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Energy
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…
Kazakhstan to compensate OPEC+ for overproduction
Kazakhstan has announced that it will compensate for its oil output exceeding the OPEC+ quota in the first half of…
Gazprom reduces gas supply to Europe via Ukraine
Gazprom's volume of gas pumped to Europe via Ukraine decreased to 42.1 million cubic meters (mcm) on July 7, down…
Murban Crude trading hits record high in Q2
Intercontinental Exchange, Inc. announced record trading activity for Murban crude in the second quarter of 2024.
India’s LNG imports seen slowdown amid monsoon
India's booming LNG imports are expected to slow as monsoon rains reduce electricity demand and increased…
India’s solar growth slows to 6-year low in H1 ’24
India's solar power generation in the first half of 2024 grew at the slowest rate in six years, according to data…
