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Energy
China’s daily crude oil imports low in July
China's daily crude oil imports in July hit their lowest point since September 2022 due to weak processing margins…
Indonesia’s Geo Energy signs $150mn contract for coal project
Indonesian coal producer Geo Energy has inked a $150 million deal for the construction and development of a…
Libyan oil production curtailed by protests at Sharara field
Libya's National Oil Corporation (NOC) announced on Tuesday that it is gradually reducing production from the…
US DOE funds $2.2b grid overhaul to combat climate change
The US Department of Energy (DOE) announced a $2.2 billion investment in the nation's grid for eight projects…
EBRD, France’s Proparco finance solar projects in Tunisia
The European Bank for Reconstruction and Development (EBRD) and the French development agency Proparco are…
Canada mulls tariffs on Chinese EV imports
Canada is considering imposing tariffs on Chinese electric vehicle (EV) imports, with support from General Motors…
Saudi Aramco profit falls 3.4% in Q2 ’24
Saudi Arabia's state oil producer Aramco reported a 3.4 per cent decline in second-quarter net income on Tuesday.
ADB approves $21m grant for Tajikistan hydropower upgrade
The Asian Development Bank (ADB) announced on Tuesday that it has approved an additional grant of $21 million to…
New Zealand ditches clean, green policies for economic lifeline
New Zealand’s reputation as a global environmental leader is under threat as the government prioritises economic…
S. Arabia raises crude price for Asia
Saudi Arabia has increased the September price of Arab Light crude for Asia by $0.20 a barrel, the first rise in…