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
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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Meta Platforms, the parent company of Facebook, announced on Friday a series of agreements that position it as a major customer for both new and existing nuclear power in the United States,
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The U.S. Coast Guard boarded a fifth oil tanker early Friday as part of ongoing operations to enforce sanctions against vessels transporting Venezuelan crude, according to U.S. officials. The tanker, identified as
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US-based energy company Murphy Oil has announced that recoverable resources at its offshore discovery in Vietnam are significantly larger than previously estimated, a development that could mark the biggest oil and gas
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Oil prices are poised to extend their decline, with Brent crude potentially sliding to around $50 per barrel by the middle of this year as global supply continues to outpace demand, according
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As artificial intelligence continues to propel global equity markets to record highs, investors are increasingly questioning whether the rally is laying the groundwork for the next major financial bubble. A detailed Bloomberg
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Oil prices edged lower in early Asian trading on Monday, as concerns over political upheaval in Venezuela were outweighed by abundant global supply. Brent crude futures fell 34 cents to $60.41 a
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