Energy economy

United States

Energy Major BP Aims to Double Convenience Earnings by 2030

Energy major bp recently unveiled a series of new initiatives for innovating the future of fuel and convenience stations in the US.

Energy Investment

Egypt's Petroleum Minister, Siemens Discuss Investment Opportunities in Oil, Gas Industry

Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla discussed on Thursday with CEO of Siemens Middle East Dietmar Siersdorfor investment opportu…

Thermal Coal

India Looks to Russia to Solve the Energy Crisis Moscow Created

​Can Russia rescue India from the high energy prices caused by Moscow's invasion of Ukraine?

Natural Gas

Energean Inks Gas Supply Deal with Largest Israeli Buyer

London-listed E&P company Energean has signed a gas supply agreement with the Israel Electric Company (IEC), the largest Israeli buyer of natural gas, marking a…

Energy Transition

Eni Sells 49% of Its Business Enipower

Oil and gas company Eni has announced it has agreed to sell a 49% stake in its power generation business unit Enipower.

Vietnam

Vietnam Seeks US Investment in Renewable Energy

Energy is among potential fields for investment cooperation between Vietnamese and US firms.

Crude Oil

Aramco Takes FID to Build Refinery and Petrochemical Complex in China

Saudi Arabian Oil Company (Aramco) has taken the final investment decision (FID) to develop a refinery and petrochemical complex in China, in partnership with N…

Energy Investment

China Considers Stake Acquisitions in Russian Energy Firms

China is in negotiations with firms including China National Petroleum, and China Petrochemical.

CNOOC

Chinese Partner Paying over $2 bln to Petrobras for More Interest in Brazilian Field

Chinese oil and gas company CNOOC has sealed a deal with the Brazilian giant Petrobras, which will allow it to acquire an additional interest in the Búzios fie…

Saudi Arabia

Saudi Arabia Signs Power Purchase Agreements for Solar Projects Worth $665m

​Saudi Arabia has awarded contracts for two new solar projects with a combined capacity of one gigawatt as the kingdom continues to add renewable energy to its…

SINOPEC

Saudi Aramco Signs Agreement with China’s Sinopec for Potential Downstream Collaboration

World’s largest oil exporting company aims to expand its operations in China.

Electric Car

U.S. Clean Energy Investments Topped $100b in 2021

A record-breaking $105 billion was invested into U.S. clean energy assets in 2021, according to market analysis.

Rooftop PV System

France Announces 52 Winners in Rooftop Solar Tender

France’s first tender for commercial and industrial (C&I) rooftop solar systems under the country’s PPE2 multi-year energy procurement programme has resulted …

Indonesia

BW Offshore Wins Extension Deal for Sold FPSO

BW Offshore informed on Wednesday it had received a one-year contract extension for the lease and operation of the FPSO BW Joko Tole.

Wind Farm

CPP Investments Supports Renewable Power Capital’s New Investments in European Onshore Renewables

Renewable Power Capital (RPC) entering the Swedish market with 100% acquisition of onshore wind farm from OX2