The integration of artificial intelligence (AI) into crypto mining is revolutionizing both energy usage and global regulations. Key takeaways include: * **Energy Efficiency:** Major firms are realigning operations […]
PetroChina Sees Revenue and Profit Decline: A Closer Look at the Factors
PetroChina, a major player in global energy, has reported its first revenue and net profit decline in five years during the 2025 half-year results conference. This downturn was […]
India Unsettled by U.S.’s Policy Shift on Russian Oil Purchases
India’s foreign minister expressed surprise at Washington’s recent reversal in stance on purchasing Russian oil after the U.S. previously encouraged such purchases to stabilize global energy markets. The […]
European Defense & Energy Stocks Plummet in Tandem
Defense and energy sectors across Europe are experiencing a simultaneous sell-off, mirroring each other’s sharp decline. Both arms manufacturers and investors heavily invested in the energy market are […]
Cango Inc. Acquires 50 MW Bitcoin Mining Facility in Georgia
Cango Inc., a leading player in the Bitcoin mining industry (NYSE: CANG), has announced the acquisition of a fully operational 50 MW mining facility in Georgia, USA, for […]
PowerBank Drives Growth in Renewable Energy Finance, Expanding Solar Portfolio & Integrating Bitcoin
PowerBank Corporation is making significant strides in clean energy finance and technology with a diversified strategy that combines solar development, battery storage solutions, and blockchain integration. The company […]
U.S. Shale Industry Reacts to OPEC’s Oil Flood, Facing Cuts and Market Downturn
The U.S. shale industry is bracing for significant upheaval as cheap oil from OPEC continues to drive prices down below profitable levels. This price war, spearheaded by Saudi […]
BlackRock Secures $11 Billion Deal with Saudi Aramco for Jafurah Gas Project
BlackRock’s Global Infrastructure Partners have secured a significant $11 billion agreement with Saudi Aramco to form the Jafurah Midstream Gas Company. This deal, which encompasses a lease-and-leaseback arrangement, […]
BlackRock, Saudi Aramco Ink $11 Billion Gas Deal
Global investment giant BlackRock has partnered with Saudi Arabian energy company Aramco in a $11 billion deal to acquire Jafurah gas infrastructure assets. The agreement involves a long-term […]
BlackRock Invests $11 Billion in Saudi Aramco Gas Infrastructure
BlackRock has secured a landmark $11 billion deal with Saudi Aramco, bolstering investments in the kingdom’s gas sector. The agreement involves a 20-year lease and leaseback arrangement for […]
BlackRock Invests $11 Billion in Aramco’s Jafurah Gas Project
BlackRock has made a significant move in the global energy sector, securing a $11 billion deal with Saudi Aramco for a leaseback of Jafurah gas assets. This agreement […]
BlackRock Invests $11 Billion in Saudi Aramco’s Gas Infrastructure
BlackRock has signed a landmark $11 billion agreement with Saudi Aramco to invest in the development of natural gas infrastructure linked to the Jafurah Field. This deal strengthens […]
BlackRock Invests $11 Billion in Saudi Aramco’s Gas Infrastructure Project
BlackRock has secured a major investment of $11 billion in Saudi Arabia’s energy sector through a partnership with Aramco. This deal marks a significant milestone for both companies […]
BKV Corporation Announces Strong Q2 Performance and Raises FY 2025 Guidance
BKV Corporation, a leading energy player in the US, reported strong second-quarter results for fiscal year 2025. The company exceeded market expectations, reporting net income of $104.6 million, […]
Hedge Funds Shift Energy Bets as Debt Markets Signal Caution
Hedge funds are undergoing a significant change in their energy investments, moving away from oil and into green sectors. Debt markets are issuing warnings, highlighting potential threats to […]