Argentina has instructed its Foreign Ministry and government legal teams to initiate international arbitration against the United Kingdom over hydrocarbon activities in the Malvinas Islands, President Javier Milei announced on September 28.
Artificial Intelligence (AI) has become an integral part of modern society, revolutionizing industries, enhancing daily life, and driving economic growth. From virtual assistants to advanced data analytics, AI applications are diverse and
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The recent report released by OPEC’s World Oil Outlook 2025 has predicted that by the year 2050, crude oil will replace coal as India’s primary energy source. Clearly, OPEC anticipates that India’s
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Beijing’s recent export controls on rare earth elements have triggered a worldwide race to reduce dependence on China, but experts warn that breaking its dominance will be neither quick nor easy. In
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The United States and Europe risk falling behind China in the global competition to commercialize fusion energy, according to a new report published by MIT Technology Review. Despite leading in early research
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Two of the Middle East’s most powerful energy companies, Saudi Aramco and the Abu Dhabi National Oil Company (Adnoc), are hitting the brakes on their multibillion-dollar acquisition strategies as falling oil prices
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In a move that signals a significant strategic shift, Opec+ announced over the weekend that eight of its key members — including Saudi Arabia and Russia — will increase oil production by
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French energy giant TotalEnergies is preparing to resume work on its $20 billion liquefied natural gas (LNG) megaproject in northern Mozambique, four years after suspending operations due to a deadly insurgent attack
More OPEC+ appears to have thrown in the towel on efforts to sustain high oil prices, marking a strategic shift by Saudi Arabia ahead of a high-profile visit by U.S. President Donald Trump,
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A widespread electricity blackout across Spain and Portugal this week revealed critical vulnerabilities in the Iberian Peninsula’s telecoms infrastructure, prompting record levels of usage of Elon Musk’s Starlink satellite internet service. According
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Shell has reported a smaller-than-expected drop in first-quarter profits, despite weaker trading conditions and lower commodity prices. Europe’s largest oil and gas group announced it would maintain the pace of its share
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India is preparing to capitalize on its vast untapped oil reserves as part of a bold strategy to strengthen its domestic oil production and reduce its reliance on costly imports. Amid mounting
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The illicit oil trade in Libya, fueled by heavily subsidized fuels being smuggled abroad, is sustaining the country’s rival political factions. The practice has created a steady revenue stream for armed groups,
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The rapid expansion of artificial intelligence is fueling a dramatic rise in energy consumption, yet the true scale of its electricity demands remains uncertain. A recent Nature report highlights the growing concerns
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Global oil prices tumbled to their lowest levels in three years as concerns over weakening U.S. demand and increased crude supply weighed on the market. Brent crude fell below $70 per barrel
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Iran has announced plans to triple its nuclear-powered electricity production by 2029, marking a major expansion of its nuclear energy sector at a time of increasing geopolitical friction. The ambitious initiative, outlined
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