Shell to acquire Singaporean LNG firm Pavilion Energy from Temasek
SINGAPORE: Shell has agreed to buy Singaporean liquefied natural gas (LNG) company Pavilion Energy from global investment company Temasek in…
Energy
Hydropower surge raises aluminium production
Beijing: China’s aluminum production hit a record last month as smelters brought back idled capacity, potentially setting up the market…
Oil prices slip on weaker US consumer demand, rise in China output
NEW DELHI: Oil prices slipped in Asian trading on Monday after a survey on Friday showed weaker U.S. consumer demand…
India in talks with Equinor on oil reserves
NEW DELHI: India is in talks with Norway’s Equinor ASA for its participation in the country’s strategic petroleum reserves, as…
Japan to think about allowing nuclear plant expansions
TOKYO: Japan’s economy ministry is considering allowing the expansion of nuclear plants as older ones are being decommissioned, according to…
Shanghai’s solar carnival belies fight for survival – China’s flagship clean energy industry in dismal state
SHANGHAI: Visitors to the world’s biggest showcase of solar power could be forgiven for not realising just how dismal conditions…
Asia spot LNG prices hit six-month high
SINGAPORE: Asian spot liquefied natural gas (LNG) prices rose to a six-month high this week on the back of cooling…
Oil slips on US growth worries, ample crude supply
OIL prices fell in early trade on Thursday, as investors digested that the U.S. Federal Reserve had likely pushed back…
German clean power sector under scrutiny
Germany’s power system has continued to clean up its act over the first five months of 2024, setting several key…