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Economy
Energy Investment
Minister of Energy in Uganda Weighs in on Umeme Investments
With the expiry of concession in sight, the Ministry of Energy and Mineral Development in Uganda has recommended the halting of new investments by Umeme.
Market Analysis
Brazilian Energy Demand Grows 4.1pc in 2021
Brazil's energy consumption in 2021 grew by 4.1pc from the previous year to an average 64,736 MW
Singapore
PetroChina Becomes Top 2021 Singapore Bunker Supplier
Chinese state-controlled PetroChina's Singapore subsidiary was the largest physical supplier of bunkers in Singapore last year.
Together Energy Becomes the First Supplier to Collapse in 2022
The collapse leaves around 176,000 domestic customers behind
Oil Field
TotalEnergies and Inpex Sell Shares in Mature Angolan Fields
French energy major TotalEnergies and Japanese player Inpex have agreed to sell a company holding two blocks located offshore Angola to an Angolan company as pa…
Carbon Neutral
Xi Addresses 2022 WEF Virtual Session
Achieving carbon peak and carbon neutrality are the intrinsic requirements of China’s own high-quality development and a solemn pledge to the international com…
RCEP
RCEP to Boost Engine Company
Yuchai charts plans to expand and introduce more green products to overseas markets
Energy Investment
Econergy Completes Acquisition of Swangate Energy Storage
European renewable energy project developer and operator, Econergy Renewable Energy, has successfully acquired a 100% share of Swangate Energy Storage Ltd, a 50…
Energy Storage Battery
Econergy Acquires 50MW UK Storage
The Israeli developer has secured a 100% share for the Swangate project in Yorkshire
Crude Oil
IEA Says Oil Demand more Resilient than Expected in the Face of Omicron
Global oil demand has proven stronger than expected as the latest coronavirus variant inflicts a softer hit to the economy than anticipated.
Oil Refinery
Saudi Aramco Buys Stake In Refinery In Russia’s Backyard
Saudi Arabia is expanding its downstream presence and crude customers in Eastern Europe, traditionally Russia’s backyard, by buying a stake in a Polish refiner…
Energy Investment
Apicorp and IsDB Collaborate on $1bn Infrastructure Financing Initiative
The multilateral lenders aim to address low private sector participation in funding energy projects
Energy Investment
Invenergy Secures $3bn from Blackstone to Drive Clean Energy Platform
Chicago-based multinational utility Invenergy is set to expand its renewable energy business after securing approximately $3 billion in investment from global a…
Natural Gas
Go Fuel Retail Additional Expansion Approved
Oil & Gas Regulatory Authority has granted permission to Gas & Oil Pakistan Limited to operate additional fuel storage facility as well as expand fuel retail ne…
Market Analysis
Goldman Sachs Invests in Hydrostor Energy Storage
Hydrostor Inc., a long-duration energy storage solution provider, has announced a preferred equity financing commitment of US$250 million from the Private Equit…
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