Aboitiz Renewables Inaugurates 92.55 MWp San Manuel Solar Power Plant In Pangasinan, Philippines

Aboitiz Renewables, Inc., the renewable energy arm of Aboitiz Power Corporation, has officially inaugurated its 92.55-megawatt peak (MWp) San Manuel Solar Power Plant in Pangasinan, marking another important step in…

Bhutan Commissions 7.83 MW Rooftop Solar Project Across 187 Public Buildings

Bhutan has achieved an important milestone in its renewable energy journey with the successful commissioning of Subproject 1 under the Distributed Solar for Public Infrastructure Project (DSPIP). As part of…

Green Guarantee Company Mobilizes USD 70 Million To Expand Clean Energy Access Across Africa

The Green Guarantee Company (GGC) has completed its first two climate finance transactions, helping to mobilize USD 70 million for sustainable energy projects across Africa. The announcement was made on…

Brent Oil Curve Weakens Further as Prompt Supply Glut Swamps Market

By and Six-month Brent spread flipped to a discount Wednesday for the first time this year Rise in Strait of Hormuz flows leaves near-term glut on market Potential for storage…

Oil Prices Little Changed as US-Iran Peace Efforts Hold

By and Benchmarks touched pre-war lows on Thursday Saudi Aramco shifts to spot sales in Asia Brent spread contango signals fading shortage concerns CALGARY/LONDON, July 3 (Reuters) – Oil prices…

TotalEnergies Offers Millions of Barrels of Iraqi Crude to Asian Buyers

TotalEnergies is offering millions of barrels of Iraq’s Basrah Medium and Basrah Heavy crudes for prompt delivery to Asia this month and next, traders who had received some of these…

Americans Hit Road for July 4 Despite High Gasoline Prices

(Reuters) – Americans are revving up for the Fourth of July holiday, undeterred by gasoline prices that remain elevated and well above historical levels. The easing of tensions between the…

Oil Set for Fourth Straight Weekly Loss as Hormuz Flows Return

Oil futures were on track to post their fourth consecutive weekly loss early on Friday as the tentative reopening of the Strait of Hormuz and the uptick in oil flows…

India Denies Directly Exporting Fuel to Russia, But Admits Traders May Be

Indian refiners are not directly exporting any refined petroleum products to fuel-starved Russia, although some supplies from traders are likely reaching Russia, India’s Oil Minister, Hardeep Singh Puri, has said.…

Citi: Oil Could Sink to $60 as Hormuz Traffic Normalizes

Brent Crude prices could plunge to as low as $60 per barrel by the end of the year, says Citigroup, which expects flows through the Strait of Hormuz to soon…