The Rise of Private Chinese Oil Companies in Iraq

Private Chinese oil companies are expanding their presence in Iraq, joining China’s state majors in pouring billions into the development of hydrocarbons in the OPEC member. Per a Reuters report,…

Goldman Reiterates $64 Oil Price Forecast

Goldman Sachs has maintained its oil price forecast for Brent crude, seeing the benchmark averaging $64 over the fourth quarter of the year despite recent developments that have pushed both…

India’s Top Refiner Hastens to Replace Russian Crude

Indian Oil Corporation, the biggest refiner in the country, has purchased about 7 million barrels of crude from the U.S., the Middle East, and Canada in a spot tender last…

ACWA Power Reports Strong H1 2025 Results with 62% Growth in Adjusted Net Profit

Saudi-listed ACWA Power, the world’s largest private water desalination company and a leader in energy transition and green hydrogen, has announced its consolidated financial results for the six months ended…

Brookfield Renewable Partners Reports Q2 2025 Results and Major Strategic Milestones

Representational image. Credit: Canva Brookfield Renewable Partners L.P. has reported financial results for the three and six months ended June 30, 2025, highlighting strong commercial progress and strategic investments. During…

EDF Power Solutions North America Appoints Amy Lloyd as Chief Financial Officer

EDF Power Solutions North America has appointed Amy Lloyd as Chief Financial Officer (CFO), strengthening its leadership team as it advances sustainable energy solutions across the region. Amy brings over…

LONGi Hosts PV Technology Seminar in Kazakhstan to Advance Renewable Energy Cooperation

Kazakhstan’s Ministry of Energy and LONGi, together with His Excellency Ilyas Bakytzhan, organized the “Empowering Kazakhstan’s Sustainable Future” PV technology seminar in Astana. The event brought together government officials, energy…

Oil Falls as OPEC+ Proceeds With September Output Hike

Summary OPEC+ to raise output by 547,000 bpd in September Healthy economy, low stocks support production hike, OPEC+ says India to keep buying Russian oil despite Trump threats, sources say…

OPEC+ 8 Announce 547,000 Bpd ‘Production Adjustment’ for Sept

A statement posted on OPEC’s website on Sunday announced that Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman “will implement a production adjustment of 547,000 barrels per day…

China Squeezes Critical Mineral Supply to U.S. Defense Industry

China is restricting the supply of critical minerals to U.S. military manufacturers, the Wall Street Journal has reported, adding that this has forced companies to delay order deliveries as they…