Energy - Global Business Magazine

Analysis: Saudi-Polish deal dents Russian oil dominance in Baltic

Global Business Magazine January 18, 2022

Saudi Arabia’s planned purchase of Polish refining assets is set to put OPEC's top producer in charge of two thirds of Read More

Business News World

Explainer: Oil price spike leaves limited options for Biden

Global Business Magazine January 13, 2022

Two months after U.S. President Joe Biden announced an unprecedented effort among major oil consuming economies to work together to bring Read More

Finance News Technology World

Costa Rica hydro plant gets new lease on life from crypto mining

Global Business Magazine January 11, 2022

A small river in the middle of coffee plantations, sugar cane fields and a forest provides energy to a hydroelectric power plant Read More

Business Economy News World

Oil rises to $82 as demand recovery seen on track

Global Business Magazine January 11, 2022

Oil rose to around $82 a barrel on Tuesday, supported by tight supply and hopes that rising coronavirus cases and the spread of Read More

Business Economy News World

Analysis: Shrink to fit: the year Big Oil starts to become Small Oil

Global Business Magazine January 10, 2022

Europe's Big Oil companies are planning to spend their windfall from high energy prices on becoming Small Oil.Read More

Business Economy News World

Oil holds near $80 after OPEC+ output hike decision

Global Business Magazine January 5, 2022

Oil prices held near $80 a barrel on Wednesday after OPEC+ producers stuck to an agreed output target rise for February and investors Read More

Business News Technology World

LG Energy Solution opens books for South Korea’s largest IPO at up to $10.8 bln

Global Business Magazine January 3, 2022

Korean battery maker LG Energy Solution has opened the books to investors to raise up to $10.8 billion in the country's largest initial Read More

Business News World

Oil prices steady as Omicron caution lingers

Global Business Magazine December 22, 2021

Oil prices were steady on Wednesday as fears of tight supply were offset by COVID-19 concerns after Singapore suspended quarantine-free travel and Read More

Business Economy Featured News

Sempra to sell 10% stake in unit to Abu Dhabi wealth fund for about $1.8 bln

Global Business Magazine December 22, 2021

Energy infrastructure company Sempra Energy (SRE.N) said on Tuesday it would sell a 10% stake in its business platform, Sempra Infrastructure Partners, Read More

Business Economy News World

EXCLUSIVE EnCap merges two Permian oil producers in about $4 bln deal -sources

Global Business Magazine December 14, 2021

EnCap Investments LP has combined two of its portfolio companies in the Permian basin, creating an oil producer worth more than $4 billion Read More

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