Norwegian socialist lawmak- ers are stepping up pressure to review the country’s $1tn wealth fund’s investments in Saudi Arabia after the killing of journalist Jamal Khashoggi. In a proposal to parliament put…
Macron issues call for a ‘new era’ in Europe
PA/Reuters/Berlin French President Emmanuel Macron and German Chancellor Angela Merkel presented a united front in the face of multiple challenges for Europe as the French leader visited Berlin yesterday. “Today we must…
Energy firms dive with oil in Asia; major markets fall into negative territory
AFP/Hong Kong Asian energy firms took another battering yesterday after oil prices suffered their worst day in three years, while most of the region’s major equity markets fell into negative territory. The…
Pakistan govt plans to privatise two RLNG-fi red power plants
The Privatisation Commission (PC) board has asked National Power Parks Management Company Limited (NPP- MCL) to come up with a detailed working pa- per on proposed privatisation of two regasi- fi ed…
40-Year-Old Renewable Energy Law’s Due for a Revamp
A 40-year-old law that’s been key to the growth of renewable energy in the U.S. may be due for an overhaul. Much has changed since the Public Utility Regulatory Policies Act, called…
GE seeks to raise $4bn with sale of Baker Hughes stake
General Electric Co yesterday unveiled a plan to raise about $4bn by accelerating a proposed sale of a stake in oilfield services provider Baker Hughes, its latest move to simplify its businesses…
Chevron, Exxon Mobil Weigh Bids for Endeavor Energy
Chevron Corp. and Exxon Mobil Corp. are among the companies considering first-round bids this month for closely held oil producer Endeavor Energy Resources LP, according to people with knowledge of the matter. The two oil majors…
Trump presses Saudi over oil as ties fray further
President Donald Trump took aim at Saudi Arabia’s plan to cut oil pro- duction on Monday, injecting new tension into an already fraught alliance that has been clouded by US concerns over…
Lysys group takes part in Milipol Qatar
Tribune News Network Doha Lysys group of companies continues to demonstrate strong commitment to the Qatari market with its participation at Milipol Qatar, the international event for homeland security and civil defence…
U.S. judge halts Keystone XL oil pipeline in blow to Trump, Trudeau
WINNIPEG, Manitoba/NEW YORK, Nov 9 (Reuters) – A U.S. judge in Montana has blocked construction of the Keystone XL pipeline designed to carry heavy crude oil from Canada to the United States,…