The Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) started 2026 with a 2% gain in the first week. With $1.3 billion in assets and a 0.084% expense ratio, FENY offers pure-play exposure to U.S. energy companies, from oil majors like Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) to midstream giants like Williams Companies (NYSE:WMB). The fund's 196% return over five years demonstrates the sector's recovery from pandemic lows, though recent performance has been measured with oil prices hovering in the mid-$50s ...

Core Viewpoint - The White House is organizing a meeting with major U.S. and international oil companies to explore potential investments in Venezuela's energy sector, aiming to revive crude oil production in the country affected by sanctions [1] Group 1 - The meeting is scheduled for Friday and involves significant stakeholders in the oil industry [1] - The administration is considering various strategies to increase crude output in Venezuela [1] - The focus is on addressing the challenges posed by existing sanctions on Venezuela's energy sector [1]

【环球时报综合报道】据路透社1月6日报道，根据伦敦证券交易所集团的初步数据，随着新工厂陆续开 始投产，美国液化天然气出口量在2025年首次超过每年1亿吨，位居世界第一。为强化天然气出口优 势，美国盯住了日本，希望日企承担阿拉斯加天然气项目。据日本《每日新闻》1月3日报道，此前，日 方承诺以规模达5500亿美元的对美投资，来换取关税税率的下调。阿拉斯加天然气项目便是这笔投资方 案的候选项目之一。但越来越多来自民间的声音表示，日企不愿为此过多买单。 据日媒报道，这条将天然气从阿拉斯加北岸输送到南岸的管道全长约1300公里。项目建成后，当地生产 的液化天然气将由大型货轮装载，跨越太平洋出口至日本、韩国等国家。这将是美国历史上规模最大的 能源投资项目，仅建设成本预计就高达108亿至149亿美元。特朗普政府目前正寻求日本、韩国等国的合 作，希望能共同承担这笔巨额投资。 作为化石燃料几乎100%依赖进口的国家，日本政府正寻求长期降低对俄罗斯的依赖。尽管从盟友美国 进口似乎是一个不错的方案，但在业界，许多人对此态度冷淡，称其"成本高昂且缺乏经济合理性"。一 家日本贸易公司的负责人指出："与同等规模的项目相比，前期基建成本占 ...

中化新网讯 近日，沙特阿美公司宣布，该公司正计划收购印度一座新建炼油厂20%的股权。这座炼油 厂计划由印度国有炼油企业巴拉特石油公司(BPCL)建设，总投资约110亿美元，选址于印度南部东海岸 的拉马亚帕特南港，设计加工能力为每天18万至24万桶。 目前，BPCL在印度运营着三座炼油厂。印度炼油商正积极扩大原油加工和石化产能，以满足国内不断 增长的需求。对沙特而言，此举旨在锁定其原油在亚洲关键市场的长期销售渠道。据悉，沙特阿美还在 与印度石油天然气公司(ONGC)就古吉拉特邦的另一座计划炼油厂进行投资谈判。 作为印度第二大国有炼油商，BPCL计划向外部投资者出售30%至40%的股权。除沙特阿美外，印度石 油有限公司(OIL)将持股近10%，另有4%至5%的股权拟出售给意向银行。BPCL已于去年早些时候获得 了项目所需的6000英亩土地。根据安得拉邦政府要求，该炼化项目需在2029年1月前投入商业运营。 ...

Core Insights - The energy investment in China is expected to show strong growth and transition towards greener and newer sources, with a projected completion investment of 3.54 trillion yuan in key energy projects for the year, representing an 11% year-on-year increase [1] Investment Trends - Significant investments are noted in nuclear power, onshore wind power, distributed photovoltaic, and power grids, while new energy storage, charging and swapping infrastructure, and hydrogen investments are growing rapidly [1] - Private enterprises are actively participating in energy investments, with a year-on-year increase of 15% in completed investments [1] Policy and Mechanisms - The National Energy Administration and relevant departments are establishing and improving mechanisms for private enterprises to participate in nuclear power projects, with all 10 newly approved nuclear power units in 2025 expected to attract private capital, with a maximum shareholding of 20% [1] - Initiatives are being taken to encourage private investment in hydropower projects like Danba and to support market-oriented participation in oil and gas pipeline projects, along with the approval of four large private coal mine projects [1]

Core Insights - Africa's daily crude oil consumption is projected to surge from 1.8 million barrels in 2024 to 4.5 million barrels by 2050, positioning the region as a significant frontier for energy investment globally [2] Investment Needs - To meet future demand and reverse the current dependency on imports, Africa requires over $100 billion in investments in the refining sector by 2050 for upgrading existing facilities, expanding capacity, and developing new clean fuel projects [2] Challenges - The investment landscape faces two main obstacles: 1. Fragmented fuel standards across 46 countries, leading to multiple specifications that hinder regional trade and economies of scale [2] 2. Underdeveloped infrastructure, with logistics costs adding an extra $20-30 per ton of fuel, diminishing market competitiveness [2] Strategic Recommendations - The African Refining and Distribution Association (ARDA) has proposed a systematic transformation blueprint that includes unifying fuel standards, rebuilding end-to-end supply chains, enhancing the regulatory environment, and creating a bankable project portfolio [2] Market Potential - The downstream energy sector in Africa is identified as the last major high-growth investment frontier globally, necessitating industrial modernization to convert demographic dividends into tangible development momentum [2]

Core Viewpoint - Energy investment in China has shown strong growth this year, focusing on safety and transformation, with a projected completion investment of 3.54 trillion yuan, representing an 11% year-on-year increase [2] Investment Trends - Significant investments are observed in nuclear power, onshore wind power, distributed photovoltaic, and power grids, with rapid growth in new energy storage, charging infrastructure, and hydrogen energy [2] - Private enterprises have actively participated, with their investment completion amount increasing by 15% year-on-year [2] Policy and Mechanisms - The National Energy Administration has established mechanisms to facilitate private enterprise participation in nuclear power projects, with all 10 newly approved nuclear units this year involving private capital, with the highest share reaching 20% [2] - Support for private enterprises to invest in hydropower projects and oil and gas pipeline projects is being promoted under market principles, along with the approval of four large private coal mine projects [2]

Core Insights - Energy investment in China has shown strong growth this year, focusing on safety and transformation, with an expected completion of 3.54 trillion yuan in key energy projects, representing an 11% year-on-year increase [1] Investment Trends - Significant investments are noted in nuclear power, onshore wind power, distributed photovoltaic, and power grids, with rapid growth in new energy storage, charging and swapping infrastructure, and hydrogen [1] - Private enterprise investment has increased by 15% year-on-year, indicating a robust participation from various investment entities [1] Policy and Mechanisms - The National Energy Administration has established mechanisms to facilitate private sector participation in nuclear power projects, with all 10 newly approved nuclear units this year involving private capital, with the highest share reaching 20% [1] - Support for private enterprises to invest in hydropower projects and oil and gas pipeline projects is being promoted under market-oriented principles, along with the approval of four large private coal mine projects [1]

Core Insights - The energy investment in China is experiencing strong growth, with a projected investment of 3.54 trillion yuan in key energy projects by 2025, representing an 11% year-on-year increase [1] - The "14th Five-Year Plan" has led to significant increases in energy investment, with annual investments surpassing 4 trillion, 5 trillion, and 6 trillion yuan, providing robust support for China's modernization efforts [1][2] Investment Trends - Energy investment accounts for nearly 10% of total fixed asset investment in China, highlighting its critical role in economic stability [2] - Investment in key sectors such as electricity and heat production has seen growth rates exceeding 20%, contributing significantly to overall economic growth [2] - Despite a decline in overall fixed asset investment from January to November 2025, investment in key energy projects has continued to rise, particularly in nuclear power, onshore wind, distributed solar, and grid infrastructure [2] Supply Security - Since 2021, state-owned energy enterprises have been responsible for approximately 80% of crude oil, 70% of natural gas, and 60% of electricity supply, increasing China's energy self-sufficiency from around 80% to over 84% [3] - The coal supply has been reinforced, and oil and gas production has reached historical highs, effectively managing peak electricity loads [3] Technological Advancements - New energy storage capacity has surpassed 100 million kilowatts, making China the world leader in this area [4] - China holds over 40% of global renewable energy patents, with continuous improvements in solar conversion efficiency and offshore wind turbine capacity [4] Green Investment - The "14th Five-Year Plan" marks the fastest transition to green and low-carbon energy in China's history, with renewable energy investments becoming the dominant force in power generation [6] - By 2024, over 80% of investment in power generation will be directed towards renewable energy projects, contributing to a significant reduction in carbon emissions [6] Private Sector Involvement - The threshold for investment in the energy sector has been lowered, leading to a double-digit growth rate in private sector participation in energy projects [8] - Private enterprises are increasingly involved in major energy projects, with significant participation in nuclear power and hydropower projects [8][9] - Recent policies have been implemented to enhance the investment environment for private capital in the energy sector, including support for participation in key projects [8][10]

Core Viewpoint - Blackstone Group has completed a significant $4 billion acquisition that may reshape the U.S. power network by purchasing Retail Opportunity Investments Corp (ROIC) for $4 billion, including debt [1] Group 1 - Blackstone's stock rose by 0.5% in the market following the announcement of the acquisition [1] - The acquisition will be conducted in cash, with Blackstone Real Estate Partners X agreeing to buy ROIC's common stock at a price of $17.50 per share [1]