Mr. Saving-Humanity-Singlehandedly-Myself Bill Gates is reportedly backing a mining startup that is getting close to “investing” in the Democratic Republic of Congo – which is, of course, a nice way to say, likely mining there. The […]
World Oil (Bloomberg) – OPEC+ still has a positive outlook for growth in oil demand, despite the headwinds faced by the global economy, as it prepares for its next ministerial meeting. “The economy, despite the challenges, […]
The power ministry may not participate in the accelerated coal transition investment plan submitted by the World Bank as it is not considering repurposing or retiring any coal-based thermal power plant before 2030, said people with knowledge of the matter. The plan offers […]
(WO) – QatarEnergy has announced the signing of a partnership agreement with China Petrochemical Corporation (Sinopec) for the North Field South (NFS) expansion project. The two sides also signed a long-term sales and purchase agreement […]
Aramco maintained its payout to the Saudi government and investors at $29.4 billion, helping state finances amid a widening budget deficit. The world’s biggest crude oil exporter maintained the payout at the preceding quarter’s level despite […]
The Republic of Korea’s $750 billion National Pension Service, the third largest pension fund in the world, has acquired a minority stake in U.S.-based private-equity real estate investment company Stockbridge Capital Group LLC. Financial terms […]
Norway’s Havfram has discontinued its business unit dedicated to early-phase development of offshore wind farms, Kontiki Winds. The news came hot on the heels of Havfram’s announcement of collaboration ending with RWE and NTE on the bid […]
Iran has urged OPEC members to halt oil exports to countries supporting Israel, echoing the 1973 oil embargo, which dramatically increased oil prices and altered global economies. The call for an embargo is a response […]
The other evening, I was a panellist at an event bringing together energy companies, investors, bankers and other interested parties, to discuss the ways in which companies and investors communicate on issues relating to the […]
7 Nov, 2023 09:52 HomeBusiness News The country’s GDP data for Q3 is due later this week, but analysts suggest all signs point to a contraction The UK is likely already in a recession due […]
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