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Energy Consumption - Page 12

October 19, 2026
News/Sri Lanka

Sri Lanka’s 810MW Coal Power Plant to Remain Offline After Nationwide Blackout

Sri Lanka’s 810-megawatt Norochcholai coal power plant will remain disconnected from the national electricity grid for several days following a nationwide blackout on 17 October, with authorities continuing safety procedures before allowing

News/Sri Lanka

Sri Lanka Blackout Caused More Than $13 Million in Economic Losses, Former Energy Minister Claims

Sri Lanka’s nationwide electricity blackout on 17 October caused economic losses exceeding 4 billion rupees, according to former electricity minister and United Republican Front leader Patali Champika Ranawaka, who has called on the government to establish responsibility through an independent

October 19, 2026

Oil Prices Fall as Traders Weigh Strait of Hormuz Attacks and Supply Risks

Business

Oil prices fell on Thursday as investors assessed the risk of supply disruptions following attacks on ships in the Strait of Hormuz and considered

Oil Prices Fall as Trump Eases Restrictions on Russian Diesel Supplies

Business

Oil prices fell on Tuesday as investors assessed the prospect of additional Russian diesel entering global markets following US President Donald Trump’s decision to

Global Rush to Break China’s Rare Earth Grip Faces Harsh Reality

July 9, 2025
Geopolitics/Trade Wars

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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China Poised to Overtake US and Europe in Fusion Energy Race

July 9, 2025
Diplomacy/Education

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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Gulf Oil Giants Slow Global M&A Spree Amid Falling Oil Revenues

July 1, 2025
Business/Trade Wars

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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Opec+ Signals Major Shift with Accelerated Oil Output Hike

June 1, 2025
Business

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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TotalEnergies Moves to Restart Mozambique LNG Project Amid Security Concerns

May 22, 2025
Business

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

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OPEC+ Gives Up on Propping Up Oil Prices as Trump Visit Nears

May 13, 2025
Business

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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Spanish Blackout Drives Surge in Starlink Usage as Telecoms Networks Falter

May 5, 2025
Business

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’s First-Quarter Profits Fall Less Than Expected

May 3, 2025
Business

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 Set to Unlock Vast Oil Reserves with Multi-Billion Dollar Investments

March 26, 2025
Business

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 That is Keeping Libya Divided

March 22, 2025
Business/Trade Wars

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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AI’s Power Hunger: How Much Energy Will Intelligence Cost Us?

March 7, 2025
Artificial Intelligence

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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Oil Prices Plunge to Three-Year Low Amid Weak U.S. Demand and OPEC+ Supply Shift

March 6, 2025
Business/Trade Wars

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

More

Iran to Triple Nuclear Power Generation by 2029

February 28, 2025
Business/Geopolitics

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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China’s Coal-Fired Power Construction Surges to Decade-High Despite Green Energy Push

February 13, 2025
Business

China’s construction of coal-fired power plants reached its highest level in nearly a decade in 2024, contradicting President Xi Jinping’s pledge to peak carbon emissions before 2030, according to a report by

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Sri Lanka: Govt Issues Power Cut Schedule Using 2-Year-Old Plan

February 10, 2025
Politics/Sri Lanka

The Ceylon Electricity Board (CEB) has announced that island-wide power cuts will be implemented today (10) and tomorrow (11), raising serious concerns about the government’s efficiency in crisis management. Shockingly, the power

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The Sri Lanka Guardian is an online newspaper founded in August 2007 by a group of concerned Sri Lankan citizens including journalists, activists, academics and retired civil servants. Sri Lanka Guardian has registered as an online newspaper in the Government of Sri Lanka. This portal is currently a platform for over seven hundred regular writers from around the world. We are an independent and nonprofit. Email : editor@slguardian.org
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