South Africa’s ‘quiet revolution’ as those with cash go solar

Power crisis drives South Africans to solar PV Cost barrier widens the gap between rich and poor Not selling back to the net a missed opportunity JOHANNESBURG, Aug 15 (Reuters) – Thanks to his solar panels on the roof, Pierre Moureau only notices the blackouts that regularly plunge South Africans into darkness when complaints surface … Read more

China boosts fuel exports in August, but shipments drop to 7-year low in 2022

A pumpjack is seen at the Sinopec-operated Shengli oil field in Dongying, China’s Shandong province, 12 January 2017. Photo taken on January 12, 2017. REUTERS/Chen Aizhu/File Photo Register now for FREE unlimited access to Reuters.com Register Shipments of diesel, petrol and jet fuel drop by 30%-40% from 2021 August diesel exports to top 1 million … Read more

Saudi Arabia’s Kingdom Holding Invests in Russian Energy Companies

Aug 14 (Reuters) – Saudi Arabia’s Kingdom Holding (4280.SE) invested between February 22 and March 22 in Russian energy groups Gazprom (GAZP.MM), Rosneft (ROSN.MM) and Lukoil (LKOH.MM), on Twitter on Sunday. Many Western countries have imposed sanctions on Russian energy companies and their executives following the Russian invasion of Ukraine on February 24. Kingdom Holding’s … Read more

US says India hid Russian origin of fuel shipped to US, India’s central banker says

Reserve Bank of India (RBI) deputy governor Michael Debabrata Patra arrives at a press conference following a monetary policy review in Mumbai, India Feb. 6, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register NEW DELHI, Aug. 13 (Reuters) – The United States has expressed concern to India that it was being … Read more

Spain festival stage collapse: one dead, dozens injured

MADRID, Aug. 13 (Reuters) – One person was killed and dozens injured when high winds caused part of the main stage to collapse at a dance music festival near the Spanish city of Valencia in the early hours of Saturday, regional emergency services said. Other infrastructure was also damaged when wind gusts hit the Medusa … Read more

Five Chinese state-owned companies are delisting from NYSE

SHANGHAI/HONG KONG, Aug. 12 (Reuters) – Five Chinese state-owned companies, including China Life Insurance (601628.SS) and oil giant Sinopec (600028.SS) said Friday they would delist the New York stock exchange amid heightened diplomatic and economic tensions with the United States. The companies, which also include Aluminum Corporation of China (Chalco) (601600.SS), PetroChina (601857.SS) and Sinopec … Read more

Oil dips lower as halted Russian pipeline flows appear temporary, demand fears mount

Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, US Nov. 22, 2019. REUTERS/Angus Mordant Register now for FREE unlimited access to Reuters.com Register Russia’s oil exports halted via southern leg of Druzhba . pipeline EU proposes ‘final’ text to revive Iran nuclear deal … Read more

Ukraine halted oil flows to Europe over payment difficulties, Russia’s Transneft . says

The receiving station of the Druzhba oil pipeline between Hungary and Russia is seen at the Danube Refinery of the Hungarian MOL Group in Szazhalombatta, Hungary, May 18, 2022. REUTERS/Bernadett Szabo/File Photo Register now for FREE unlimited access to Reuters.com Register Ukraine Pipeline Operator Was Paid, But Money Back – Transneft Shipments stopped since 4 … Read more

Oil falls amid recession fears, slow recovery of imports from China

FILE PHOTO – An oilfield worker works on a pump jack at PetroChina’s Daqing oil field in northeast Heilongjiang province, Nov. 5, 2007. REUTERS/Stringer (CHINA) Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Aug. 8 (Reuters) – Oil prices fell on Monday and remained near their multi-month low as recession fears hurt demand … Read more

Russia Bans Western Investors From Selling Banking And Key Energy Holdings

Russian President Vladimir Putin chairs a meeting on the development of the country’s metallurgical sector, via video link in the Kremlin in Moscow, Russia, Aug. 1, 2022. Sputnik/Pavel Byrkin/Kremlin via REUTERS Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia, where the law limits coverage of Russian military operations … Read more