China is heading into winter expecting record power use again, and officials are already warning that both electricity load and daily gas demand are likely to set new highs. The NDRC says the heating season will run longer this year. That usually means heavier coal burn and more gas in …

India’s Serentica Renewables plans to invest up to $11 billion to boost its clean energy portfolio by the end of the decade via project acquisitions and new capacity build outs, chairman Pratik Agarwal has told Reuters. Serentica Renewables, backed by global private equity giant KKR, plans to raise over the …

Canada may be about to do something it hasn’t managed in nearly two decades: clear political space for a brand-new oil pipeline to the Pacific. Ottawa and Alberta are preparing to unveil a memorandum of understanding that would carve out exemptions to federal regulations that have long scared off investors …

China’s solar power installations jumped by 30% in October from September, as capacity additions rebounded from the summer months, which had seen a new renewables pricing mechanism alarming investors. Chinese developers installed 12.6 gigawatts (GW) of solar power in October, up by 30% from September, according to data by the …

Indonesia looks to unlock its upstream potential by offering more than 100 previously untapped oil and gas basins to global investors for exploration. Southeast Asia’s biggest economy, which is also a major oil and gas producer, aims to reverse its decade-long production decline and bolster national energy security. Indonesia targets …

Shell is boosting its cooperation with Ferrari by signing a ten-year corporate power purchase agreement (CPPA) to supply renewable energy from a Shell-built and operated plant to the iconic Italian luxury carmaker. Shell Energy Italia will provide 650 gigawatt-hours (GWh) over ten years to help decarbonize production at Ferrari’s Maranello …

Oil prices saw a modest decline on Tuesday amid persistent concerns about oversupply and heightened market caution as investors closely monitored ongoing peace talks between Russia and Ukraine. Brent crude oil traded at $62.42 per barrel, showing a 0.49 percent dip from recent levels, pressured primarily by a growing glut …

An Armenian $500-million initiative to develop an artificial intelligence and supercomputer hub has taken a major step forward after US regulators approved the transfer of advanced Nvidia chips. The project is being developed by Firebird, an AI startup launched in June with offices in San Francisco and Yerevan, in collaboration …

ADNOC has unveiled a sweeping $150 billion investment plan for 2026–2030, marking one of the largest investment cycles in its history and reinforcing the UAE’s long-term commitment to oil, gas, and industrial expansion. The announcement, approved at the board meeting chaired by Sheikh Mohamed bin Zayed Al Nahyan, coincided with …

Russian oil and gas revenues are poised to slump by 35% this month from a year earlier as the price of Russia’s crude has plunged and the local currency strengthened. Russia’s budget is expected to receive $6.63 billion (520 Russian billion rubles) from oil and gas in November, a decline …