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Energy
US mulls investment in Poland’s 1st nuclear plant
The US International Development Finance Corporation (US DFC) is considering an investment of over 4 billion zlotys…
S.Arabia launches carbon market to fund climate projects
Saudi Arabia has taken a significant step towards addressing climate change by launching a carbon trading market.
Norway takes control of key gas infrastructure
The Norwegian Ministry of Energy has successfully concluded agreements with seven companies to acquire key parts of…
OPEC cuts ’24 global oil demand forecast
The Organisation of the Petroleum Exporting Countries (OPEC) lowered its forecast for global oil demand growth in…
Russia, India eye long-term oil supply pact
Russia and India have agreed to expedite the conclusion of a long-term intergovernmental agreement on Russian oil…
Nigeria signs $1.2b deal to revamp gas processing plant
Nigeria has taken a significant step towards reviving its dormant aluminium industry by signing a $1.2 billion…
European gas storage levels remain high
Gas withdrawal from European underground storage facilities has decreased slightly, but still surpasses the…
Nordic power prices fall on stronger hydro conditions
Nordic power prices declined sharply as rainy autumn weather bolstered hydro reserves across Scandinavia, improving…
Saudi, Vietnam sign energy co-operation deal
Saudi Aramco signed a Collaboration Framework Agreement with Vietnam Oil and Gas Group (Petrovietnam) to explore…
CNOOC signs deal to explore Iraq’s block 7
China’s CNOOC Ltd. has signed an Exploration, Development & Production Contract (EDPC) with Iraq's state-owned…