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Energy
German electricity prices spike on low renewables output
German power prices spiked on Wednesday, driven by persistently low wind generation and increasing electricity…
US crude imports to hit 50-y low in ’25 – EIA
US crude oil imports are projected to drop by over 20 per cent to 1.9 million barrels per day (bpd) in 2025, the…
EIB approves €225m loan for solar expansion across Europe
Prologis, Inc., the global leader in logistics real estate, has obtained a €225 million framework loan from the…
Indian green power giant ReNew Energy moves towards delisting
The main shareholders of ReNew Energy Global Plc, one of India's leading green power firms, have made a move to…
US natural gas production hits record in ’23 – EIA
US marketed natural gas production reached a record 113.1 billion cubic feet per day (Bcf/d) in 2023, with Texas,…
Norway’s Empower to launch industrial solar project in Egypt
Egyptian President Abdel Fattah El-Sisi witnessed the signing of a contract between Norway's Empower and Majid Al…
French energy leaders urge faster renewable project approvals
France must streamline its processes for renewable energy projects or risk falling behind its European neighbours,…
BP, Japan’s Jera to merge offshore wind operations by ’30
BP Plc and Japan’s Jera Co. announced plans to merge their offshore wind operations into a joint venture named JERA…
S. Arabia cuts oil prices for Asia
Saudi Arabia has announced significant cuts to oil prices for Asian buyers, exceeding market expectations, as the…
Protests cut Mozambique’s power supply by 1/3
Mozambique's electricity supply to its southern regions, including the capital Maputo, has dropped by one-third…