Bill

United Kingdom
BP Profit Sinks As Epidemic Pummels Demand
On annual basis, BP sunk to a loss of $5.7 billion, its first in a decade after it wrote down the value of oil and gas assets by $6.5 billion as a result of sha…
Oil Price
OPEC Withheld 1.3 Billion Barrels Of Oil To Prop Up Prices
The Organization of Petroleum Exporting Countries withheld some 1.3 billion barrels of oil supply last year to keep prices from falling even further, the secret…
Electricity Transmission
Pakistan Inaugurates 113 kilometre Electricity Transmission Lines
Pakistan and Islamic Development Bank on Wednesday inaugurated 113 kilometre power transmission lines on its border along Afghanistan as the country aims to com…
General Electric Upbeat on 2021 after Profitable 2020
In the fourth quarter, GE reported $2.4 billion in profits, more than four times the level in the year-ago period, reflecting the benefits of cost-cutting initi…
Oil Field
Video: Tarim Oilfield Supplies over 270 bln Cubic Meters Gas to East China
Tarim Oilfield in Xinjiang, NW China, has supplied over 270 billion cubic meters of natural gas to 15 provinces and regions via the country's West-to-East gas p…
Energy Investment
China's CEIC, China Reform set up $1.55 bln New Energy Fund
Upon launch, the fund is expected to generate about 50 billion yuan worth of financing in projects using wind, solar and hydrogen and energy storage, the State-…
Oil Pipeline
Biden May Cancel Keystone XL Pipeline Permit As Soon As His First Day in Office -Source
U.S. President-elect Joe Biden is planning to cancel the permit for the $9 billion Keystone XL pipeline project as one of his first acts in office, and perhaps …
Solar Power Plant
Engie, Neoen Building Subsidy-Free 1GW Solar Project with Storage, Electrolyser in France
Multinational utility Engie and renewables developer Neoen are to invest €1.2 billion in a large-scale solar-plus-storage project in south eastern France, whic…
Natural Gas
Gas Demand Surging Toward Record
Forecasts agree this year may see 6-8% rise to reach around 360 billion cubic meters of fuel.
Crude Oil
Iran Signs 8 more Oil Projects as Part of plan to Boost Output by 355,000 b/d
The National Iranian Oil Co. on Jan. 11 signed eight more oil projects as part of a $6.2 billion national program started in January 2019 to boost oil productio…
China
China's Geely, Baidu Announce Electric Car Ventures
Global and Chinese automakers have launched partnerships to share the multibillion-dollar costs of developing electric vehicles for China under government press…
Nuclear Power Plant
Russia’s Kursk-II on Schedule with RUB25bn Invested in 2020
More than RUB25 billion was invested in the construction of Russia’s Kursk-II NPP in 2020.
Electric Car
Tesla Market Value Tops $700 bn for First Time
Electric carmaker Tesla closed trading on Wednesday with a market value topping $700 billion for the first time.
Hydrogen Technology
Microwaving Plastic Waste Can Generate Clean Hydrogen
Plastic waste is a massive global problem, with 4.9 billion tons of it currently sitting in our oceans, beaches, waterways, and landfills, where it is polluting…
Energy Investment
China's Investment in Countries Along the Belt and Road Increased by 24.9%
According to data released by the Ministry of Commerce of China, from January to November 2020, China's foreign non-financial direct investment was 659.36 billi…

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Bill

BP Profit Sinks As Epidemic Pummels Demand

OPEC Withheld 1.3 Billion Barrels Of Oil To Prop Up Prices

Pakistan Inaugurates 113 kilometre Electricity Transmission Lines

General Electric Upbeat on 2021 after Profitable 2020

Video: Tarim Oilfield Supplies over 270 bln Cubic Meters Gas to East China

China's CEIC, China Reform set up $1.55 bln New Energy Fund

Biden May Cancel Keystone XL Pipeline Permit As Soon As His First Day in Office -Source

Engie, Neoen Building Subsidy-Free 1GW Solar Project with Storage, Electrolyser in France

Gas Demand Surging Toward Record

Iran Signs 8 more Oil Projects as Part of plan to Boost Output by 355,000 b/d

China's Geely, Baidu Announce Electric Car Ventures

Russia’s Kursk-II on Schedule with RUB25bn Invested in 2020

Tesla Market Value Tops $700 bn for First Time

Microwaving Plastic Waste Can Generate Clean Hydrogen

China's Investment in Countries Along the Belt and Road Increased by 24.9%