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
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+ 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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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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