China’s three state-owned oil companies are boosting domestic and overseas investment with the aim of increasing crude oil and natural gas output.

The Qatari-Russian Business Council has signed a memorandum of understanding (MoU) between Qatar and Russia on co-operation, investment and information exchange during its regular meeting held in Moscow.

Austrian power grid operator APG plans to invest Eur2.5 billion over the next 10 years to future-proof its network against a massive expansion of wind and solar, it said.

Investors with a long-term horizons could give a look to Energy Industry. According a Value Line Report on Petroleum Industry, Oil Price above $50 a barrel provide some assurance that existing dividend will be maintained.

The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Such investments shall be subject to the same profitability and transparency requirements as the other investments of the Fund, says Siv Jensen, Minister of Finance.

Aramco’s gas expansion strategy needs $150 billion of investment over the next decade as the company plans to increase output and later become a gas exporter, Nasser had said in November.

The Dubai Electricity and Water Authority (DEWA) and a consortium led by Saudi Arabia’s ACWA Power and the Chinese-government owned Silk Road Fund have completed financing of the 950 MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, it was announced on Sunday.

Italy’s Terna said on Thursday it would spend a record 6.2 billion euros ($7.1 billion) on its power grid to deal with the shift towards the production of more renewable energy.

Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).

The Gazprom Board of Directors expressed its approval the Company’s ongoing work on its major investment projects.