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SHANGHAI: China's economy will maintain a medium to high rate of growth for a relatively long period of time, the deputy governor of China's central bank said on Thursday.
Pekat Group believes solar PV systems becoming more cost-effective and efficient
HOUSTON: An unprecedented fight over who should sit on the board of Exxon Mobil Corp is turning into a referendum on chief executive officer (CEO) Darren Woods as a decades-long struggle by climate campaigners comes to a head.
NEW YORK: Oil prices rose to an eight-week high on Wednesday as U.S. crude exports plunged and on signs of a speedy economic recovery and upbeat forecasts for energy demand
SINGAPORE: Oil prices rose on Wednesday, extending gains from the previous session after industry data indicated U.S. crude stocks fell much more than expected last week, reinforcing bullish views on fuel demand in the world's largest economy.
NEW YORK: Commodities prices jumped to new highs as signs of economic recovery raised hopes of renewed energy demand and a weaker dollar stoked investor appetite for precious metals.
DUBAI: State-run oil producer Saudi Aramco beat analysts' forecasts on Tuesday with a 30% rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices.
LONDON: Decarbonising energy and other industries globally using hydrogen will require investment of almost $15 trillion between now and 2050, the Energy Transitions Commission (ETC) said in a report on Tuesday.
PARIS: Demand for renewables is set to increase in all key sectors in 2021 and China, which “alone accounts for about half of the increase in global renewable electricity generation, ” plays a critical role, according to chief of the International Energy Agency (IEA).
NEW YORK: Oil prices were little changed on Thursday as concerns over lower crude production in Libya offset expectations that rising coronavirus cases in India and Japan would cause energy demand to decline.