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Energy
Venezuelan oil exports drop by 38% in April
Venezuelan oil exports experienced a significant drop of 38 per cent in April, as tanker owners and clients…
India resumes purchasing Russian crude oil
Indian Oil Corp. resumed its purchase of Russian crude oil transported via a tanker owned by Sovcomflot PJSC this…
US LNG exports continues decline in April – LSEG
US LNG exports experienced their fourth consecutive decline in April, dropping to 6.19 million metric tons from…
Norway’s Scatec to build $5.7b wind farm in Egypt
Scatec, a Norwegian energy company, is moving forward with a wind power plant project in the West Sohag region…
Shell makes exit from China’s power market businesses – CEO
Shell has exited China's power markets as CEO Wael Sawan steers towards more profitable ventures, notably its…
Microsoft, Brookfield team up for renewable energy projects
Brookfield Asset Management of Canada, with support from Microsoft, is planning to establish new wind and solar…
Australia greenlights offshore wind feasibility licences
Australia has approved on Wednesday six projects to explore the potential of constructing offshore wind farms along…
S. Arabia mulls crude price hike to Asia
Saudi Arabia, the leading exporter of oil, is contemplating raising prices for most of its crude grades sold to…
China boosts energy storage for green goals
China’s energy storage capacity has seen a significant expansion in Q1 as part of the country’s green energy…
Namibia’s NAMCOR inks development deal with Chevron
Namibia's state-owned oil NAMCOR has inked a development agreement with Chevron, wherein the American energy giant…
