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Oil prices up over 3% for week ending April 30
- Positive oil demand forecasts help bullish oil prices while rising virus cases keeps demand fears fresh
Oil prices down as demand fears counter recovery hopes
- Boosted by positive projections of major oil producers, both benchmarks gained more than 10% in April
Brazil's Petrobras loses billions after removal of CEO
- President Jair Bolsonaro announces intention to appoint general to head state-owned oil company
24/7 power with Turkey’s new mobile monitoring system
- Mobile SCADA system enables control of distributors' power grids during natural disasters and terror attacks
Petrobras increases oil sales despite pandemic crisis
- Petrobras’s export of oil and oil by-products increases by 5% compared to second quarter, company says
Poland's anti-monopoly watchdog fines Gazprom
- UOKIK sanctions Gazprom, Engie Energy, Uniper, OMV, Shell and Wintershall
World Bank funds solar project to power 1.4M Ugandans
- Only one in 5 Ugandans living in rural areas have access to sufficient electricity
Petrobras oil production down due to reduced demand
- Company says it is facing sharp oil price drop, demand decline and market supply surplus
Chevron agrees to buy Noble Energy for $5 billion
- Deal will add Noble's hydrocarbon reserves to Chevron's portfolio
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Latin America’s poor to total 230 million by year’s end
- Coronavirus will leave 45 million more people in poverty compared with 2019, says UN report
BRICS to discuss Bolivia, Venezuela, economic climate
- Main topics also include promotion of technology and strengthening cooperation in fight against transnational crime
14.11.2019
General
Brazil to accept G7 Amazon funds if Macron apologizes
- Bolsonaro says Macron called him ‘liar,’ questioned ‘our sovereignty’
BP to join Bunge in new ethanol venture in Brazil
- Joint venture to have 32 million metric tonnes of combined crushing capacity per year
Vestas secures 97 MW wind order in Brazil
- Danish company's firm order intake for V150-4.2 MW turbines in country surpasses 1 gigawatt-mark in seven months
Enel sells 540 MW of renewable capacity in Brazil
- China's CGNEI buys solar plants Nova Olinda (292 MW) and Lapa (158 MW), and 90 MW Cristalandia wind farm for around €660 million
European consortium launches carbon capture project
- Industrial-scale project has €19.3 milion budget and is part of Horizon 2020, EU’s research and innovation program
Eni begins build of 10 MW solar plant in Tunisia
- Project awarded to ETAP-Eni consortium following public tender and will supply national grid with 20 GW/h/year of electricity
Engie to sell its German, Dutch coal assets
- French energy group signs agreement with global investment firm Riverstone Holdings LLC
Saudi Aramco to buy Shell's share in SASREF refining JV
- Following transaction, Saudi Aramco will own 100 percent of joint venture located in Saudi Arabia's Jubail Industrial City
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Saudi Aramco to acquire stake in Hyundai Oilbank
- Subsidiary Aramco Overseas Company B.V to purchase 17 percent stake in South Korean oil refining company
Vestas acquires 25.1% stake in German SOWITEC
- Acquisition of minority stake comes with option to buy entire company within three years
Engie, Tokyo Gas to establish renewables JV in Mexico
- Heolios EnTG will develop, finance, construct, own, operate and maintain two wind and four solar projects
EC fines GE €52 million in relation to LM Wind takeover
- European Commission says General Electric provided incorrect information during merger investigation
France's Engie inaugurates first mini-grid in Zambia
- Energy group aims to develop 2,000 mini-grids by 2025 in Africa for access to renewable, reliable and cost-effective energy
Saudi Aramco to buy 70 pct stake in petrochem. firm SABIC
- Riyadh-based companies have petrochemicals production capacity of 17 and 62 million tons per year, respectively
Indian consortium to explore Abu Dhabi Onshore Block 1
- ADNOC awards oil, gas exploration rights in large block near Ruwais refining, petrochem hub to Indian Oil & Bharat Petroleum
Vestas secures 96 MW wind farm order in Mexico
- Engie's Eolica Tres Mesas IV project in Tamaulipas to feature first 150-meter Vestas rotors in country
Trump says intent on giving Brazil NATO upgrade
- 'We are going to look at that very, very strongly in terms of whether it’s NATO or something' else, says US president