Power & Energy

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    ‘Green fuel’: Bananas to help wean Angola off oil

    Agence France-Presse . Caxito | Updated at 12:00am on November 26, 2018

    Boxes of still-green bananas were shifted one-by-one from a towering stack of crates into a refrigerated shipping container....

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    Businesses seek viable LNG pricing

    Staff Correspondent | Updated at 12:00am on November 25, 2018

    Gas-dependent heavy industry owners said on Saturday that economically viable energy pricing was a must to sustain in the globally competitive market as imported costly...

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    Oil hits year low as OPEC considers output cut

    Reuters . London | Updated at 12:00am on November 24, 2018

    Oil prices fell to their lowest in a year on Friday, on course for their biggest one-month decline since late 2014, even as oil producers...

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    Asian LNG prices dragged down by oil slide, heavy supply

    Reuters . Singapore | Updated at 12:00am on November 24, 2018

    Asian spot prices for liquefied natural gas (LNG) tumbled nearly 10 per cent this week to a more than three-month low, knocked lower by a...

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    Oil prices, stock markets slide

    Agence France-Presse . New York | Updated at 12:00am on November 17, 2018

    Global equities sank deeper into the red on Friday following dour economic news from China while a slump in oil prices deepened.US investor appetite was...

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    Germany eases diesel vehicle bans

    Agence France-Presse . Frankfurt | Updated at 12:00am on November 16, 2018

    The German government will ease air pollution law so as to spare cities that only slightly exceed limits on harmful nitrogen dioxide (NO2) from diesel...

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    Pakistan goes against the grain with coal power spree

    Agence France-Presse . Islamkot | Updated at 12:00am on November 16, 2018

    In Pakistan’s bleak Thar desert, the roar of trucks is constant at a massive Chinese-backed coal power project the government sees as an answer to...

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    Trudeau hails Summit’s effort to bring LNG

    Business Desk | Updated at 12:00am on November 15, 2018

    Canada prime minister Justin Trudeau has appreciated Summit’s effort to bring LNG, said a press release....

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    Major oil producers to consider cuts

    Agence France-Presse . Dubai | Updated at 12:00am on November 12, 2018

    Major oil producers meet in Abu Dhabi on Sunday to consider reverting to output cuts after a sharp slide in crude prices revived fears of...

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    Angola and Total launch new $16b offshore oil platform

    Agence France-Presse . Angola | Updated at 12:00am on November 11, 2018

    Angola and French oil giant Total formally launched a major new offshore oil project Saturday to aid the country’s economy that plunged into crisis following...