US investment firm Apollo is poised to acquire OEG Energy Group, a UK-based energy services company, at a valuation exceeding $1 billion. This move comes as investors…

BYD, the Chinese electric vehicle company supported by Warren Buffett, is making waves in the global auto market once again. Recently, the company’s founder, Wang Chuanfu, introduced…

In a notable recovery from the initial declines seen during the COVID-19 pandemic, utility companies are reported to have invested an impressive $8.8 billion in energy efficiency…

On Monday, Hitachi Energy revealed a major $250 million investment aimed at boosting the production of essential components for electrical transformers. This expansion will significantly enhance output…

Britain’s top energy lobbying group, Energy UK, has criticized the energy regulator, Ofgem, for its “unreasonable and unprofessional” practices. This complaint comes at a critical time for…

In the latest developments from the energy sector, investor attention is fixated on BP as it faces pressure from Elliott Management, a well-known activist hedge fund. This…

Dive Brief: The U.S. Department of Energy has recently authorized an extension for exporting liquefied natural gas (LNG) for the Golden Pass LNG project. This project is…

Opec+ has announced a plan to increase oil production beginning in April, a decision that caught many by surprise and led to a drop in crude oil…