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Home2024April

Month: April 2024

Will India be the next China?
Finance

Is India Really the Next China?

April 8, 2024 Mariel Alumit

The case for its economic ascent is strong, but government policies still stand in the way. Will India be the next China? As China’s economy spirals downward and optimism about India’s growth reverberates around the […]

Baker Hughes
International News

Baker Hughes to supply liquefaction tech for Canada’s Cedar LNG project

April 8, 2024 Mariel Alumit

US energy services firm Baker Hughes has secured an order from compatriot engineer Black & Veatch to supply the planned Cedar LNG project in Canada with electric driven liquefaction technologies. Baker Hughes said in a […]

TotalEnergies
Exploration and Production

TotalEnergies expands its US natural gas production

April 8, 2024 Mariel Alumit

France’s TotalEnergies has agreed to buy the 20 percent interest held by Lewis Energy in the Dorado leases operated by EOG Resources in the Eagle Ford shale play, increasing its natural gas production capacity in […]

US
International News

China pushes back at US overcapacity concerns as Yellen wraps visit

April 8, 2024 Mariel Alumit

  Beijing’s commerce minister dismissed as “groundless” US concerns that a surge of low-cost Chinese exports posed a risk to global markets, as Washington’s Treasury chief on Monday (8 April) wrapped up a visit aimed […]

natural gas
ESG

Study grades natural gas as best source for reliability, affordability and environmental impact

April 8, 2024 Mariel Alumit

  A new study finds that natural gas is the most effective energy source meeting growing energy demands affordably and reliably, while balancing environmental and human impact. The “Grading the Grid” study by the Mackinac Center […]

PetroVietnam Power
Electrical Generation / Utilities

PetroVietnam Power gets $300 million loan for LNG power plants

April 8, 2024 Mariel Alumit

PetroVietnam Power, a unit of state-owned PetroVietnam, has signed a deal with Citibank and ING for a $300 million short-term loan to fund the construction of its Nhon Trach 3 and 4 LNG power plants. […]

battery storage
Energy Storage

UK’s largest battery storage fund warns of investment risk

April 8, 2024 Mariel Alumit

The UK’s foremost battery storage fund has raised concerns regarding the underutilisation of battery technology within the country’s electricity system, warning of potential repercussions for investment and carbon reduction targets. Ben Guest, Managing Director of […]

Hartlepool
Electrical Generation / Utilities

UK funds Hartlepool nuclear reactor project

April 8, 2024 Mariel Alumit

Plans for constructing reactors in Hartlepool have secured a substantial multimillion-pound investment. Hartlepool is poised to accommodate a collection of mini nuclear reactors within the next ten years. This funding has been allocated to engineering group […]

TotalEnergies
Big Oil Companies

TotalEnergies to Champion Multi-Energy Investment Strategy at IAE 2024

April 8, 2024 Mariel Alumit

Affirming TotalEnergies’ long-standing commitment to Africa’s energy development, Senior Vice President for Africa Mike Sangster will deliver an opening keynote at Invest in African Energy (IAE) 2024 – a two-day investment forum taking place in Paris next […]

China
Finance

China’s growth forecast raised

April 8, 2024 Mariel Alumit

  The country’s economy is projected to expand by 5.3% next year, according to a macroeconomic research agency The Chinese economy is expected to grow by 5.3% this year as the property sector recovers and […]

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