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Eig
Crude Oil
Iran, Iraq Discuss Oil Cooperation
Iranian Oil Minister Bijan Namdar Zangeneh and his Iraqi counterpart Ihsan Abdul Jabbar discussed ways to promote cooperation between the two neighbors in the o…
PowerGrid Technology
Maryland Announces Funding for 14 Microgrid Projects
Maryland yesterday announced winners in its resilience solicitation, 14 facilities that speak to the range of operations now pursuing microgrid projects — from…
Oil Price
Rosneft Launches "Denationalization" Reorganization
Russia's largest state-owned oil company Rosneft experienced its first quarterly loss in eight years.
Energy Transition
Here's How to Decarbonize Industry and Fight Climate Change
Cars can increase fuel efficiency by replacing steel with aluminum, carbon fiber or other strong, lightweight materials.
LNG
Shell Weighs Sale of $2 Billion-Plus Stake in Queensland LNG Facilities
Royal Dutch Shell is considering raising more than $2 billion from the sale of a stake in the common facilities at its Queensland Curtis LNG plant in Australia,…
Market Analysis
Rising Chinese Hydropower Weighs on Coal Consumption
An increase in hydropower output in south China, from heavy rainfall as well as enhanced delivery of hydropower across provinces following the recent completion…
Oil Price
Oil Moves Lower as U.S.-China Tensions Weigh
Oil futures steadied on Monday as rising U.S.-China tensions weighed on sentiment, but prices drew support from reports that OPEC and Russia were close to a dea…
Oil & Gas Trade
Iran Ready to Send More Fuel to Crisis-Stricken Venezuela
Iranian Foreign Ministry spokesman Abbas Musavi says Tehran will continue to export fuel to Venezuela if the South American country requests more supplies.
Iran Strongly Deplores US New Sanctions
The Iranian foreign ministry on Saturday strongly condemned the US administration decision to end sanctions waivers covering important Iran nuclear deal project…
Energy Technology
Renewable Hydrogen is Key to Unlocking the Complete Decarbonisation of European Industries
Today (May 25), eight industry leaders, European solar power and European wind energy, launched the "alternative renewable hydrogen" programme.
Japan Tightens Foreign Investment Rules for Power Companies
Its impact on Japan's power sector growth is expected to be minimal.
Energy Investment
A New $1.1bn Venture Fund Unveiled for Renewables Projects Globally
EIG Global Energy Partners has unveiled the EIG Global Project Fund V to help accelerate the implementation of renewables projects globally.
Shell Evacuates Foreign Staff From Iraq's Basra Gas Project
Shell (RDSa.L) temporarily evacuated foreign staff, numbering around 60, from Iraq’s Basra Gas Company for security reasons and flew them out of the country bu…
Norway’s Fund Giant Blacklists RWE and Puts Enel on Notice Over Coal Concerns
Leading energy majors have joined the list of firms facing a cut-off from the world’s largest sovereign fund, who is now acting to shed stakes in businesses pr…
Saudi Wealth Fund Builds Stakes in Canadian Natural, Suncor
Saudi Arabia’s sovereign wealth fund built stakes in two major Canadian oil sands players during the energy market rout.
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