Now, it’s chasing renewable-energy assets in India and Vietnam and electricity generation in Europe, to add to $7.7 billion of investments announced in July by its chemical, power and refining units. It’s the first time the downstream businesses have made major acquisitions overseas and the total so far in 2021 already exceeds the group’s record […]
Reliance Industries Ltd., which gets 60 per cent of its revenue from oil refining and petrochemicals, plans to spend 600 billion rupees on four “giga factories” to make solar modules, hydrogen, fuel cells and to build a battery grid to store electricity. The move toward green by the Mumbai-based giant, which reported an annual revenue […]
European renewable-energy stocks, battered for much of this year, present a buying opportunity because their growth story remains intact. The way Goldman tells it, with governments promising to phase out fossil fuels and the environmental, social and governance mantra still resonating, the sector is bound to eventually provide rich rewards for the long-term investor. “For […]
“It has been fascinating to watch these companies and other oil producers respond to this pressure by branching out into every conceivable corner and pocket of the wider energy market over recent months and years. This includes over 25 years of financial and operating data for the world’s biggest and most significant oil and gas […]
Over the past 24 hours, both Cheniere Energy and Sempra Energy, two of the largest American exporters of liquefied natural gas, announced they were looking to add carbon capture and sequestration capabilities to their projects. The moves come as the industry works to clean up its image and bring a dozen stalled projects into development […]