Global installed clean energy capacity to exceed 1T watts by 2023
The latest annual report from The International Energy Agency (IEA) on renewables reportedly forecasts that about 1.3 terawatts of extra clean energy would be installed across the globe by 2023. The a....
Greenko-Orange Renewable deal back on track, valued at $925 million
The Hyderabad-based clean energy company Greenko Group has reportedly resumed the deal to buy Orange Renewables from Singapore’s AT Capital Group for approximately $925 million. As per trusted sourc....
Saudi Aramco plans to invest in new oil refinery at Pakistans Gwadar
The petroleum ministry of Pakistan has reportedly announced to that Saudi Arabia has granted an in-principle approval to invest in a new oil refinery in the Gwadar port. As per trusted sources, the st....
Petrofac secures extension of contract from Chevron North Sea
The oilfield services firm Petrofac has reportedly announced to have procured a one-year extension for the engineering services contract from Chevron North Sea. As per trusted sources, the Engineering....
Saudi & Kuwaiti discussions on shared oil derailed over Chevron Corp.
Discussions between Kuwait and Saudi Arabia to restart two oil fields located in a neutral territory have reportedly been derailed once again. Sources claim, opposing views held by the nations concern....
Norsk Hydro to curtail operations in Brazilian alumina refinery
Norsk Hydro, a Norwegian aluminium and renewable energy company, would reportedly halt operations at Alunorte plant in Brazil, which is the worlds biggest alumina refinery. Apparently, the Alunorte pl....
Shell resumes plan to construct Canadas first LNG export terminal
The multinational oil giant Royal Dutch Shell has reportedly announced to have revived a long overdue liquefied natural gas export terminal in British Columbia. As per trusted sources, the USD 14 bill....
Saudi Arabia shelves $200 billion solar power project with SoftBank
Saudi Arabia has reportedly dropped a $200 billion plan with SoftBank Group Corp focused on building the world’s largest solar power generation project. As per trusted sources, the Saudi Arabian Gov....
Shell and partners announce $31B project to boost Canadian LNG exports
Renowned Anglo-Dutch oil and gas company – Royal Dutch Shell plc (Shell) has reportedly announced that the company and four of its partners have agreed to invest into a $31 billion LNG venture ....