US approves expansion of green energy transmission
Federal energy regulators have approved a long-awaited rule to make it easier to transmit renewable energy such as wind and…
Category: Energy
Oil prices rise on US inventories drawdown expectations, CPI focus
SINGAPORE: Oil prices rose on Wednesday on expectations for higher demand as the U.S. dollar weakened and a report showed…
Oil steady as investors await US inflation data, OPEC report
SINGAPORE: Oil prices were little changed on Tuesday as investors eyed fresh drivers, including upcoming U.S. inflation indicators and a…
Oil dips on rising US stockpiles, cautious supply expectations
OIL prices fell in Asian trade on Wednesday as industry data showed a pile-up in crude and fuel inventories in…
Shell says it remains committed to mobility business in Malaysia
GLOBAL oil major Shell said on Tuesday that it remains "committed to the mobility business" in Malaysia, after a report…
Oil climbs after Israel strikes Gaza, truce talks continue
SINGAPORE: Oil prices edged higher on Tuesday after Israel struck Rafah in Gaza, while negotiations for a ceasefire with Hamas…
Saudi Aramco maintains dividend despite lower net income in Q1
DUBAI: Saudi Arabia's state-owned oil giant Aramco reported a 14.4% fall in first-quarter net profit on the back of lower…
Shenzhen supercharging stations on the rise
SHENZHEN: In a significant shift in urban mobility, the number of supercharging stations in China’s tech hub, Shenzhen, surpassed that…
Emissions, trade flow impact the G7 coal vow
The energy ministers of the Group of Seven (G7) major democracies vowed this week to end coal use in power…