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,
India has begun asking its oil refiners to submit weekly disclosures of crude purchases from Russia and the United States, a move aimed at easing friction with Washington as the two countries
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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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Global electricity consumption by data centres is on course to more than double by 2030, largely driven by the explosive growth of artificial intelligence, according to a new report by the International
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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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In a bid to secure its resource self-sufficiency and strengthen its high-tech supply chains, China has ramped up state support for mineral exploration, particularly as competition with the US intensifies. The Chinese
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India has taken a significant step toward energy security by passing new legislation aimed at boosting oil and gas exploration. The move, endorsed by Oil Minister Hardeep Singh Puri, amends a 1948
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The world is on track to generate more nuclear energy in 2025 than ever before, signaling a new era of growth for the nuclear sector. According to the latest report by the
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The European Union has faced a sharp rise in energy prices following the disruption of cheap fossil fuel deliveries from Russia, according to European Commission President Ursula von der Leyen. Speaking at
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Oil prices have surged by 4.5% to reach a three-month high following new sanctions announced by the U.S. targeting Russian oil tankers and maritime insurance providers. This price rally has been fueled
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Sri Lanka Podujana Peramuna’s presidential candidate and parliamentarian Namal Rajapaksa emphasizes that fraud and corruption will be ended within three years under his government by implementing the country’s development process more efficiently
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