President Lopez Obrador had announced the aid in December The government refinanced short-term debt with a new 10-year bond The operation will reduce the “financial pressure” on Pemex by $10.5 billion between 2024 and 2030, […]
3 new battery cell gigafactories are expected to come online in the U.S. by 2025. The next decade will be defined by a massive increase in utility-scale storage GM, Ford, Tesla, SK Innovations and LG […]
Attempts to justify the high costs of President Biden’s Build Back Better plan have engendered a string of creative economic arguments advocating for so-called investments by the government to drive a transition to renewable energy. “The […]
ADNOC has announced an investment of nearly $1billion to extend the life of the Umm Shaif oil field which started up 60 years ago. The first oil field to be discovered in waters off Abu Dhabi, […]
China Three Gorges (CTG) said it has begun construction of the 1.7 GW Tiantai pumped storage power station in Zhajiang Province. The station, located in Tiantai County, is a major project of the Medium and […]
RIYADH: Two Saudi universities have signed an agreement to combine their capabilities and resources to help realize the Kingdom’s ambitions in the fields of atomic and renewable energy. The deal, between King Abdulaziz City for Science […]
(Bloomberg) -Oil was poised for a third weekly gain as demand remained resilient while supplies are frayed across the OPEC+ coalition and beyond. Futures increased again on Friday to trade near $80 a barrel in […]
(Bloomberg) –Russia failed to boost oil output last month despite a generous ramp-up quota in its OPEC+ agreement, indicating the country has deployed all of its current available production capacity. With OPEC+ meeting in two […]
ENB Publishers Note: We covered this story last year when Saudi Arabia produced their budgets for the next several years. It is clear they are not wanting to lower prices. In fact, if you look […]
If anyone knows me, they know that I have a very competitive nature. Winning is extremely fun. That being said there is some irony when the world’s largest polluter shuts down the world’s worst Environmental, […]
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