One of the largest Western investors in Egypt’s energy sector, Italy’s Eni, has announced that it is to drill new wells in the country’s flagship Zohr field, the largest gas…
Saudi Arabia has entered into joint ventures with two Chinese solar firms to build solar plants in the country worth some $3 billion, highlighting the oil-rich kingdom's campaign to…
Global superpowers are circling as Ghana prepares to build its first nuclear power plant. The small nation is poised for a major uptick in electricity demand over the next few…
Via Metal Miner The Construction MMI (Monthly Metals Index) held true to its year-long sideways trend, only budging…
As hydrocarbons producers reap sustained revenue from high global prices, national oil companies (NOCs) in the Gulf are accelerating investment in carbon capture, utilisation and storage (CCUS); hydrogen;…
Gore Street Energy fund said it remains confident in delivering strong returns to investors despite “challenging” conditions in Britain’s energy storage market over the last…
Kazakhstan and Uzbekistan have announced a goal of more than doubling trade volume in “the coming years.” To hit that very ambitious target, top officials from both countries…
Canada's oil industry is enjoying a boom year with the start of the Trans Mountain Expansion Project in May, which tripled the volumes Alberta's oil producers can send via the…
Oil prices are falling on Tuesday morning as weaker-than-expected economic data from China sparks demand concerns. WTI crude fell back to the $80 handle ahead of this week's crude inventory…
The skewed activity is highlighted by explorers demarcating assets within their portfolios as ‘core’ areas of operations, with the majority of guided exploration spending being directed towards exploring…
India has raised its windfall tax on petroleum crude effective July 16, the government said in a notification on Monday. The windfall tax on petroleum crude was revised up…
Environmental campaigners have slammed Donald Trump’s pick for running mate, Ohio Republican Senator J.D. Vance, saying that he is a climate change denier and a “Big Oil sell-out” who will…
Bolivia’s state-owned oil and gas company YPFB has discovered a massive natural gas field, which is the biggest such find in nearly two decades and could become the country’s third-largest…
While countries like Brazil and the United States are often seen as major pressures on OPEC oil production policies, Saudi Arabia’s ambitious Vision 2030 might pose an even greater challenge.…
July 6 saw Masoud Pezeshkian announced as the new president of Iran, following the death in a helicopter crash of his predecessor Ebrahim Raisi on 19 May. The surprise new…
The Biden administration is awarding nearly $2B in grants to General Motors (NYSE:GM), Stellantis (NYSE:STLA) and other carmakers to help restart or expand electric vehicle manufacturing and assembly sites in eight states. The…
Rising demand for raw materials coupled with meagre new supply could spur a surge in mining takeover deals and acquisitions, analysts said today. The potential mining…
Let's take a break from the chaos in American politics and gravitate towards the Middle East. Iran-backed Houthis are still lobbing missiles, kamikaze drones, and boat drones…
Via Metal Miner The Raw Steels Monthly Metals Index (MMI) fell 4.5% from June to July.
China’s economy expanded by 4.7 percent in the second quarter of the year compared to the same period last year, according to official data released on Monday.