Startup EnerVenue Wins First Major Battery Storage Deal in China
(Bloomberg) — Battery-storage startup EnerVenue Holdings has signed its first major commercial contract with a Chinese oil and…
Australia Softens LNG Reservation Plan, Making 20% Domestic Gas Requirement a Cap
(Bloomberg) — Australia eased plans to force liquefied natural gas exporters to reserve supplies for domestic users, replacing…
How China’s green tech is undercutting Trump’s ‘drill, baby, drill’ oil strategy in Africa
In the US, the push is on to “drill, baby, drill”. In China, the national strategy is to…
Opec producers agree to raise output from June in first move since UAE exit
Seven Opec nations agreed on Sunday to raise collective production by 188,000 barrels per day in June, pressing…
uae quits opec opec+ may 1 impact on india oil imports uae opec oil prices
The UAE will leave OPEC and OPEC+ – the world’s largest oil-producing blocs, which control 40-50 per cent…
‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPEC
The decision was shocking. But the announcement April 28 that the United Arab Emirates was leaving OPEC caps…
While Asia is vulnerable, China, Malaysia are buffered from oil shocks – JP Morgan analyst
KUALA LUMPUR: A senior JP Morgan analyst says China and Malaysia stand out in Asia as markets that…
Permian Basin Economy Slows Under the Shadow of Cheap Venezuelan Oil
The United States is rushing to sell off millions of barrels of Venezuelan oil after the Trump administration…
Has Trump landed a dud with his Venezuelan oil play?
There’s been uproar and condemnation aplenty over America’s sudden assault on the once enshrined concept of national sovereignty,…
Australia to Require Up to a Quarter of New Gas for Local
(Bloomberg) — Australia will require natural gas exporters to reserve as much as a quarter of new production…
Australia Passes Landmark Law Overhauling Nature Protection
(Bloomberg) — Australia passed a landmark bill to overhaul the nation’s environmental laws after Prime Minister Anthony Albanese’s…
UBS Sees Brent Oil Prices Staying in the High $60s in Tight Market
Brent Crude oil prices are set to stay in the near term at the upper end of the…