Photos: Lifeboat Survival Tests Above the Arctic Circle
As of January 1, the IMO Polar Code requires that for each journey in the polar region, a risk analysis must be undertaken to assess and mitigate potential hazards, proving compliance with the code.
OPEC Deal Tests Oil Majors’ Appetite for Risk and Reward
OPEC’s deal to cut production and boost prices gives oil companies the opportunity to shake off two years of layoffs and slumping profits to start investing again — if they still have the risk appetite.
Fitch: Lack of Distillate Uplift Tests US Refiner Profitability
An oversupplied distillates market will continue to weigh on overall US refiner profitability, according to Fitch Ratings. The absence of winter heating demand has increased the importance of the driving season and gasoline margins to maintain refiner mom
China Factory-Output Slump Tests Premier Li’s Resolve
China’s industrial output rose at the weakest pace since the global financial crisis and fixed-asset...