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Oil & Gas Trade
Russia Plans to Pipe 35 Bcm of Gas to China via Kazakhstan, Tass Reports
Russia plans to send some 35 billion cubic metres (bcm) of natural gas per year to China via Kazakhstan, the TASS news agency reported on Saturday citing Kazakh…
Oil & Gas Trade
Shell Smashes Forecasts With $7.7 Billion Quarterly Profit
Shell (SHEL.L), opens new tab reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian re…
Oil & Gas Trade
Exxon Mobil Completes $60 Billion Deal for Pioneer Natural
A 3D printed natural gas pipeline is placed in front of displayed ExxonMobil logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/F…
Oil & Gas Trade
Occidental Explores Sale of Permian Assets Worth Over $1 Billion, Sources Say
The unstaffed lobby of the North Dakota regional headquarters of oil producer Occidental Petroleum Corp is seen in Dickinson, North Dakota in this October 14, 2…
Biofuel
Mubadala Capital Plans $13.5 Billion Biofuels Investment in Brazil, Financial Times Reports
Abu Dhabi's Mubadala Capital intends to invest about $13.5 billion on a major biofuels project in Brazil over the next decade, under broader plans for the c…
Offshore Wind Power
Romania Towards Energy Independence and Resilience
The Romanian Parliament adopts the country’s first Offshore Wind Energy Law.This bill comes at a time when the country needs to assert its energy independ…
Oil & Gas Trade
Diamondback Energy and Endeavor Receive Second FTC Request Over $26 Bln Deal
Oil and gas firm Diamondback Energy (FANG.O), opens new tab said on Monday it had received a second request from the U.S. Federal Trade Commission (FTC) in conn…
Oil & Gas Trade
Bulgarian State-Owned Gas Company Makes Big Losses Due to Contract With Turkey
The contract between Bulgargaz and BOTASH provides for the reservation of 1.85 billion cubic metres (bcm) per year of capacity from Turkish LNG terminals to the…
Oil & Gas Trade
Shell Earns $1 Billion a Year From US Crude Trading, Court Filing Shows
A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo Purchase Licensing RightsFinancial det…
LNG
Turkey in Talks With Exxonmobil Over Multibillion-Dollar Lng Deal, Ft Reports
Logos of ExxonMobil are seen in its booth at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan April 4, 2017. REUTERS/Toru Hanai/ File…
Electric Vehicles
Toyota Investing $1.4b in Indiana to Prepare for Assembly of New Three-Row Electric SUV and Battery Pack Assembly
Toyota will prepare for assembly of an all-new, three-row battery-electric SUV in the US as part of a new $1.4-billion investment in its Princeton, Indiana faci…
Renewable Energy
Iberdrola and Norges Bank Investment Management Conclude Negotiations to Expand Alliance to 2,500 MW of Renewables in Iberia
Following the conclusion of negotiations, the companies add a further 644 MW into their alliance and are now developing approximately 2,500 MW of renewables in …
Coal-Fired Power Plants
Czech Billionaire Kretinsky's Energy Assets Make $7.8 Bln Core Profit in 2023
Czech businessman Daniel Kretinsky speaks at a conference in Prague, Czech Republic, October 17, 2023. REUTERS/David W Cerny/ File photo Purchase Licensing Righ…
Solar Power Plant
Illinois Rural Electric Co-op Customers Seek Clarity, Consistency From 'Solar Bill of Rights'
(A solar array in rural Illinois. Credit: Joseph Gage / Creative Commons )by Kari Lydersen, Energy News NetworkAn Illinois bill that started as a protection for…
Hydro Generator Unit
Hitachi Energy announces $1.5 billion investment to boost global transformer production by 2027
In a bid to meet the surging global demand for transformers and bolster electrification efforts worldwide, Hitachi Energy unveiled plans to inject over $1.5 bil…
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