OPEC Cuts Global Oil Demand Forecast for 2024-2025
The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday further trimmed its forecasts for global oil demand growth this year and next, marking...
Sweden’s opportunity to lead on the clean energy transition
Sweden’s advanced electricity system, natural resources and geology mean the country is well placed to accelerate electrification and transform energy-intensive industries by drawing heavily...
There is no AI without energy
Leading figures from governments, the energy sector, the tech industry and civil society gathered this week for the first major international meeting of its...
Montenegro Accelerates Energy Transition
World Bank Group approved a €31.0 million loan to support Montenegro in its efforts to decarbonize its energy sector and accelerate the transition to...
8 OPEC+ members to further extend their voluntary output cuts by a month
Eight member countries of the OPEC+ oil-producing group anounced on Sunday to further extend their voluntary output cuts by a month, pushing the reductions...
EU Greenhouse Gas Emissions Dropped 8% in 2023, Boosted by Renewable Energy Growth
The European Commission has published today the 2024 Climate Action Progress Report, showing that net EU greenhouse gas (GHG) emissions fell by 8.3% in...
Oversupply Could Mute Effects of Wider Middle-East Conflict on Oil Prices
Global commodity prices are set to tumble to a five-year low in 2025 amid an oil glut that is so large that it is...
OPEC further cuts 2024, 2025 global oil demand forecast
The Organization of the Petroleum Exporting Countries (OPEC) on Monday further trimmed forecasts for global oil demand growth this year and next, marking the...
Guardians of the grid – protecting Europe’s electricity supply from cyber-attacks
EU-funded researchers are fortifying Europe’s electricity sector against increasingly sophisticated attacks by cybercriminals.
By Michael Allen
In the past decade, cyber-attacks on Europe’s power infrastructure have...
Libya Resumes Oil Production, Ending Crippling Crisis
Libya resumed oil production on Thursday, returning hundreds of thousands of barrels a day to global markets after a political standoff in the OPEC...