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Energy
Italy’s Saipem secures $3.7b Angola contracts
Saipem has secured contracts worth $3.7 billion with a subsidiary of TotalEnergies to undertake work on Angola's…
India’s Russian oil imports surge in April
India experienced a notable surge in its imports of Russian oil in April, reaching a nine-month peak.
France welcomes UAE investments in nuclear industry
France's finance minister expressed openness to United Arab Emirates (UAE) investments in its nuclear energy sector…
Asia’s LNG prices surge on summer demand
Asia's liquefied natural gas (LNG) prices surged to their highest level since late December, driven by robust…
Oil India beats Expectations, profits up
State-owned oil explorer Oil India announced a robust financial performance for the fourth quarter, buoyed by…
S. Arabia’s crude oil exports hit 9-m high – JODI
Saudi Arabia's crude oil exports hit a nine-month high, rising 1.5 per cent to 6.413 million barrels per day (bpd)…
ADNOC enters US gas market
The UAE's ADNOC has made its first investment in the United States by acquiring a share in NextDecade Corp.'s…
Kenya GDP grows by 5.6% in ’23
Kenya's economy expanded by 5.6 per cent in 2023, up from a revised 4.9 per cent in the previous year, according to…
Major offshore photovoltaic project underway in China
Construction of a significant offshore photovoltaic (PV) project commenced on Sunday in Lianyungang, eastern…
Asia’s PAG raises $550m for clean energy fund
Asia-Pacific investment firm PAG announced on Monday that it has raised $550 million for its first renewable energy…