On a return to Shanghai, our columnist detects worries about the future—but also a steely determination that the country’s sheer size will see it advance in key areas. I felt a sense of relief last […]
Malta has emerged as the top European destination for ship-to-ship (STS) transfers of Russian oil in the wake of the Greek navy’s decision to deter such activities in the Laconian Gulf. Since May 1, citing […]
Saudi Aramco’s CEO has forecast a strong increase in global oil demand for the second half of the year, ranging from 1.6 to 2 million bpd. Aramco’s outlook contrasts with the more cautious forecasts from […]
Venezuelan President Nicolás Maduro has been declared the winner of a controversial presidential election, sparking widespread protests and international condemnation. Despite the re-election of Maduro, the United States has maintained sanctions on Venezuela’s state-owned oil […]
Cheniere Marketing, a subsidiary of U.S.-based Cheniere Energy has inked a long-term sale and purchase agreement (SPA) to provide liquefied natural gas (LNG) to Galp Trading, an affiliate of Portuguese oil and gas company Galp […]
“We are not building a military that can handle three theaters simultaneously,” one expert said. First, the U.S. Defense Department redirected the USS Abraham Lincoln carrier strike group from the Pacific to the Middle East, […]
AI data centers’ rising electricity demand prompts investors to buy power utility stocks, anticipating generational demand growth. Power utilities stand to benefit from the AI boom as they secure reliable electricity for consumers amid increasing […]
France was the top exporter of electricity in Europe in the first half of 2024, with a net export of 40.8 terawatt-hours (TWh), up 31.2% from the previous six months. This increase is due to […]
The initial 2.5-kilometre circuit of the £1 billion London Power Tunnels project has been switched on, connecting the Hurst substation to Crayford. Energy Minister Michael Shanks attended the event to mark the occasion. This project […]
Rolls-Royce is preparing to sell a stake in its small nuclear reactor business to secure additional funding. The company’s Chief Executive, Tufan Erginbilgic, confirmed that they are in discussions with potential investors. According to The […]
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