Energy


India talks up coal stock amid blackout fears

India has ample coal stocks to meet the demand of its power plants, the government said yesterday, seeking to allay fears of imminent blackouts in New Delhi and other cities....

October 11, 2021, Monday


Energy firms in UK seeking govt assistance

Britain’s biggest energy companies have asked the government for support to help cover the cost of taking on customers from firms that have gone bust due to soaring wholesale gas prices, sources in the...

September 21, 2021, Tuesday


Britain vows to stem gas price fallout

Britain said it would work with the energy industry to try to stem the fallout from soaring gas prices after fears grew that more energy providers and food producers would struggle to operateBusiness minister...

September 20, 2021, Monday


Green firms see growth in earnings

The output of Shanghai’s energy-saving and emission-reduction industry hit 183 billion yuan (US$28.6 billion) in 2020, helping build Shanghai as a green city....

August 20, 2021, Friday


BP returns to profit following loss from COVID-19 impact

BP returned to profit in the second quarter, the British energy giant announced yesterday, having posted a hefty loss one year earlier as the pandemic crushed oil prices....

August 4, 2021, Wednesday


Price of crude oil gushes to highest level in years

New York oil rose to almost a seven-year pinnacle yesterday after OPEC+ crude producers failed to agree on lifting output despite demand soaring along with the global economic recovery, sparking fresh...

July 7, 2021, Wednesday


China Aramaco’s focus at least 50 years

Saudi Aramco will ensure China’s energy security remains its highest priority for the next 50 years and beyond as new and existing energy sources run in parallel for some time, CEO Amin Nasser told the...

March 22, 2021, Monday


UK National Grid to buy unit of PPL

National Grid will buy England’s largest electricity distribution business WPD from US-based PPL for 7.8 billion pounds (US$10.9 billion) as it positions itself for a climate-driven transition from gas...

March 19, 2021, Friday


Oil prices surge after Saudi site strikes

Oil prices pressed higher yesterday after strikes on major oil facilities in Saudi Arabia, the world’s largest oil exporter, shook energy markets already rattled by a decision by oil producers last week...

March 9, 2021, Tuesday


Coal mine numbers to fall further

China’s annual coal output will stand at no higher than 4.1 billion tons by the end of the 14th Five-Year Plan period (2021-2025), after it climbed 1.4 percent year on year to 3.9 billion tons in 2020,...

March 4, 2021, Thursday




 

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