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Energy
Tesla begins construction of Megapack factory in Shanghai
Tesla has initiated the construction of a factory in Shanghai to produce its Megapack energy storage batteries, as…
I Squared to invest $5b in Asia Pacific by ’27
Global infrastructure investor I Squared Capital plans to invest $5 billion in the Asia Pacific from 2025 to 2027,…
ADNOC plans stake sale in drilling unit
Abu Dhabi's ADNOC has announced plans to divest approximately 5.5 per cent of its stake in its drilling unit, over…
Vivo Energy to increase S. Africa investment
Vivo Energy, backed by Vitol, will inject 10 billion rand ($550.79 million) into its South African operations…
US EV electricity consumption surges over 50% in early ’24
Electricity consumption from electric vehicles (EVs) in the United States surged by over 50 per cent in the first…
ADNOC acquires Galp stake in Mozambique
ADNOC announced the acquisition of Galp’s 10 per cent stake in Mozambique's Area 4 concession in the Rovuma basin,…
China’s solar expansion faces grid bottlenecks
China’s rapid solar power expansion is experiencing a slowdown due to grid bottlenecks, market reforms, and a…
SCZONE launches solar plant at Siemens energy centre
The General Authority of the Suez Canal Economic Zone (SCZONE) inaugurated on Tuesday a solar power plant at the…
TotalEnergies advances development of Angola’s $6b Kaminho oil project
TotalEnergies is moving forward with the advancement of the Kaminho oil project 100 kilometers off the coast of…
Crown Prince promises Japan stable oil supply
Saudi Arabian Crown Prince Mohammed bin Salman assured Japanese Prime Minister Fumio Kishida of a continuous and…