Business : Page 12

U.S. drillers add oil and gas rigs for first time in five weeks to 590

September 13, 2024 U.S. energy firms this week added oil and natural gas rigs for the first time in five weeks, Baker Hughes says.

OPEC Fund approves close to US$1.2 billion new development funding

September 13, 2024 The OPEC Fund for International Development is significantly stepping up its development support with nearly US$1.2 billion in new funding since June.

UK secures $10.5B Amazon investment

September 13, 2024 The UK confirmed an £8 billion ($10.45 billion) investment from Amazon Web Services (AWS) to build, operate, and maintain data centers, according to a statement by the Treasury.

Slovak FM: Russian oil supply to Slovakia secured

September 13, 2024 The supplies of Russian oil via the Druzhba pipeline to Slovakia have been secured, Slovak Foreign and European Affairs Minister Juraj Blanar said Wednesday.

U.S. oil rigs number fell by 1

September 6, 2024 U.S. oil rigs number fell by 1 in the week to September 6 to 582, Baker Hughes reported.

Massachusetts and Rhode Island announce largest offshore wind selection in New England history

September 6, 2024 Massachusetts and Rhode Island announced today the selection of 2,878 megawatts (MW) of offshore wind in the first coordinated procurement of its kind.

Jordan, UAE sign $2.3bln railway deal

September 6, 2024 Jordan and the United Arab Emirates (UAE) signed four investment agreements totaling 2.3 billion U.S. dollars on Wednesday to build a railway project connecting Jordan\'s mining areas with the country\'s only port city, Aqaba.

U.S. rig count fell by 2 to 583

August 30, 2024 The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday.

EU backs Finland’s Keliber project with €150 million to strengthen lithium supply for electric vehicles

August 30, 2024 The European Investment Bank (EIB) has announced a €150 million loan to support the development of the Keliber lithium project in Finland.

Sri Lanka inaugurates first LNG power plant

August 30, 2024 Sri Lankan President Ranil Wickremesinghe on Wednesday inaugurated a 350-megawatt power plant that can be operated on liquefied natural gas (LNG), the president\'s media division said.

Australia greenlights $19bn solar project to export power to Singapore

August 30, 2024 SunCable has achieved another major regulatory milestone, receiving approval from the Commonwealth Government for the Australian component of its flagship project, Australia-Asia Power Link (AAPowerLink).

U.S. drillers cut oil and gas rigs to 585

August 23, 2024 U.S. energy firms this week cut the number of oil and natural gas rigs, Baker Hughes said.