Latest: Energy News
Kuwait signed a deal with Saudi Arabia to develop the Durra field, which is expected to produce 1 billion standard cubic feet per day of gas and 84,000 barrels per day of condensates
A rare positive report from J Capital said Firefinch's main assets - the Goulamina project in Mali in West Africa – were significantly undervalued because of 'political risk'.
Senior Indonesian officials had said earlier that the Elon Musk-headed company was keen on setting up a plant to manufacture energy storage systems
The two 1,000-KV projects will respectively link the eastern cities of Fuzhou and Xiamen, and the central cities of Zhumadian and Wuhan.
Japanese trading house Mitsui has agreed to invest 575 million euros ($631 million) for a 27.5% stake in Mainstream Renewable Power, a company controlled by Norway's Aker Horizons
People from Tiwi Islands and Larrakia Traditional Owners seek injunction from Seoul Central District Court to block loans to deep-sea pipeline planned off northern Australia
The company posted a profit attributable to shareholders of A$330.4 million ($244.23 million) for the six months ended January 31, compared with a loss of A$55.4 million a year earlier
The milestone included gains in engineering products, apparel and garments, gems and jewellery and petroleum products
Flush with cash from recent, record-breaking IPO, LG plans investments across the US to expand EV battery production.
Hyundai Heavy Industries said proceeds from the green-bond sale would be used to finance eco-friendly vessels and set up sustainable growth based on ESG management
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Energy: The Big Picture
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to WorkMining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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Energy InsightsWhat is China’s Tokamak Fusion Reactor?The goal of the Experimental Advanced Superconducting Tokamak project is to unlock the secret to clean and limitless energy on earth, with minimal waste products
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Energy InsightsDoes US Warning to India Point to More Russian Oil Restrictions?The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
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Market InsightsKazakhstan Unrest Poses Risks for World EconomyHundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
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