Adani Power shares on Tuesday shot up to a 52-week high, hitting the 10% upper circuit on reports the company has received Rs 3,000 crore in past dues from three Rajasthan discoms (distribution companies). NEW […]
ReNew Power last year signed 400 Mw round-the-clock (RTC) power purchase agreement to supply electricity to Solar Energy Corporation of India (SECI). New Delhi:ReNew Poweron Wednesday said Japan’s trading firmMitsui& Co will invest in the […]
The government assigned rights to install floating panels with capacity to convert sunlight into 183 megawatts worth of electricity, a large chunk of which went to native power company EDP Renovaveis (EDPR). LISBON:Portugal‘s first auction […]
A new report illustrates the soaring demand for Australia’s gas resources, pushing exports to record levels and helping fund public services and infrastructure. The Australian Petroleum Production & Exploration Association (APPEA) said the latest Resources […]
“It feels concessionary to be ESG investing now,” says Kane Brenan, chief executive officer at TIFF Investment Management. Underperformance and environmental concerns drove investors away from oil and gas investments for years. But now, as […]
Austin unicorn Workrise has laid off an unspecified number of employees as it exits several verticals and seeks to divest parts of its business. The company, which has built a workforce management platform for the skilled […]
Exxon Mobil Corp. signaled its highest profit since 2008 as Russia’s war in Ukraine upended global commodity markets. Exxon’s announcement that first-quarter results may have reached almost $11 billion augurs booming profits across the oil […]
The Railroad Commission of Texas (RRC) reported that it issued 38% more original drilling permits year/year across the Lone Star State in February. The natural gas and oil industry regulator granted 836 drilling permits in […]
Swiss startup Climeworks AG has raised 600 million francs ($650 million) to scale up its technology that sucks carbon dioxide directly from the air. The world has to reach peak greenhouse-gas emissions before 2025 to avoid catastrophic climate […]
Palm Beach, FL – April 5, 2022 – FinancialNewsMedia.com News Commentary – Companies in the oil & gas industry operate and develop oil and gas field properties. Activities include: the exploration and production of crude petroleum; the mining […]
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