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Energy
Investment treaties pose barrier to fossil fuel phase-out – report
International investment treaties, particularly those with investor-state dispute settlement (ISDS) provisions, are…
US refinery capacity rises in ’23
US refining capacity saw a notable increase in 2023, driven by expansions at existing facilities, according to the…
UAE slightly rises fuel prices in August
The UAE fuel price committee has set new rates for August 2024, effective from August 1.
UK boosts renewable power auction budget by 50%
The UK government has boosted its annual renewable power auction budget by 50 per cent, increasing it to £1.5…
Swiss Glencore anticipates higher coal production levels in H2 ’24
Glencore maintained its full-year 2024 production guidance and announced additional steelmaking coal volumes…
UAE’s ADNOC boosts SARB field output 25%
ADNOC’s offshore Satah Al Razboot (SARB) field has achieved a 25 per cent increase in production capacity, reaching…
S. Korea’s offshore field attracts investors
South Korea is conducting an investor roadshow after global oil majors showed interest in an offshore field that…
Ukraine guarantees oil transit for Slovakia
Ukraine has assured uninterrupted oil transit for companies not under sanctions and is prepared to address transit…
DOE finalises purchase for strategic reserve
The US Department of Energy (DOE) has finalised a contract to purchase 4.65 million barrels of crude oil for the…
Spain invests €17b in renewable energy expansion
The Spanish government announced on Monday the approval of nearly 300 renewable energy projects with a total…
