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Energy
India to invest $1b in Arunachal hydropower
India plans to invest $1 billion to expedite the construction of 12 hydropower stations in Arunachal Pradesh, a…
Germany’s power grids need €300b for decarbonisation – KfW
Germany needs approximately 300 billion euros ($325 billion) in investments by mid-century to modernise its power…
Aramco plans $3b bond sale
Aramco plans to raise at least $3 billion through its first bond sale in three years, joining Saudi Arabia’s…
US jet fuel consumption increase in ’23, below pre-pandemic peak
US jet fuel consumption increased for the third consecutive year in 2023 but remained 5 per cent below the 2019…
Saudi oil exports to China set to rebound
Saudi crude oil exports to China are set to rebound in August to at least 44 million barrels, driven by deep price…
China ups capital ratio for solar PV projects to 30%
China's Ministry of Industry and Information Technology (MIIT) announced a draft rule on Tuesday, raising the…
Global hydro generation hits 5-year low amid rainfall shortages
Global hydroelectric generation reached a five-year low in 2023 due to below-average rainfall affecting major…
India’s fuel consumption rises in June
India's fuel consumption rose by 2.6 per cent year-on-year (YoY) to 19.99 million metric tons in June, according to…
UK renewables sector seeks boost in offshore wind auction funds
Following Labour's election victory in Britain, the renewables sector is urging the government to significantly…
DME trading volume surges 31% in H1 ’24
Dubai Mercantile Exchange (DME) reported a 31 per cent increase in front-month trading volume, reaching 505 million…