Iran is without doubt one of the wealthiest countries in terms of energy production. Not only does the Middle Eastern country possess the world’s 2 nd largest natural gas reserves Continue Reading
India’s oil-to-telecoms conglomerate Reliance Industries plans to invest more than US$10 billion in three years in a new business unit that will build solar module, battery storage, electrolyser, and fuel Continue Reading
Venezuela’s Descent Into Anarchy Is Fueling Maduro’s Desperation Description: Tags: After more than 15 years of U.S. sanctions which caused Venezuela’s one mighty petroleum industry to collapse, the crisis-driven Latin Continue Reading
The Biden administration said Thursday it banned U.S. imports of a key solar panel material from Chinese-based Hoshine Silicon Industry Co (603260.SS) , but stopped short of imposing a ban Continue Reading
The first deepwater gas field fully operated by a Chinese company, Lingshui 17-2, started production on Friday, the country’s national offshore producer CNOOC Ltd (0883.HK) said. The gas project, in Continue Reading
U.S. President Joe Biden on Thursday embraced a $1.2 trillion bipartisan Senate deal to renew the nation’s roads, bridges and highways and help stimulate the economy — a major breakthrough Continue Reading
WATCH: Biden says “we have a deal.” President Joe Biden celebrated his tentative deal with a group of Democratic and Republican senators on a $579 billion infrastructure plan, saying it Continue Reading
President Biden and a group of 10 centrist senators agreed to a roughly $1 trillion infrastructure plan Thursday, securing a long-sought bipartisan deal that lawmakers and the White House will now attempt Continue Reading
The Biden administration banned the import of solar panels and other goods made with materials produced by a Chinese company that it accused of using forced laborers from China’s Xinjiang Continue Reading
Oil execs and producers are historically pretty good at making money. Oil is a roller coaster of an economic sector, based on a boom-and-bust model. Bankruptcy and insolvency are not Continue Reading
