Taxes on the superprofits of oil and gas majors are multiplying across Europe and the United States. While governments aim to redistribute these record profits, companies are threatening to cut back on investments.
Taxes on the superprofits of oil and gas majors are multiplying across Europe and the United States. While governments aim to redistribute these record profits, companies are threatening to cut back on investments.
The closure of the UK's last coal-fired power plant marks a major shift in the country's energy strategy, aiming for carbon neutrality by 2050. The UK thus becomes the first G7 member to eliminate this energy source.
The closure of the UK's last coal-fired power plant marks a major shift in the country's energy strategy, aiming for carbon neutrality by 2050. The UK thus becomes the first G7 member to eliminate this energy source.
Westbridge Renewable Energy finalizes the sale of five solar projects in Alberta, totaling 1.4 GW, to Metlen Energy & Metals. This transaction allows the company to generate funds to support its developments in Canada, the United States, and Europe.
Westbridge Renewable Energy finalizes the sale of five solar projects in Alberta, totaling 1.4 GW, to Metlen Energy & Metals. This transaction allows the company to generate funds to support its developments in Canada, the United States, and Europe.
Hurricane Helene disrupted gas production in the Gulf of Mexico, leading to a 5% rise in U.S. natural gas prices and affecting key energy infrastructures across the U.S. Southeast.
Hurricane Helene disrupted gas production in the Gulf of Mexico, leading to a 5% rise in U.S. natural gas prices and affecting key energy infrastructures across the U.S. Southeast.
JCM Power has won a 240 MW hybrid wind-solar project in Pakistan at a price of $0.031/kWh.
This project strengthens K-Electric's power grid capacity, supporting the country's energy transition.
JCM Power has won a 240 MW hybrid wind-solar project in Pakistan at a price of $0.031/kWh.
This project strengthens K-Electric's power grid capacity, supporting the country's energy transition.
Global oil demand is set to grow at a more moderate pace, below the one million barrels per day mark, mainly due to the slowdown in the Chinese economy, according to recent forecasts by the International Energy Agency (IEA).
Global oil demand is set to grow at a more moderate pace, below the one million barrels per day mark, mainly due to the slowdown in the Chinese economy, according to recent forecasts by the International Energy Agency (IEA).
VLCC tanker rates from the Gulf of Mexico to Europe and Asia are beginning to recover after a year of sharp declines, due to fluctuating demand for crude oil.
VLCC tanker rates from the Gulf of Mexico to Europe and Asia are beginning to recover after a year of sharp declines, due to fluctuating demand for crude oil.
Standard Uranium expands its Corvo project in the eastern Athabasca Basin to 12,265 hectares with increased exploration prospects and new partnerships.
Standard Uranium expands its Corvo project in the eastern Athabasca Basin to 12,265 hectares with increased exploration prospects and new partnerships.
Nuclear-friendly countries are calling on financial institutions and development banks to finance nuclear infrastructure and develop small modular reactors.
Nuclear-friendly countries are calling on financial institutions and development banks to finance nuclear infrastructure and develop small modular reactors.
