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
Energy expert Vaqar Zakaria is living proof that solar power can change the economics of everyday life. For over five years, his rooftop panels in Islamabad have slashed his electricity bills, sometimes
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The escalating conflict between Israel and Iran has sent jet fuel prices soaring to unprecedented levels, doubling the cost of sorties and transforming the economics of the Israeli Air Force’s operations. With
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Singapore, the world’s largest ship-fueling hub, is confronting an escalating supply crunch as geopolitical tensions in the Middle East disrupt critical oil flows, threatening to ripple across global trade routes and regional
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As Iran’s closure of the Strait of Hormuz sends shockwaves through global oil markets, Saudi Arabia has activated its 1,200-kilometer East–West Crude Oil Pipeline, commonly called the Petroline, at full capacity to
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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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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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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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