KKR & Co. raised $3.9 billion for its first Asia-Pacific infrastructure fund, amassing the largest pool of cash in the region for investments in everything from waste management and renewable energy to communication towers. In the process of raising funds, […]
Energy News Beat Publishers Note: We covered this on our live YouTube show months ago. Billions of dollars tied up on the floating LNG processing facility, and it has been off-line for 11 months due […]
Rigzone: Based on recent pageview figures, Rigzone’s downstream readers showed considerable interest in news about the sale of some BP assets and the cashflow challenges of another supermajor. Keep reading for this summary of three […]
Tesla is shaking up the competition once again with the release of its new ModelY in China for a lower-than-expected price that’s reportedly causing a run of advance orders. On the first day of 2021, […]
Like many global oil majors ExxonMobil is under considerable pressure because of the significant fallout from the COVID-19 pandemic, sharply weaker oil prices and the threat of peak oil demand. There are growing fears that […]
Much has been made of President-elect Joe Biden’s energy policies and the negative impact they will have on the U.S. oil industry, which is laboring to survive a global oil supply glut and sharply weaker […]
(Bloomberg) –Crown Prince Mohammed bin Salman unveiled his latest vision for Saudi Arabia’s future beyond oil: a city with no cars, roads or carbon emissions. The 170 kilometer-long (106 mile-long) development called “The Line” will […]
Energy News Beat Publishers Note: Politics is a horrible topic in 2020 and 2021. Whether your Democrat, Republican, or just sick of all the fighting. We are all part of the human race and need […]
During 2020, wholesale electricity prices at major trading hubs in the United States were generally lower than in 2019, although prices in the western states trended higher in the last half of the year. Compared […]
Energy News Beat Publishers Note: With a joyous scream 2020 is behind us and we are looking forward to 2021. I however am going on the record as saying “2021 will look at 2020 and […]
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