Global refiners plan to reduce oil production in spring
China, the second-largest fuel consumer has been walloped the most by the pandemic
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Life Science Vision Capital to invest $70 mn in Indian science startups and healthcare
The latest investment has already received a commitment of nearly half of the corpus
Standard Bank adds partners to its cardless transaction application
The payments platform allows customers to send and receive money without the need to have a bank account number
ZTO Express to raise HK$12.1 billion as part of secondary listing in Hong Kong
The company is seeking retail investors to sell 2.25 million shares
BP will add 20 GW of solar and wind generating capacity by 2025
The company has inked a 1.1-billion deal with Norway’s Equinor to acquire half of its offshore wind assets in the US
Shurooq plans to boost Sharjah’s economy through large scale projects
The organisation has partnered with global firms to launch new projects and vowed to remain available to investment opportunities
OPEC+ nations seek rebound in crude oil supply after production cuts
Brent crude recorded a loss of 10 percent in the past two weeks
DP World plans to privatise Israel’s Haifa Port
Both companies will establish direct shipping route from Dubai’s massive Jebel Ali port to Eilat
Indonesia injects Rp 37.38 tn capital into state-owned enterprises to boost economy
Indonesia’s budget for 2021 is less than the current year’s Rp 51 trillion
Total’s subsidiary will develop solar energy system for Singapore LNG
The system expects to produce around 800 megawatt hours (MWh) of renewable energy