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Energy
Aramco mulls 10% stake in China’s Hengli Petrochemical
Saudi Aramco is in talks with Hengli Group Co., Ltd. about potentially acquiring a 10 per cent stake in the Chinse…
Biden announces $7b in grants for solar projects on Earth Day
President Joe Biden marked Earth Day with a major announcement pledging $7 billion in federal grants for…
Oman LNG, TotalEnergies ink supply deal
Oman LNG and TotalEnergies, a significant shareholder, have inked a deal for the supply of 800,000 metric tons per…
Oil drops as tensions in Middle East eased, leading to decline in market premiums
Oil prices dropped as tensions in the Middle East eased, leading to a decline in market premiums.
West wrong on China’s clean energy ‘overcapacity’ – Bloomberg
The West’s concerns over China’s “overcapacity” in clean energy are misplaced, according to a recent Bloomberg…
Ukraine to resume limited power exports on Sunday
Ukraine is set to restart limited electricity exports this Sunday, according to the country’s energy ministry,…
Mexico’s Pemex agrees to transfer control of gas project to Grupo Carso
Mexican state oil firm Pemex has reached an agreement to transfer control of its Lakach natural gas project in the…
Nigeria, Shell $3.8b methanol project advances
Nigeria has reached an agreement with Shell for the supply of gas to its proposed $3.8 billion Brass methanol…
Expired US license impacts Venezuela crude exports
The recent revocation of a crucial US license permitting Venezuela to export oil globally and attract investment is…
European chemical industry braces for significant change
The European chemicals sector is bracing for a period of significant change, caught between the headwinds of…