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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
Energy Investment
23-11-2023
Global Financial Institutions Jump at Chance to Boost China Presence
Many global financial institutions have been briskly stepping up investments and increasing their presence in China this year, as the country's brightened economic outlook and steady opening up are offering more opportunities, despite a sluggish g
Energy Investment
09-11-2023
China's Further Opening-Up, Innovations Boost Global Recovery
Exhibitors display fruits from Thailand during the 20th China-ASEAN Expo at Nanning International Convention and Exhibition Center in Nanning, capital of south China's Guangxi Zhuang Autonomous Region, Sept. 17, 2023. [Photo/Xinhua]World governmen
Energy Investment
09-11-2023
Central Bank Governor Confident in China to Meet 2023 Growth Target
China's central bank governor on Wednesday said the country will achieve its 5-percent growth target this year as there has been stronger economic momentum recently, with recovering production and consumption, stable employment, and improving pric
Energy Investment
06-11-2023
Int'l Financial Institutions Upbeat on China's Economic Outlook
Following the release of China economic data for the first three quarters, with third-quarter performance surpassing market expectations, a number of international financial institutions have expressed optimism on China's growth outlook for 2023,
Energy Investment
06-11-2023
China's Import Expo Earns Global Recognition for Promoting Development and Cooperation
This photo taken on Nov. 3, 2023 shows a city view of Shanghai at sunrise. (Xinhua/Wang Xiang)As China has proven, opening up is not just about removing trade barriers or encouraging investment; it is about opening minds to new ideas and hearts to cultura
Renewable Energy
31-10-2023
Redex Group Raises $10M Series a Funding Led by Aramco Ventures
SINGAPORE, Oct 31, 2023 - (ACN Newswire) - REDEX, Asia’s leading Renewable Energy Certificates (RECs) solutions provider, announced today the successful completion of a USD 10 million Series A funding round.REDEX’s mission is to accele
Oil & Gas Trade
31-10-2023
Petrochina posts record $6.3 bln quarterly income on higher output, fuel sales
Model of petrol pump is seen in front of PetroChina logo in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsAsia's largest oil and gas producer PetroChina Co Ltd reported 21% year-on-year growth in t
Energy Investment
31-10-2023
Aramco ventures leads $10 mln investment in Asia renewable service provider redex
Singapore-based renewable energy certificate (REC) service provider REDEX said on Tuesday it has raised $10 million from investors led by Aramco Ventures, a subsidiary of Saudi Aramco (2222.SE), to fund its expansion beyond Asia.Other new investors in RED
Energy Investment
30-10-2023
Renewable Energy Recruiter Sheffield Green Slides on Catalist Debut, Opens at 21.5 Cents
Sheffield Green expects jobs in the wind energy sector to triple by 2030. PHOTO: REUTERSShares of renewable energy recruiter Sheffield Green commenced trading on the Catalist board on Monday at 21.5 cents a share, sliding by more than 16 per cent from the
Energy Investment
30-10-2023
Chinese Economy to Grow 5.2 Pct in 2023: IFF Report
Photo taken on Oct. 3, 2022 shows the view of skyscrapers of the Central Business District (CBD) at dusk in Beijing, capital of China. (Xinhua/Wang Jianhua)China's gross domestic product (GDP) is expected to grow 5.2 percent in 2023 and 5 percent
Energy Investment
30-10-2023
Global Business Cycle Is in Transition
Containers and trucks are seen following a snowfall at the port of Qingdao, Shandong province, China February 14, 2019. REUTERS/Stringer/File photo Acquire Licensing RightsGlobal economic activity was mixed during the third quarter of 2023, with distinct
Energy Investment
24-10-2023
In Northeast China, Russian and Chinese Firms Ink Deals From Manufacturing to Agriculture
Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping during a meeting at the Belt and Road Forum in Beijing, China, October 18, 2023. Sputnik/Sergei Guneev/Pool via REUTERS/File Photo Acquire Licensing RightsChinese and Russian
Energy Investment
19-10-2023
China's Economy Harvests Prosperity in Golden Autumn
This photo taken on Oct 15, 2023 shows a floral decoration at Xidan area in Beijing, capital of China. [Photo/Xinhua]China's economy is enjoying a bountiful golden autumn in October with a stable positive trend boosting confidence across sectors,
Energy Investment
19-10-2023
President Xi Sends Congratulatory Letter to Fifth China-Russia Energy Business Forum
Chinese President Xi Jinping on Thursday sent a congratulatory letter to the fifth China-Russia Energy Business Forum.Xi said that thanks to the joint efforts of China and Russia over the years, energy cooperation between the two countries has formed a pa
Energy Investment
19-10-2023
Wall Street, Global Financial Institutions Upgrade China's 2023 Economic Forecasts
A Wall Street sign is seen in front of the New York Stock Exchange in New York, the United States, on March 13, 2023. [Photo/Xinhua]Global financial institutions, including JP Morgan, Citigroup and UBS, on Wednesday raised their 2023 growth forecasts for
Oil Price
04-09-2023
Iraq's Oil Revenues in Europe Reach $11 Billion in 2023
Shafaq News / Iraq has seen a substantial boost in its oil revenues to Europe since the beginning of the current year 2023, with figures reaching approximately $11 billion by the end of August.According to a report from the Energy Agency, obtained by Shaf
Energy Investment
16-08-2023
Wall Street, Oil Slide as Investors Eye Rates, China Economy
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 24, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsU.S. stocks fell and oil slid over 1% on Tuesday as investors renewed fresh concerns over wh
Energy Investment
16-08-2023
Oil Drops Over 1% On Worries About Chinese Economy
A VLCC oil tanker is seen at a crude oil terminal in Ningbo Zhoushan port, Zhejiang province, China May 16, 2017. Picture taken May 16, 2017. REUTERS/Stringer /File Photo Acquire Licensing RightsOil prices fell over 1% on Tuesday on sluggish Chinese econo
Energy Investment
16-08-2023
Brazil's Petrobras Hikes Fuel Prices After 'Abrupt' Global Spike
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/ Acquire Licensing RightsBrazilian state-run oil company Petrobras (PETR4.SA) will raise gasoline an
Oil Price
17-07-2023
Iran Raises August Light Crude Price to Asia - Source
Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at $3.15 a barrel above the Oman/Dubai average for August, an industry source with knowledge of the matter said on Monday.The June price is up 15 cents fro
Crude Oil
06-06-2023
Matahio Energy completes acquisition of onshore assets in New Zealand
TARANAKI, New Zealand, June 6, 2023 - (ACN Newswire) - Matahio Energy has completed the acquisition of a portfolio of six onshore oil and gas licenses in the Taranaki Basin, North Island, New Zealand.Matahio will be the operator of these licenses, holding
Energy Investment
02-06-2023
Transtech, a Bridge Industries LLC Portfolio Company, Announces Acquisition of Metalforms Ltd.
Acquisition to Drive Bridge Portfolio Company's Growth, Advance StrategyCLEVELAND, June 1, 2023 /PRNewswire/ -- Bridge Industries LLC ("Bridge"), through its newly formed subsidiary Metalforms LLC, announces its strategic acquisition of
Offshore Wind Power
31-05-2023
Offshore Wind Giants Target Australian Tender
Consortia led by Aker Horizons-owned Mainstream Renewable Power and Belgian developer Parkwind have applied for feasibility licences for Australia’s first offshore wind zone in the Bass Strait off the state of Victoria.Mainstream, Parkwind and o
Pumped Storage
24-05-2023
Indian Utility Launches 13.8 GW Pumped Storage Tender
Rewa Ultra Mega Solar has launched a tender to allocate sites to develop 13.8 GW of cumulative pumped hydro storage capacity in the Indian state of Madhya Pradesh. Prospective developers must submit their bids by July 4.Image: PlayMistyForMe, Wikimedia Co
Hydropower Plant
19-05-2023
First Gen Subsidiary Wins Bid for Casecnan Hydropower Plant
The 165MW hydroelectric power plant is located in Nueva Ecija.Fresh River Lakes Corporation, a wholly-owned subsidiary of First Gen Corporation has won the bid for the Casecnan Hydroelectric Power Plant in Nueva Ecija following the offering of the highest
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