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Crude Oil
Oil Gains After U.S. Infrastructure Bill Passes, Chinese Exports Rise
Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy demand, while Saudi Arabia's state-owned producer Aramco…
Energy Transition
Japan Pledges $10bn to Support Energy Transition in Asia
Two days after scoring a surprisingly robust general election victory, Japanese Prime Minister Fumio Kishida promised up to $10 billion in additional climate fi…
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.
Natural Gas
Ukraine Plans Gas Measure Change from May 2022
Ukraine's parliament has supported a revised bill requiring gas reporting to be measured in energy units rather than volumetric space, with effect from May 2022…
Oil Price
Aramco Books 158% Surge In Q3 Net Profit On Higher Oil Prices
Saudi state energy giant Aramco booked a net profit of $30.4 billion for the third quarter of the year, up by 158 percent from the third quarter of 2020 on subs…
Solar Power Plant
Malaysia Solar Crew Partners on 500MW in Taiwan
Geely-owned automaker Volvo Car AB made its trading debut in Stockholm, Sweden on Friday, raising over $2 billion for its future development, especially in the …
Electric Car
Geely-Owned Volvo to Raise Over $2b in Stockholm IPO
Geely-owned automaker Volvo Car AB made its trading debut in Stockholm, Sweden on Friday, raising over $2 billion for its future development, especially in the …
Hydrogen Project
JCB Signs Green Hydrogen Deal Worth Billions
Construction equipment maker JCB has signed a deal to buy billions of pounds of green hydrogen, defined as hydrogen produced using renewable energy.
Energy Investment
Biden’s New Spending Framework has $555 Billion for Clean Energy, Focused on Incentives, not Punishments
President Joe Biden is expected to unveil a new $1.75 trillion spending framework Thursday, which includes $555 billion for clean energy.
Nuclear Power Plant
4.3bn kWh of Electricity Generated by Belarusian Nuclear Power Plant's First Unit So Far
Since it was connected to the power grid in November 2020, the first unit of the Belarusian nuclear power plant has generated 4.3 billion kWh of electricity.
Oil Field
Iran Needs $11 Billion To Develop Oil Fields Along The Iraqi Border
Iran needs some $11 billion in investments to develop oil fields along its border with Iraq, Bloomberg has reported, citing the new head of the National Iranian…
Hydropower Plant
720MW Karot Hydro Project to be Completed by Dec
The Karot Hydropower Project is a 720MW run-of-river project is being constructed with the estimated cost of $1.74 billion, is likely to be completed by Decembe…
Hydrogen Project
Saudi Arabia to Use $110 billion Natural Gas Field for Blue Hydrogen
A large portion of gas from the $110 billion Jafurah development will be used for blue hydrogen, according to Energy Minister Abdulaziz bin Salman
Oil Exploration
4 Offshore Contracts Signed for Hydrocarbon Exploration and Production; Investments will Total US$1.4 billion
The National Hydrocarbons Agency and Anadarko Colombia Company signed 4 contracts for the exploration and production of hydrocarbons in the Colombian Caribbean,…
Hydrogen Project
Equinor Launches a Multibillion-Dollar Blue Hydrogen Plan
Equinor ASA, the flagship producer of oil and gas giant Norway, is investing billions of dollars in blue hydrogen on a bet that it can make the fuel more cleanl…
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