Canada and China Unveil Landmark Energy Cooperation Agreements
Canada and China signed on Thursday several cooperation agreements, including in the energy sector, as Canadian Prime Minister Mark Carney hailed “a new era” in bilateral relations during an official…
Nigeria Misses OPEC+ Oil Quota for Fifth Straight Month
Nigeria’s crude oil production slipped in December from November as Africa’s top producer continues to struggle to pump to its full OPEC+ output quota amid operational challenges in its upstream…
China’s Grid Giant Plans Huge $574 Billion Investment Surge
State Grid Corporation of China, the biggest grid operator in the country, expects to invest as much as $574 billion through 2030, which would be a massive 40% jump in…
Ratermann Manufacturing signs US distribution deal with Chart Industries
Industrial and cryogenic equipment and supplies supplier Ratermann Manufacturing has partnered with Chart Industries in a North American distribution agreement. Under the agreement, Ratermann will serve as the exclusive distributor…
Air Products Membrane Solutions obtains maritime cybersecurity certification
Air Products Membrane Solutions claims it is the first company to obtain cybersecurity certification for maritime nitrogen systems under the International Association of Classification Societies’ (IACS) Unified Requirements E26 and…
U.S. Sanctions Push India’s Russian Crude Imports to Three-Year Low
India’s imports of Russian crude this month are set to be close to the three-year low in December as refiners avoid sanctioned cargoes and sellers and look to diversify sourcing…
U.S. Sells First Venezuela Oil Cargo for $500 Million
The United States has sold the first cargo of Venezuelan cargo it received from the country after the ousting of President Nicolas Maduro. The sale fetched $500 million, an unnamed…
India’s Coal Output Jumped 3.6% in December
India produced 101.45 million tons of coal last month, which represented a 3.6% increase on a year earlier, the Hindu reported today, noting the amount exceeded a monthly target of…
Court says US DOE acted unconstitutionally in clean energy funding cuts
The US Department of Energy (DOE) acted unconstitutionally when it axed $7.5bn worth of clean-energy funding, including grants linked to two West Coast hydrogen hubs, a federal court has ruled.…
Oil Prices Retreat After 5 Session Rebound
Oil prices retreated after a five-session rebound as concerns about the geopolitical situation in the Middle East abated to some extent. That’s what Daniel Takieddine, Co-founder and CEO of Sky Links…
