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Energy
Indonesia foresees 29% surge in oil, gas investments in ’24
Indonesia foresees a 29 per cent surge in oil and gas investments for 2024, driven by intensified drilling and…
Japan’s JERA commits $32.4b to green energy, fuels
Japan's leading power utility, JERA, will invest 5 trillion yen ($32.4 billion) over the next decade in renewable…
Philippines sustains EV boost with extended zero tariff
The Philippines has extended its zero-tariff policy on electric vehicles (EVs) and their parts until 2028, aimed at…
PetroChina forecasts record LNG imports in ’24
China's LNG imports are poised to hit unprecedented levels in 2024, according to a projection by a PetroChina…
IEA trims global oil demand outlook
The International Energy Agency (IEA) reported a softening outlook for global oil demand growth this year,…
Africa to receive $550m Vitol clean cooking investment
Vitol, along with its subsidiary Vivo Energy, plans to allocate over $550 million by 2030 towards developing…
URGENT: OPEC+ 24-25 oil demand forecast unchanged
OPEC+ maintains oil movement forecast for 2024/2025 from last month, as per the group's monthly report released on…
Indonesia kicks off 1st oil, gas auction
Indonesia kicked off its maiden oil and gas auction this year, unveiling five blocks on Tuesday in a bid to…
China’s Sinohydro discusses building $180m power transfer in Uganda
Uganda is in talks with Sinohydro Corporation Limited to establish a $180 million power transmission line to supply…
Angola to boost offshore production incentives
Angola's President Joao Lourenco is poised to greenlight a law by June, introducing fresh incentives to foster…
