Economy

Oil & Gas Trade
Dana Gas Reports 53% Rise in 2022 Adjusted Net Profit on Higher Oil Prices
The Khor Mor gas complex, operated by Crescent and Dana Gas, in the Kurdistan Region of Iraq. Photo: Crescent PetroleumDana Gas, one of the largest private natu…
Oil Price
Oil Prices Steady Amid Prospects of Fuel Demand Rebound in China
Global oil demand is set to surge to record levels this year as China's economy recovers. GettyOil prices were steady in morning trade on Monday as the pros…
Hydrogen Project
Green Hydrogen Promises to Boost Brazil-Germany Relationship
At the forefront of the green hydrogen economy, Germany sees Brazil as a strategic fuel supplier, a big bet to replace oil, gas and coal and meet climate target…
Energy Taxation
Fuel Tax Exemptions Make No Sense – For the Climate or the Economy
Petrol and Diesel pumps at a service station in Sydney. (AAP Image/James Gourley)Revising the generous fuel tax credits given to businesses should be a priority…
Oil & Gas Trade
Shell and Conocophillips More Than Doubled Their Earnings in 2022
The British oil and gas company Shell has released its 2022 results, posting a US$40bn profit for the year, a more than twofold increase compared to its 2021 ea…
Germany
German E.ON to Invest EUR 210 Million in Power Business in Romania
E.ON earmarked EUR 375 million for capital expenditure by 2023 in Romania, of which EUR 210 million is for the electric power division. It is also developing en…
Crude Oil
OPEC+ Agrees to Stick to Oil Output Targets Amid Improving China Outlook
Opec's headquarters in Vienna. APThe Opec+ alliance of 23 oil-producing countries has agreed to roll over its existing oil output cuts as the fuel demand ou…
Hydrogen Technology
Plug Power and Johnson Matthey Announce Partnership to Accelerate Green Hydrogen Economy
Plug Power, a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, and Johnson Matthey (JM), a global leader in sustainable tec…
Solar Power Panel
BayWa r.e. Sells Two UK Solar Projects
BayWa r.e. has sold two solar projects in the UK. The solar farms have a total capacity of 110 MWp, which have the potential to supply over 31 000 UK households…
Energy Investment
Sun Cable: It’s Much More Viable Than You Think, at the Right Price
We think interest in Sun Cable assets will be high, and that the project may well be viable. Yet as an external analyst without access to inside information, th…
Australia
Energy Arbitrage Sends Big Battery Revenue to New Record High in 2022
Victoria Big Battery. Image suppliedLarge-scale batteries in Australia’s National Electricity Market (NEM) earned record high revenue from arbitraging the…
Energy Investment
CGGC INTERNATIONAL LTD. plans to invest US $10 billion in infrastructure projects in Iraq
A major Chinese conglomerate has offered to invest nearly 10 billion in infrastructure projects in the Autonomous Kurdistan region in North Iraq, an official ha…
Biomass Power Plant
Japan’s Yufutsu Biomass Power Plant Starts Operations
Japanese paper mill Nippon Paper and trading house Sojitz started commercial operations of the 75MW Yufutsu biomass-fired power generation plant on 2 February i…
Energy Investment
Fast Track Development on Energy Corridor With Russia Urged for Economic Stability
Islamabad : Speakers here on Saturday urged the government to fast track the process of economic and energy cooperation agreements with Russia after the recentl…
Hydrogen Production
Hydrogenone Invests in First Green Hydrogen Project
HydrogenOne, the first London-listed fund investing in clean hydrogen for a positive environmental impact, has announced its first investment commitment in a gr…

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Economy

Dana Gas Reports 53% Rise in 2022 Adjusted Net Profit on Higher Oil Prices

Oil Prices Steady Amid Prospects of Fuel Demand Rebound in China

Green Hydrogen Promises to Boost Brazil-Germany Relationship

Fuel Tax Exemptions Make No Sense – For the Climate or the Economy

Shell and Conocophillips More Than Doubled Their Earnings in 2022

German E.ON to Invest EUR 210 Million in Power Business in Romania

OPEC+ Agrees to Stick to Oil Output Targets Amid Improving China Outlook

Plug Power and Johnson Matthey Announce Partnership to Accelerate Green Hydrogen Economy

BayWa r.e. Sells Two UK Solar Projects

Sun Cable: It’s Much More Viable Than You Think, at the Right Price

Energy Arbitrage Sends Big Battery Revenue to New Record High in 2022

CGGC INTERNATIONAL LTD. plans to invest US $10 billion in infrastructure projects in Iraq

Japan’s Yufutsu Biomass Power Plant Starts Operations

Fast Track Development on Energy Corridor With Russia Urged for Economic Stability

Hydrogenone Invests in First Green Hydrogen Project