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Japan energy producers look to partnerships to tap $21 billion gas market

  Bloomberg In the increasingly competitive world of Japan’s energy market, there may be safety in numbers. Gas sellers from the nation’s smaller utilities to even its biggest oil refiner are considering clubbing together to get cheaper fuel from their suppliers and help them undercut competitors in the 2.4 trillion yen ($21 billion) retail gas market, which the country is ...

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Aramco weighs $5bn of renewable deals

    Bloomberg Saudi Aramco, the world’s largest oil company, is considering as much as $5 billion of investments in renewable energy firms as part of plans to diversify from crude production, according to people with knowledge of the matter. Banks including HSBC Holdings Plc, JPMorgan Chase & Co. and Credit Suisse Group AG have been invited to pitch for ...

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Lukoil seeks Middle East crude projects for growth as Iran opens

  Bloomberg Lukoil PJSC is seeking opportunities for growth in the Middle East as Iran opens more of its oil fields to international partners, according to the Russian energy company’s regional head. The Moscow-based company plans to add output from the region to existing operations in Iraq and Egypt as long as it finds projects with production costs as low ...

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