Ras Al Khaimah / Emirates Business With proven hydrocarbon reserves in place, diverse exploration plays, easily accessible existing infrastructure, attractive production sharing terms and commercialization plans, plus a team of international experts already working on the ground, the tendering process to explore for oil and gas resources in Ras Al Khaimah has received positive interest on a global scale. Launched ...

Bloomberg The Chinese government’s moves to ramp up renewable energy consumption have sparked optimism over the future of China Longyuan Power Group Corp, the country’s biggest wind power producer. Around half of the 29 analysts covering Longyuan have raised their price targets for its Hong Kong-listed stock over the past month, according to data compiled by Bloomberg. Following a 29 ...

Bloomberg Santos Ltd. rejected Harbour Energy Ltd.’s $10.9 billion final offer and terminated talks. The Australian oil and gas producer said its independent directors, managing director and chief executive officer unanimously decided to reject the proposal because it didn’t represent the full value of the company. Oil prices and shares of its peers traded in Australia have rallied 14 percent ...