Bussiness

Russia wants Chinese business to replace Western firms, Putin tells…

Posted by March 21, 2023

MOSCOW, March 21 (Reuters) - Moscow is ready to help Chinese businesses replace Western firms that have left Russia over the Ukraine conflict, President Vladimi

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UAE’s ADNOC prices gas business IPO near top of range

Posted by March 3, 2023

ADNOC Gas offer price set at 2.37 dirhams per shareADNOC raises around $2.5 billion from IPOABU DHABI, March 3 (Reuters) - State oil giant Abu Dhabi National Oi

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BP ends 70 years of publishing Statistical Review of World…

Posted by February 28, 2023

LONDON, Feb 28 (Reuters) - BP (BP.L) has decided to end the publication of the Statistical Review of World Energy after more than 70 years and will pass the ben

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China’s CNPC sets up regional offices to manage global portfolio…

Posted by February 24, 2023

SINGAPORE, Feb 24 (Reuters) - China's top oil and gas major CNPC has completed a months-long reshuffle with the addition of six regional offices that report to

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BP goes on offshore wind power global hiring spree

Posted by February 16, 2023

BP aims to double offshore wind team to 800Process of hiring 100 staff to begin in coming weeksLONDON, Feb 16 (Reuters) - BP (BP.L) is set to hire over 100 empl

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Saudi Arabia says tech giants to invest more than $9…

Posted by February 6, 2023

RIYADH, Feb 6 (Reuters) - Saudi Arabia has attracted more than $9 billion in investments in future technologies, including by U.S. giants Microsoft (MSFT.O) and

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Safety improved on world’s first liquid hydrogen carrier after malfunction

Posted by February 6, 2023

MELBOURNE, Feb 6 (Reuters) - A valve failure that caused a flame to flare up briefly on the world's first liquid hydrogen carrier before its first trip from Aus

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Adani’s market losses top $100 bln as shelved share sale…

Posted by February 2, 2023

Market rout deepens in Indian tycoon Adani's sharesAdani Enterprises loses $26 bln in value since reportFalls after Adani pulled share sale, investors spookedAn

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SK Hynix warns chip downturn to worsen in H1, posts…

Posted by January 31, 2023

SK Hynix expects market conditions to gradually improve in H2Posts record operating loss of 1.7 trillion won in Q4Revenue down 38% year-on-year to 7.7 trillion

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Ukraine war to accelerate shift to clean energy, BP says

Posted by January 30, 2023

LONDON, Jan 30 (Reuters) - Russia's war in Ukraine is expected to weigh on long-term energy demand and accelerate the world's shift to renewables and low-carbon

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