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Orano has resumed preparatory work to exploit the Imouraren deposit in Niger, a major step forward for local economic development despite recent political instability.
Orano has resumed preparatory work to exploit the Imouraren deposit in Niger, a major step forward for local economic development despite recent political instability.
Global oil production could exceed demand by 8 million barrels per day by 2030, according to the IEA. This situation is attributed to a combination of rising production and energy transition, which poses challenges for the oil industry.
Global oil production could exceed demand by 8 million barrels per day by 2030, according to the IEA. This situation is attributed to a combination of rising production and energy transition, which poses challenges for the oil industry.
Eku Energy plans to increase its global energy storage capacity to 9 GWh by 2028, from the current 1.3 GWh, to accelerate the energy transition and maximize the use of renewable energies.
Eku Energy plans to increase its global energy storage capacity to 9 GWh by 2028, from the current 1.3 GWh, to accelerate the energy transition and maximize the use of renewable energies.
Europe is seeing its gas surplus shrink, while LNG is being redirected to Asia, driving up prices and tightening the market. Increased competition for LNG could emerge before the end of 2024.
Europe is seeing its gas surplus shrink, while LNG is being redirected to Asia, driving up prices and tightening the market. Increased competition for LNG could emerge before the end of 2024.
The Chinese market for electric cars is growing by leaps and bounds. In May 2024, sales of all-electric vehicles jumped 9.4% year-on-year, reaching 531,000 units sold, according to the China Federation of Automobile Manufacturers (CPCA). This figure marks a sharp acceleration after an 8.8% month-on-month decline between March and April.
The Chinese market for electric cars is growing by leaps and bounds. In May 2024, sales of all-electric vehicles jumped 9.4% year-on-year, reaching 531,000 units sold, according to the China Federation of Automobile Manufacturers (CPCA). This figure marks a sharp acceleration after an 8.8% month-on-month decline between March and April.
American car giants GM and Ford are reviewing their strategies in the face of slowdowns in the electric vehicle market and the meteoric rise of Chinese manufacturers.
American car giants GM and Ford are reviewing their strategies in the face of slowdowns in the electric vehicle market and the meteoric rise of Chinese manufacturers.
China is targeting green hydrogen production capacity of 220,000 tonnes per year by the end of 2024, exceeding its national 2025 targets thanks to a rapid expansion of its electrolyzer infrastructure.
China is targeting green hydrogen production capacity of 220,000 tonnes per year by the end of 2024, exceeding its national 2025 targets thanks to a rapid expansion of its electrolyzer infrastructure.
Solar installations in the USA reached a quarterly record, accounting for 75% of new electrical capacity added to the grid at the start of 2024.
Solar installations in the USA reached a quarterly record, accounting for 75% of new electrical capacity added to the grid at the start of 2024.
Sinopec Oilfield Service has signed a $1.1 billion agreement with Saudi Aramco to build gas pipelines, strengthening Saudi Arabia's energy infrastructure.
Sinopec Oilfield Service has signed a $1.1 billion agreement with Saudi Aramco to build gas pipelines, strengthening Saudi Arabia's energy infrastructure.
Growth in global oil and gas investment will slow in 2024, but will remain well above the levels needed to meet climate targets by 2030, according to the International Energy Agency (IEA).
Growth in global oil and gas investment will slow in 2024, but will remain well above the levels needed to meet climate targets by 2030, according to the International Energy Agency (IEA).

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