The US Treasury Department on Tuesday has announced new anti-Wagner sanctions in a belated attempt to cut off the group’s weapons funding, at a moment the Russian government has essentially pardoned the mercenary outfit for […]
Bloc eyes framework to govern large-scale tech solutions Some scientists say technology may have unforeseen effects\ The European Union will join an international effort to assess whether large-scale interventions such as deflecting the sun’s rays […]
LONDON, June 26 (Reuters) – Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry’s Statistical […]
The wind power giant, Siemens Energy, saw its stock crash 37% following a profit warning due to difficulties within its wind turbine division. These types of problems are not isolated to Siemens. Vestas, the world’s […]
Oilfield services companies are ramping up activity in low-carbon energy. Service companies focused on equipment and technology naturally benefit from new businesses earlier in the cycle. Current revenues from new energy businesses for the top […]
Securing Energy for Europe Holding GMBH (SEFE) has signed up for a 20-year purchase of 2.25 million tons per annum (MMtpa) from Venture Global LNG Inc., in a deal that is touted to make the […]
UAE-based drilling giant ADNOC Drilling has secured long-term contracts for five jack-up rigs, totalling approximately $2 billion, in support of ADNOC Offshore’s increasing drilling operations for accelerated production capacity growth. ADNOC Drilling confirmed the award […]
Aramco’s CEO Amin Nasser believes that the oil market fundamentals remain generally “sound” for the rest of the year. “Although China is facing some economic headwinds, the transport and petrochemical sectors are still showing signs […]
Global oil demand will rise to 110 million barrels a day in two decades, bringing the world’s energy demand up 23%, said OPEC. “We see global energy demand increasing by 23% through 2045,” said the […]
Hello boys…I’m Back… More than 40 years after the country voted to phase out nuclear power, Sweden is now looking to build more nuclear reactors after its parliament formally abandoned its 100% renewable energy target […]
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