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India
India Looks To Increase Oil Production By Selling Stakes In Oilfields
India, which imports around 80 percent of the oil it consumes, is looking to boost its domestic oil production and has reportedly asked its state-owned producer…
Energy Investment
Chevron Invests in Australian Lower-Carbon Projects
The Australian unit of US oil major Chevron, the operator of the Gorgon LNG project, will invest $29 million investment in Western Australian lower-carbon proje…
Wind Farm
Amancio Ortega Partners with Repsol for Its Investment in Wind Power
The owner of Zara breaks into the Aragonese renewable energy business through the Pontegadea investment fund with the purchase from Repsol of 49% of a wind farm…
Oil Shale
Petrobras Sells Shale Oil Unit to Canadian Bank
Brazil's state-run oil company Petrobras signed a contract to sell its Shale Industrialization Unit for $33 million to Forbes & Manhattan Resources
Oil Field
Tullow Oil Set to Increase Stake in Oil Fields in Ghana
Company is exercising its pre-emption rights related to sale of Occidental Petroleum’s interests to Kosmos Energy
Energy Technology
Schneider Electric Unveils Technologies for Energy Sector at ADIPEC 2021
Schneider Electric will be showcasing a range of technologies that can help energy companies become both more efficient and sustainable at this year’s ADIPEC 2…
Vestas Inks Transport Deal with Maersk
Long-term strategic partnership for all containerised transport
EV Market
Opibus Secures SSA’s Largest-Ever Fundraise in Electric Mobility
The investment is the largest ever in an electric mobility company in sub-Saharan Africa and is aimed to scale its operations in electric motorcycle and bus man…
CIIE Helps Exhibitors Find Access to Chinese Market
Influenced by a new type of consumers and buoyed by the upcoming shopping season in China, exhibitors at the ongoing China International Import Expo have been s…
RCEP
Chinese Enterprises Embrace Opportunities with RCEP Taking Effect
Su Feili, owner of a foreign trade company in south China's Guangxi Zhuang Autonomous Region, was excited when learning that the Regional Comprehensive Economic…
United States
US Energy Prices Likely to Rise as Result of Winter Heating Pressure
US consumers will be hit with much larger heating bills than last year due to surging energy prices.
United Arab Emirates
EGA Completes Expansion of Al Taweelah Smelter to Boost Production Capacity
Company sold 1.18 million tonnes of cast metal to customers in more than 50 countries during the first half of 2021
Energy Investment
KKR Invests $2bn in South Korean Energy Company SK E&S
Global investment firm KKR has invested KRW2.4trn, on behalf of its Asia Pacific infrastructure fund in South Korean energy company SK E&S.
Morocco
Morocco to Mobilize Global Investment of $1.6 Billion in Wind Energy
Morocco will mobilize global investment of around 14.5 billion dirhams ($1.6 billion) in a wind energy program, its foreign ministry said in a tweet on Tuesday.
Energy Security
Coal Shortage, Higher Energy Prices Driving Rising Inflation
Higher energy prices to drive up global inflation to 3.23% in 2021, says research.
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