Total declares force majeure on Mozambique LNG project
French energy group Total on Monday declared force majeure on its $20 billion Liquefied Natural Gas (LNG) project in Mozambique and withdrew all personnel from the site because of...
Asian shares shake off U.S. tax fears; cryptocurrencies slump
Asian shares advanced on Friday, lifted by rising Chinese blue-chips and a decision by the European Central Bank to maintain stimulus, while investors largely shrugged off the impact of...
Pope promises Lebanon visit, calls for end to political deadlock
Pope Francis promised Lebanon’s Prime Minister-designate Saad al-Hariri on Thursday that he would visit the country but only after political forces put aside differences for the good of the...
Factbox: Pandemic brings forward predictions for peak oil demand
The COVID-19 pandemic this year has dented oil consumption and brought forward forecasts by energy majors, producers and analysts for when the world’s demand for oil may peak.FILE PHOTO:...
Shell to trial use of hydrogen fuel cells for ships in Singapore
Royal Dutch Shell said on Wednesday it was conducting a feasibility study with partners to trial the use of hydrogen fuel cells for ships in Singapore, the first such...
Asian shares at highest since early March, weak dollar boosts commodities
Asian shares hit a six-and-a-half week top on Tuesday, shaking off an initial drag from tech-driven Wall Street losses, while the dollar stayed at multi-week lows against most other...
Oil slips as rising infections spark demand concerns
Oil prices were lower on Monday as rising coronavirus infections in India and other countries prompted concerns that stronger measures to contain the pandemic will hit economic activity, along...
Orsted makes $631 million onshore wind acquisition in Ireland
Renewable energy group Orsted has agreed to buy Brookfield Renewable’s Ireland and UK onshore wind business, its first step into Europe’s onshore wind market, in a deal valued at...
RWE plans to bring Australian ‘green’ hydrogen to Europe
Germany’s RWE plans to bring hydrogen produced in Australia to Europe, as big energy firms look to create new global routes for the cleaner alternative to fossil fuels.
China says to hold talks with Kerry in Shanghai on COP 26
China’s special climate envoy, Xie Zhenhua, will meet with his U.S. counterpart John Kerry in Shanghai this week and exchange views on a key United Nations climate conference, the...
