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
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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Major companies in Oman, Abu Dhabi, and Saudi Arabia are stepping into metal trading as Gulf states seek to capitalize on the growing demand for critical minerals while reducing their dependence on
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Activist hedge fund Elliott Management has acquired a stake in BP, raising speculation that the struggling UK oil giant could face pressure to scale back its green energy initiatives and refocus on
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According to a report by the Financial Times, Vitol, the world’s largest independent energy trader, forecasts that global oil demand will remain steady until at least 2040. The company anticipates that demand
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India, the world’s fifth-largest economy, is aiming for an energy investment boom despite facing recent economic slowdowns. With its economy having recently overtaken the United Kingdom and projected to rise to third
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A deepening dispute over EU energy policies has led to the collapse of Norway’s coalition government, just as tensions rise in Europe and the US regarding energy and territorial concerns. Prime Minister
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The slogan “Drill, baby, drill!” became iconic during the 2016 presidential election in the U.S. as part of a campaign to increase domestic fossil-fuel production. With Donald Trump’s push for expanded oil
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In 2024, Russia achieved a record export of 33.6 million tons of liquefied natural gas (LNG), marking a four percent increase from the previous year, according to a report from RBC on
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As reported by MIT Technology Review, the race for the next major energy breakthrough is shifting underground, with researchers and companies exploring vast deposits of natural hydrogen buried deep within the Earth.
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The world’s largest oil companies are bracing for a drop in liquefied natural gas (LNG) revenues in 2025 as price volatility in the market diminishes. Following Russia’s 2022 invasion of Ukraine, LNG
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