Tag: crisis
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The energy crisis forces the largest chemical complex in the world to lay off 2,600 workers
The energy crisis, which hit Europe in 2022 against the backdrop of the Russian-Ukrainian war, cast a shadow over the world’s largest chemical complex. The German company, BASF, revealed a plan to cut 2,600 jobs and reduce production in Germany. Europe’s largest chemical producer is preparing for a future without cheap Russian gas, according to…
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The fuel crisis in Pakistan is flaring up…and the stations involved are pursued with deterrent measures
In an effort to control the fuel shortage crisis in Pakistan, the federal government has issued a package of new decisions that will tighten the state’s grip on manipulators of the country’s supplies of oil derivatives. The federal government directed the competent authorities and law enforcement officials in the country to arrest anyone who is…
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The US oil sector awaits a breakthrough in the complex permit crisis before the presidential elections (report)
The US oil sector hopes to resolve the complex bureaucratic permitting crisis that is hindering infrastructure work for new projects in the sector from launching during 2023, after years of unsuccessful pressure. Lobbyists in the oil and gas sector in the United States are exerting strong pressure on members of the US Congress to pass…
