Rising investment in mini-grids in India signals growing business interest in the sector, despite a lack of clear government policy, as the country races to meet its goal of providing energy for all in just two years, analysts said.
A Singapore court on Monday filed additional charges against nine men accused in a large-scale oil theft at Shell’s biggest refinery, the latest development in an extensive investigation in the city-state.
Berkshire Hathaway Inc’s energy unit on Thursday named William Fehrman as its new chief executive to replace Gregory Abel, who was promoted a day earlier to oversee more Berkshire units, and potentially succeed Warren Buffett.
Oil prices fell on Friday after hitting a three-year high of more than $70 a barrel the previous day, but they were still on track to post a fourth straight week of gains.
BP, Royal Dutch Shell, Goldman Sachs, Trafigura, Mangalore Refinery and Petrochemicals and Hindustan Petroleum Corp. have expressed interest in filling India’s strategic oil reserve at Padur in the southern Karnataka state – government report
Britain will set an emission limit on coal-fired power generators from Oct. 1, 2025, forcing them to close unless they are fitted with carbon capture technology, the government said on Friday.
Efforts to find new oil off Norway are expected to double next year, preliminary company plans show, with activity rising in more mature areas after this year’s disappointing Arctic campaign.
Saudi Arabia’s King Salman and Russian President Vladimir Putin held a telephone conversation on Thursday during which they agreed to continue close cooperation to ensure stability on global hydrocarbon markets, the Kremlin said in a statement.
Oil edged up towards $64 a barrel on Tuesday, supported by the Forties pipeline outage in the North Sea, OPEC-led supply cuts and expectations that U.S. crude inventories fell for a fifth week.
Britain led calls for an end to coal-fired power generation at United Nations climate talks in Bonn last month but at the same time British companies are active in coal projects around the world, often with government help.