Recent Posts

Investment in clean energy drops 17% as China, US scale back

  Bloomberg Clean-energy investment fell 17 percent in the first quarter, keeping pace with last year’s decline, as the US and China both scaled back support for wind and solar farms. The $53.6 billion funneled into projects such as renewable energy, efficiency and electric cars during the first three months of the year marked the lowest investment for the quarter ...

Read More »

Aramco to supply full crude contract volumes to Asia

  Reuters The world’s top oil exporter Saudi Arabia has stepped up sales of light oil to Asia by offering buyers more cargoes on top of the full contract volumes it will provide for May, industry sources with knowledge of the matter said on Wednesday. The offers will add to a glut of light oil supplies in Asia, increasing competition ...

Read More »

Shell was aware of Nigeria oil payments would go to Malabu

  LONDON / REUTERS Royal Dutch Shell was aware that some of the payments it made to Nigeria for rights to an oilfield under a 2011 deal would go to a company associated with former Nigerian oil minister and convicted money launderer Dan Etete, it said in a statement to Reuters. Shell spokesman Andy Norman said the group “always knew” ...

Read More »
Send this to a friend