Global investment firm KKR has agreed to acquire EDF Power Solutions North America in a landmark $4.2-billion deal, marking the largest single renewable energy investment in the company’s history. The purchase...
About 10 million barrels of Saudi crude have cleared the Strait of Hormuz in recent days, as supertankers continue to load oil from the Saudi port of Ras Tanura...
Shell has struck a deal to sell a 50% stake in the Na Kika oil platform and related assets to Talos Energy and Ridgewood Energy, with the price tag...
U.S. companies are set to spend some $50 billion on power generation from coal and natural gas this year, the International Energy Agency has said. This would be the...
The Democratic Republic of Congo (DRC), Africa’s second-largest diamond producer, is taking another step toward capturing more value from its vast mineral wealth by shifting from simply exporting rough...
China’s central bank launched overnight reverse repo operations on Monday (Jun 29), a move markets interpreted as deepening its control over liquidity conditions and aligning its policy framework more...
China’s manufacturing activity expanded faster than expected in June, with high-tech production climbing on demand tied to the global artificial-intelligence investment boom while real estate development and consumer goods production...
China Resources New Energy’s Shenzhen initial public offering drew about 6.4 trillion yuan (S$1.2 trillion) in bids from retail investors, a filing showed on Tuesday (Jun 23), as demand...
Central banks around the world are planning to reduce their holdings of U.S. dollars over the coming decade for the first time, reflecting growing concerns over geopolitical risks and...
Samsung Electronics Co and SK Hynix Inc are preparing to announce hundreds of billions of dollars worth in new investments on Monday, according to South Korean media reports this...