MassiveIndustry

An effort to repair decades’ worth of infrastructure deterioration in the subway system has increased commutes for some, but others have sought to profit from the chaos.

Following Swiss gold import/export data this week it dawned on S&P Global Platts that there has been a glut of headlines this year suggesting that physical gold demand is on its knees.

(Fri, 24 Jun 2016) Azerbaijan is one of the world?s oldest oil producers, and oil and natural gas production and exports are central to Azerbaijan's economy. Azerbaijan?s oil production has been relatively stable over the last few years, but oil revenues declined about 40% from 2014 to 2015 due to lower oil prices. Natural gas production and exports will increase significantly in the coming years as the Stage 2 development of the Shah Deniz natural gas and condensate field will more than double Azerbaijan?s natural gas exports by the end of the decade.

(Thu, 23 Jun 2016) On June 26, the Panama Canal Authority, the body that operates the Panama Canal, will inaugurate a third set of locks, which will allow for the transit of larger ships. This is the first such expansion since the canal was completed in 1914.