Russia’s state oil company paid $250 million to an external consultant to help secure deals in Iraqi Kurdistan. according to documents that shed new light on transactions that have strengthened Moscow’s presence in the Middle East.
Read More »Saudi`s $100 Billion Shale Plan
Saudi Aramco has announced that it will be pumping $110 billion over the next couple of years to develop the Jafurah gas field.
Read More »Aramco Passes Final EU Regulatory Hurdle in $69bn SABIC Deal
Saudi Aramco’s planned purchase of the region’s biggest petrochemical company comes as it targets downstream investments in a move away from relying on crude oil sales.
Read More »Investment Platform Raises £15m for African Clean Energy Projects
UK aid-funded platform Energise Africa has already helped to reduce Africa’s annual carbon dioxide emissions by 100.000 tonnes.
Read More »US will Become Leading LNG Exporter by 2025
The US currently has a total of 32 projects on different stages from feasibility to commissioning.
Read More »US Oil Rig Count Falls Slightly As Producers Cut Spending
The U.S. Energy Information Administration projected crude output will rise about 8% in 2020.
Read More »Hydrogen. The Cleaner. Greener Fuel for Future
The rise and ever-declining costs of wind and solar have given hydrogen a new lift.
Read More »BP. Eni. Equinor. Shell and Total Join Forces to Store Emissions Under the North Sea
The Net Zero Teesside project aims to decarbonise local industry by building a transportation and storage system to gather industrial carbon dioxide. compress it and store it safely in reservoirs under the sea.
Read More »Sumimoto Heavy Industries Invests $46m in Liquid Air Energy Storage
The new funding will accelerate Highview Power’s cryogenic energy storage expansion globally.
Read More »Virus Slows China`s Major Belt and Road Projects in Asia
China itself has imposed quarantines and travel curbs across the country to contain the epidemic.
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