New Delhi: Alfanar, a Saudi Arabia-based manufacturer and trader of power equipment, on Thursday said it has acquired wind turbine manufacturer Senvion India from Senvion GmbH. With this 100 per cent acquisition, the Saudi firm has entered into India’s energy […]
The world’s largest oil company, Saudi Aramco, is planning to raise tens of billions of dollars by selling more stakes in its businesses. The Saudi Arabian state-controlled firm created a new team to review its […]
Just as natural gas has competed with coal as the prime fuel for electricity in the last decades, renewables are putting pressure on the blue, clean-burning source of energy. The competition is fierce and will likely […]
Global trade in liquefied natural gas (LNG) in 2020 remained essentially unchanged from 2019, averaging 46.9 billion cubic feet per day (Bcf/d) compared with 46.7 Bcf/d in 2019, according to the recently released The LNG […]
Australia will challenge a court ruling that orders the government to consider climate change impacts from a planned coal mine expansion, a decision seen as clouding the prospects for any new fossil fuels projects. Environment […]
Ryan Ray, CEO, Presidential Candidate, China expert, podcast legend, the man’s fashion standard, and the all-around good guy stopped by the Energy News Beat Podcast. For our regular monthly check-in with Ryan, we have our […]
A recent survey indicates that the coal industry in the United States is showing a marked upsurge in demand. In fact, it has been revealed that the nation’s output of this fossil fuel is expected […]
We have a great discussion with David Yager, Author, Writer, Energy Analyst, and really fun guy! We cover the Canadian oil patch history and current events impacting the Canadian industry. Davids’s book was written in […]
Goldman Sachs Group Inc. bought a minority stake in Denmark’s InCommodities AS to tap into the firm’s specialist knowledge of short-term power and gas trading. The deal, still subject to regulatory approval, is expected to […]
Oil rebounded after a U.S. government report showed rapidly declining inventories and record-high fuel demand in the midst of the peak summer travel season. Futures edged up after earlier falling as much as 2% in […]
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