On Tuesday, Equinor (EQNR.OL) announced that it has found a new oil and gas reserve near the Troll field in the North Sea. The discovery is estimated to have between
Ncondezi Energy Ltd (AIM:NCCL) Solar Project FS Launched with target NPV $60m
15 July 2022: Ncondezi Energy Limited (“Ncondezi” or the “Company”) (AIM:NCCL) provides an update on its solar photovoltaic (“PV”) and Battery Energy Storage System (“BESS”) project in Tete, Mozambique (the
Russia’s economy set for biggest contraction since 1994, Alexei Kudrin said on Tuesday.
Russia’s economy will contract by more than 10% in 2022, according to Alexei Kudrin, former finance minister. This would be the largest drop in the gross domestic product since 1991,
Equinor shareholders will receive a $10 billion payout
Norway’s Equinor will pay $10 billion to shareholders in this year’s fiscal after reporting record fourth-quarter pretax profits. It joins European competitors in cashing into a boom in oil and
WORLD FACES COVID-19 “VACCINE APARTHEID”
Even countries that hosted vaccine trials — like Argentina, South Africa, Brazil, and Turkey — will not receive adequate supplies.
Europe has woken up to the fact it has a metals problem but is it too late
The region’s production capacity, particularly at the refining and processing stage of the supply chain, has been hollowed out by years of price attrition from lower-cost competitors, first and foremost