reported that the Cleveland Browns and PureCycle Technologies announced a deep partnership to recycle polypropylene plastic waste generated by fans during games and use it to produce fan souvenir cups made from 100% recyc

1. Overnight Crude Oil Market Update The Russia-Ukraine peace talks continue to send positive signals, the geopolitical situation is expected to further ease, and international oil prices have declined. NYMEXCrude Oil FuturesThe September contract fe

According to news on August 18, via the Beijing Yizhuang public account, the Beijing Benz Yizhuang plant will welcome...The production of the all-new pure electric CLAThis plant is one of the largest and most advanced production bases in Mercedes-Ben