Russia’s decision to ban diesel exports this week has sent shockwaves through global energy markets, tightening supplies of one of the world’s most widely used fuels and driving prices sharply higher across
Bharat Petroleum Corporation Limited (BPCL) has awarded one-year contracts for Iraq’s Basrah Medium and Omani crude to global trader Trafigura, while also seeking spot cargoes of UAE’s Murban crude. The shift is
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Prime Infrastructure Capital, one of the Philippines’ most active energy investors, plans to invest close to $9 billion over the next five years in hydropower and natural gas projects, signaling a major
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China’s leading solar panel makers are bracing for a second consecutive year of steep losses, with five of the country’s biggest firms forecasting combined net losses of between 34.2 billion and 38.4
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When the United States completed its first sale of Venezuelan oil this week, the $500 million transaction reopened a geopolitical channel that had been largely dormant for years, signaling that energy pragmatism
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As artificial intelligence accelerates into everyday life, the enormous data centers that make it possible are increasingly becoming a lightning rod for public anger, particularly in states like Georgia where residents are
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Sri Lanka’s state-owned power utility, the Ceylon Electricity Board (CEB), has been flagged for serious financial irregularities after the Auditor General’s annual report revealed the board paid Rs. 1,060.02 million (Sri Lankan
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Sri Lanka and China are set to finalize an agreement on the Hambantota Sinopec Oil Refinery Project in the first quarter of 2026, officials confirmed following a meeting between Sri Lankan Foreign
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Corruption has eaten into the vitals of Sri Lanka’s power and energy sectors to such an extent that one wonders whether ‘C’ in the initialisms of the Ceylon Electricity Board (CEB) and
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State-run media reported on Sunday that Egypt finalized agreements with Norwegian renewable energy developer Scatec and Chinese company Sungrow, targeting both solar power generation and energy storage solutions. Officials say these projects
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ExxonMobil’s chief executive has delivered a blunt rebuke to President Donald Trump’s efforts to entice U.S. oil companies back into Venezuela, declaring that the country remains effectively off-limits for serious investment. Speaking
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