Lukoil in Talks to Sell Off Foreign Assets
Lukoil, Russia's second-largest oil producer, reported that it is discussing the sale of its foreign assets due to recent sanctions from the UK and...
Solar Boom Sweeps War-Torn Myanmar Amid Deepening Power Collapse
Myanmar’s electricity system has deteriorated sharply since the 2021 military coup and ongoing civil war. Chronic blackouts, collapsing infrastructure, and a government crippled by...
Carlyle in Talks to Acquire Lukoil’s Foreign Assets
U. S. private equity firm Carlyle is considering buying foreign assets from Russian oil company Lukoil, which has been sanctioned by the U. S....
In Response to Drone Attacks, Russia Activates Reserve Oil Capacity
Russia's oil processing has only decreased by 3% this year despite significant drone attacks from Ukraine. These attacks have targeted oil refineries, depots, and...
IEA Warns of Growing Global Oil Surplus as Supply Outpaces Demand
The International Energy Agency (IEA) has revised its forecasts for global oil supply upward, signaling that the world is heading toward a larger market...
GE, Siemens in Talks to Supply Turbines for Syria Power Rebuild
U.S. energy firm GE Vernova (GEV.N) and Germany’s Siemens Energy (ENR1n.DE) are in discussions to supply gas turbines for a $7 billion reconstruction project...
China Stocks Edge Higher as New Energy Shares Surge Ahead of Key Data
China’s major stock indexes rose on Thursday, buoyed by strong gains in the new energy sector, as investors positioned ahead of a fresh batch...
From COP28 to COP30: The Growing Recognition of Nuclear in Global Climate Policy
As nations intensify their efforts to meet the Paris Agreement targets, the global conversation on clean energy is undergoing a marked evolution. Alongside renewables...
IAEA: Iran Uranium Stockpile Verification ‘Long Overdue’
Iran has not allowed inspectors from the International Atomic Energy Agency (IAEA) to access nuclear sites that were bombed in June, according to a...
IEA Warns: Oil and Gas Demand Likely to Rise Until 2050, Missing Climate Goals
The International Energy Agency (IEA) said on Wednesday that global oil and gas demand could continue growing until 2050 a reversal from its earlier...