• 3 minutes "Biden Is Running U.S. Energy Security Into The Ground" by Irina Slav
  • 6 minutes How Far Have We Really Gotten With Alternative Energy
  • 9 minutes "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 18 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 10 days 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 8 days Energy Armageddon
  • 14 hours "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 24 mins Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 4 days "Forget Oil, The Real Crisis Is Diesel Inventories: The US Has Just 25 Days Left" by Zero Hedge - 5 Stars *****
  • 4 days "The Global Digital ID Prison" by James Corbett of CorbettReport.com
  • 4 days "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 2 days Is Europe heading for winter of discontent with extensive gas shortages?
  • 4 days The Federal Reserve and Money...Aspects which are not widely known
  • 5 days Goldman Betting on Cryptocurrencies
  • 9 days Сryptocurrency predictions
  • 13 days Putin and Xi Bet on the Global South

Breaking News:

Oil Prices Jump On Major Crude Draw

Next Week Will Be Critical For Oil Markets

Next Week Will Be Critical For Oil Markets

The next few days will…

Canadian Banks Slammed For Continued Fossil Fuel Investments

Canadian Banks Slammed For Continued Fossil Fuel Investments

Investors are levying strong critiques…

Sinopec Sends London Staff On Home Office On Coronavirus Scare

Unipec, the oil trading unit of Asia’s largest refiner China Petroleum & Chemical Corporation, or Sinopec, has sent its London staff to work from home after an employee showed coronavirus-like symptoms, a source with knowledge of the matter told Reuters on Monday.   

Unipec’s staff working in London were “asked to stay home until more is known as a precaution,” the source told Reuters.  

The London office of Unipec has around 70 employees, including 11 traders, according to Bloomberg, which quotes a Companies House filing.

This is the second such ‘work from home’ request from an oil firm in two weeks, after U.S. supermajor Chevron told last week its 300 employees in London’s Canary Wharf business district to work from home after an employee reported flu symptoms after returning from a trip.

Chevron had sent staff to work from home as a precautionary measure to reduce the risk of potential exposure to the coronavirus, the U.S. supermajor said early last week.

Later in the week, Chevron said on Saturday that the employee had tested negative for coronavirus. The U.S. oil giant is working on a plan to have the staff return to work from office, it said two days ago.  

As of Sunday morning, a total of 11,750 people have been tested in the UK, of which 11,715 were confirmed negative and 35 positive for coronavirus, the UK government said.

The authorities in the UK advise returning travelers to self-isolate and avoid contact with other people if they had recently traveled to China and other countries in Asia to northern Italy or to Iran.

Scotland reported its first case of coronavirus on Monday, while Public Health England (PHE) said that widespread transmission of the infection in the UK was “highly likely.”

As of Monday, more than 60 countries had reported coronavirus cases and the markets, including the oil market, fear a significant slowdown in economic activity and global oil demand growth.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News