Crude oil prices began the week with a rise, building on gains made last week, as Ukrainian drone attacks on Russian energy infrastructure continued, notably on a major oil export terminal in Primorsk, Russia’s second-largest Baltic port and largest oil export hub on the Baltic. At the time of writing, …

The Africa Climate Summit 2 (ACS2) was hosted in September by the Government of Ethiopia and the African Union to advance Africa’s climate agenda and sustainable development priorities, ahead of the United Nations’ November global climate summit COP30. ACS2 brought together 25,000 African leaders, policymakers, youth, civil society, development partners, …

Over the past decade, the Gulf Cooperation Council (GCC), comprising Saudi Arabia, Qatar, the UAE, Bahrain, Kuwait, and Oman, has advanced bold strategies to reshape its economies by reducing reliance on oil while developing new sectors like renewable energy, tourism, financial services, and digital innovation. Charting a course toward long-term …

The Danish wind giant Ørsted is fighting for its survival after United States President Donald Trump introduced a barrage of orders limiting the growth of the wind power sector. After declaring an energy emergency in the U.S. upon entering office in January, Trump has spent the past eight months introducing …

The world produces 460 million metric tons of plastic each and every year. But only about 9 percent of it gets recycled, leading to a ballooning plastic waste issue impacting every part of our planet, from the bottom of the Mariana Trench to the inside of your own skull. The …

China is set to continue its crude stockpiling throughout next year, but even the buying spree from the world’s top crude importer would not be sufficient to support oil prices into the $60s per barrel as a major glut looms over the market in the coming months. Lower oil prices …

Japan joins the EU in cutting the price cap on purchases of Russian oil to $47.60 per barrel, in a move effective Friday and aimed at punishing Russia over the war in Ukraine, yet unlikely to affect any Japanese purchases. Japan lowered the price cap from the $60 per barrel …

Rising costs and uncertain regulatory and demand picture have made low-emission hydrogen projects more challenging and clean hydrogen production by 2030 could be a quarter lower than expected at this time last year, the International Energy Agency (IEA) said on Friday. The low-emission hydrogen uptake is not yet meeting expectations …

Global electric vehicle sales grew by 15% in August from a year earlier, slower than the 27% growth rate in January-July, as EV sales in the biggest market, China, increased by only 6%, data from EV research firm Rho Motion showed on Friday. China continues to be the world’s biggest …

Turkey’s state gas company BOTAS has locked in 15 billion cubic metres of liquefied natural gas (LNG) through new contracts with eight global suppliers, in a concerted effort to expand its energy portfolio and curb dependence on pipelines from Russia, Azerbaijan and Iran. Announced at the Gastech 2025 conference in …