Ut

Oil & Gas Trade

Russia to Lose $4 Bln Tax Take as It Reverses Cut In Refining Subsidy

Russia's hasty restoration of a "damper" subsidy for oil refiners will not only cost the state budget 400 billion roubles ($4.3 billion) in subsidies this y…

Offshore Wind Power

Orsted Hit by up to $5.6 Billion Impairment on Halted US Projects

A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo Acquire Licensing RightsRenewab…

United States

New Fortress Energy May Need to Reapply for Mexico LNG Permit -US

Model of LNG tanker is seen in front of the U.S. flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Righ…

Oil&Gas Drilling

US Oil Output Hits Record as Producers Boost Drilling Efficiency

A drilling rig operates in the Permian Basin oil and natural gas production area in Lea County, New Mexico, U.S., February 10, 2019. Picture taken February 10, …

Carbon Emissions

Climate's 'Catch-22': Cutting Pollution Heats up the Planet

People wearing sun protection gear amid a heatwave walk on a street in Beijing, China July 1, 2023. REUTERS/Tingshu Wang/File Photo Acquire Licensing RightsAir …

Power Construction

Goldman Sachs-Backed Firm Applies to Sell u.s. Retail Electricity Contracts

The Goldman Sachs company logo is on the floor of the New York Stock Exchange in New York City, U.S., July 13, 2021. REUTERS/Brendan McDermid/File Photo Acquire…

Oil & Gas Trade

Australia Court Halts Santos' $3.6 Bln Barossa Gas Pipeline Works

The logo of Australian oil and gas exploration and production company Santos is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, …

Energy Storage Project

POSCO Int'l to Supply $4.42b Battery Materials to Lotte Energy

From third from left to right: Posco International CEO Jeong Tak, Lotte Chemical CEO Kim Gyo-hyun, and Lotte Energy Materials CEO Kim Yeon-seop pose for a photo…

LNG

Qatarenergy LNG Delivers 1,000th Shipment to South Hook Terminal

QatarEnergy LNG has delivered the 1,000th LNG shipment to the South Hook LNG Terminal at Milford Haven in the United Kingdom.The landmark delivery was made by t…

Photovoltaic （PV）

Canadian Solar to Build 5GW PV Plant in Indiana

Canadian Solar is building a solar PV cell manufacturing plant with an annual output of five gWCanadian Solar Inc. is building a solar photovoltaic (PV) cell ma…

Oil & Gas Trade

Shell to Sell Pakistan Unit to Saudi Firm

FILE PHOTO: Shell logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/File…

Renewable Energy

Indonesia Sets Emission Target for G7 Funding, Lays Out Investment Map

Smoke and steam billows from the coal-fired power plant owned by Indonesia Power, next to an area for Java 9 and 10 Coal-Fired Steam Power Plant Project in Sura…

Cooperation case

Belt and Road Cooperation Boosts Economic and Trade Growth

Rwanda, a landlocked country in east central Africa and also known as the "Land of a Thousand Hills," is one of the world's leading coffee-growing nations. …

Oil Price

Saudi Arabia May Hold Arab Light Price to Asia Steady for Dec

A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo Acquire Licensing Rights…

Ammonia

Statnett Assigns Grid Capacity for Aker Horizons' Ammonia Projects in Norway

Energy company Aker Horizons has been allocated a grid capacity of 250 MW for its large-scale green ammonia plant under development in Kvandal outside Narvik an…