Recent Posts

Saudi Arabia starts $50 billion renewable plan to cut oil use

  Bloomberg Saudi Arabia is kicking off its $50 billion renewable-energy push as the world’s top crude exporter turns to solar and wind power to temper domestic oil use in meeting growing energy demand. Bidders seeking to qualify to build 700 megawatts of wind and solar power plants should submit documents by March 20, and those selected will be announced ...

Read More »

China N-push stalled by next-gen reactors

  Bloomberg China’s decision to approve its first new nuclear reactors in two years may need to wait for its success starting up the world’s first next-generation units. Plans to green-light eight reactors this year in the world’s fastest-growing nuclear market, announced last week, could depend on whether it’s able to complete some of the world’s most-advanced facilities, including Westinghouse ...

Read More »

Noble, Barclays work on $1bn Tamar stake sale

  Bloomberg Noble Energy Inc. is working with Barclays Plc on the sale of a 7.5 percent stake in the offshore Tamar natural gas field, according to people with knowledge of the matter. The company and its advisers — which include another unidentified bank — are approaching institutional investors for the sale, which may be worth between $1 billion and ...

Read More »
Send this to a friend