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Category OIL
India urged to synchronise renewable expansion with demand
On Friday, an advisor to the power ministry stated that Indian renewable energy developers should synchronise their expansion strategies with accu...
Aug, 22, 2025
by Invezz
China Concord to invest $1B in Venezuelan oilfields amid US sanctions
China Concord Resources Corp (CCRC) is developing two oilfields in Venezuela with investment plans exceeding $1 billion and ramping up crude produ...
Aug, 22, 2025
by Invezz
Cenovus to acquire MEG Energy in $5.6B deal, forming oil sands giant
Cenovus Energy said on Friday it will acquire MEG Energy in a cash-and-stock deal worth C$7.9 billion ($5.68 billion), including debt, creating on...
Aug, 22, 2025
by Invezz
Critical gas compressor station hit as Russia intensifies strikes in Ukraine
In a significant escalation of attacks despite US peace efforts, Russia targeted a crucial gas compressor station in eastern Ukraine, impacting ga...
Aug, 21, 2025
by Invezz