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Saudi Aramco signs gas pipeline deal

Saudi Aramco said it has signed a US$15.5 billion lease and leaseback deal for its gas pipeline network with a consortium led by BlackRock Real Assets and Hassana Investment Company in its second major...

December 8, 2021, Wednesday

China’s carbon market gains pace

China’s national carbon market, a major institutional innovation to facilitate emissions reduction, is getting brisker as its first compliance deadline is at the door, and analysts believe that it will...

December 7, 2021, Tuesday

US plans emergency oil release

The United States was expected to announce a loan of crude oil from its emergency stockpile yesterday as part of a plan it hashed out with major Asian energy consumers to lower energy prices, a Biden administration...

November 24, 2021, Wednesday

Japan may free up oil reserves at US request

Japanese officials are working on ways to get around restrictions on releasing national reserves of crude oil in tandem with other major economies to dampen prices....

November 23, 2021, Tuesday

India talks up coal stock amid blackout fears

India has ample coal stocks to meet the demand of its power plants, the government said yesterday, seeking to allay fears of imminent blackouts in New Delhi and other cities....

October 11, 2021, Monday

Energy firms in UK seeking govt assistance

Britain’s biggest energy companies have asked the government for support to help cover the cost of taking on customers from firms that have gone bust due to soaring wholesale gas prices, sources in the...

September 21, 2021, Tuesday

Britain vows to stem gas price fallout

Britain said it would work with the energy industry to try to stem the fallout from soaring gas prices after fears grew that more energy providers and food producers would struggle to operateBusiness minister...

September 20, 2021, Monday

Green firms see growth in earnings

The output of Shanghai’s energy-saving and emission-reduction industry hit 183 billion yuan (US$28.6 billion) in 2020, helping build Shanghai as a green city....

August 20, 2021, Friday

BP returns to profit following loss from COVID-19 impact

BP returned to profit in the second quarter, the British energy giant announced yesterday, having posted a hefty loss one year earlier as the pandemic crushed oil prices....

August 4, 2021, Wednesday

Price of crude oil gushes to highest level in years

New York oil rose to almost a seven-year pinnacle yesterday after OPEC+ crude producers failed to agree on lifting output despite demand soaring along with the global economic recovery, sparking fresh...

July 7, 2021, Wednesday



 

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