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Energy
US solar firms ink ‘Made in USA’ panel deal
Two minor solar manufacturers announced On Wednesday, a collaboration to produce panels will allow their clients,…
Egypt pays 20% of oil firm FX dues – PM
Mostafa Madbouly emphasised the state's commitment to taking intensive steps to resolve dues owed to foreign…
Oil declines in early Wednesday trade
Oil declined on Wednesday due to reports of a surge in crude stockpiles in the US, and indications that major…
Russia turns to Oman’s coasts for ship-to-ship oil transfer
Ship-to-ship transfers of Russian oil bound for India are increasing off the coast of Oman as the US intensifies…
Europe’s clean energy hits 60% in early 2024
Europe hit a new milestone in clean energy usage, with 60 per cent of its electricity coming from renewable sources…
Foreign firms in Kurdistan responsible for oil delay – minister
Iraq's oil ministry said that foreign firms in Iraqi Kurdistan responsible of the delay in resuming crude exports…
Oil prices up amid tensions, supply concern
Oil prices saw an uptick in early Asian trading on Monday due to worries about a tightening global supply,…
Sinopec reports 9.9% profit fall in ’23
China Petroleum & Chemical Corp., Sinopec, announced a 9.9 per cent decrease in net profit for 2023 on Sunday,…
Iraq-Turkey oil pipeline remains shut amid legal, financial challenges
A year after the Iraq-Turkey oil pipeline closure, which previously handled about 0.5 per cent of global oil…
China launches Bangladesh’s first wind energy project
Chinese enterprises pioneered the first centralised wind power project in Bangladesh, which was fully put into…
