Economy

Petronas Posts Nine-Months Loss
Malaysian energy giant Petronas posted a loss for the nine months of 2020.
Energy Investment
Repsol to Invest €5.5bn in Low Ccarbon Generation
Oil and gas player unveils spending as part of ‘strategic plan to accelerate energy transition’.
India
India’s Renewable Power Capacity is the Fourth Largest in the World, Says PM Modi
He added that by 2022, the share of renewable capacity will increase to over 220 GW
China
China Hits 26 per cent of 2020 Target for U.S. Energy Imports under Trade Deal
China has accelerated imports of crude oil, propane and liquefied natural gas from the United States since July.
Hydrogen Project
Mitsubishi to Invest in Green Hydrogen, Green Ammonia in Australia
Green hydrogen and green ammonia are the next-generation clean energy which produce no carbon emissions either in the production or combustion stages.
Doosan Heavy Becomes Largest Shareholder of Doosan Fuel Cell
Doosan Fuel Cell shareholders, including group Chairman Park Jeong-won, seeded a 23 percent stake in Doosan Fuel Cell to Doosan Heavy Industries & Construction …
Offshore Wind Power
Equinor and Partner Reach Financial Close on World’s Biggest Offshore Wind Farm
Dogger Bank wind farm owners, Equinor and SSE, have today announced financial close on the first two phases of the project, representing in aggregate the larges…
Hydrogen Fuel Stations
Air Products and Nogaholding to Develop Bahrain’s Hydrogen Economy
Air Products and nogaholding, an investment and business development arm of National Oil and Gas Authority, will assess the potential development of a hydrogen …
RCEP
RCEP Reaffirms Shift in World’s Economic Power Center
Trade is a natural extension of not being self-sufficient, and specialization through trade enhances the efficient production of goods and services that people …
Smart Energy
Shanghai Electric and Siemens Energy to Establish Smart Energy Empowerment Center
The cooperation aims to build a smart energy empowerment center that can serve domestic and global energy industries.
Crude Oil
Kazakhstan will Produce 86 Million Tons of Oil in 2021
According to media reports on November 20, Kazakhstan’s Minister of National Economy Ruslan Dalenov said on Thursday that the country’s oil production next ye…
Energy Investment
Enel to Invest 160 bln Euros by 2030 in Clean Energy Drive
ENEL-PLAN/ (UPDATE 1)UPDATE 1-Enel to invest 160 bln euros by 2030 in clean energy drive.
Oil Field
GeoPark Announces Agreement to Sell 10% Working Interest in the Manati Gas Field in Brazil
The total consideration of the transaction amounts to R$144.4 million, including a fixed payment of R$124.4 million plus an earn-out of R$20.0 million, which is…
BP Sells London HQ for Nearly $332 Million
Following reports that BP is preparing to sell its London headquarters, the oil major has now entered into an agreement for the sale of the HQ for £250.
Coal-Fired Power Plants
Romania Erases New Coal-Fired Thermal Power Plants from its Plans
Minister of Economy, Energy and the Business Environment Virgil Popescu claimed no more coal power plants would be built in Romania while the wording of a call …

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Economy

Petronas Posts Nine-Months Loss

Repsol to Invest €5.5bn in Low Ccarbon Generation

India’s Renewable Power Capacity is the Fourth Largest in the World, Says PM Modi

China Hits 26 per cent of 2020 Target for U.S. Energy Imports under Trade Deal

Mitsubishi to Invest in Green Hydrogen, Green Ammonia in Australia

Doosan Heavy Becomes Largest Shareholder of Doosan Fuel Cell

Equinor and Partner Reach Financial Close on World’s Biggest Offshore Wind Farm

Air Products and Nogaholding to Develop Bahrain’s Hydrogen Economy

RCEP Reaffirms Shift in World’s Economic Power Center

Shanghai Electric and Siemens Energy to Establish Smart Energy Empowerment Center

Kazakhstan will Produce 86 Million Tons of Oil in 2021

Enel to Invest 160 bln Euros by 2030 in Clean Energy Drive

GeoPark Announces Agreement to Sell 10% Working Interest in the Manati Gas Field in Brazil

BP Sells London HQ for Nearly $332 Million

Romania Erases New Coal-Fired Thermal Power Plants from its Plans