International

South Africa’s recently adopted tax breaks for electric vehicle production have already piqued the interest of three Chinese EV manufacturers to invest in new-energy vehicles in the African country, an official at the local automotive association told Bloomberg. Three car makers from China have already signed non-disclosure agreements with the …

UPNEDA is seeking EOI from developers to set up floating PV projects on a build-own-operate basis at 35 dams and reservoirs identified in the Indian state of Uttar Pradesh. UPNEDA, in collaboration with the Irrigation and Water Resources Department, will lease dams and reservoirs to the developers to support the …

Iraq’s energy industry is undergoing significant developments reflecting government initiatives to increase the production of electricity and oil in order to fulfill the country’s increasing demands and boost economic growth. In order to enhance the energy infrastructure and achieve a sustainable vision for resource management, the Iraqi government is putting …

In 2024, the global economy navigated a year marked by uncertainties and transformative shifts. From continuing energy market volatility driven by geopolitical tensions to the artificial intelligence (AI) boom transforming industries, economic trends have been anything but predictable. In this year-end review, let’s explore the key developments that defined the …

Russia intends to reconnect the Zaporizhzhia Nuclear Power Plant (ZNPP) to the national power grid when circumstances permit, local Russian media reported on Sunday. RIA Novosti reported on Sunday that Russia intends to reconnect the Zaporizhzhia Nuclear Power Plant (ZNPP) to the national power grid when circumstances permit. The report …

In light of the electricity crisis facing the country due to the recent reduction in Iranian gas supplies, Iraq revealed on Sunday the latest developments related to its gas deal with Turkmenistan, which it has been pursuing for almost a year. The Iraqi Ministry of Electricity firmly denied the allegations …

Asian stock markets continued to surge in popularity in 2024, outperforming the languishing UK market in IPOs. Throughout this year, Asia has dominated on stock exchange floats, with over 600 IPOs throughout the year, more than two thirds of the 867 floats globally in 2024, according to data from Globaldata. …

Turkey has signaled it wants to take part in the revival of oil and gas production in Syria, Bloomberg has reported, citing a statement by Turkey’s energy minister. Speaking to the media, Alparslan Bayraktar said that Turkey was working to help Syria with its electricity supply, adding that expanding this …

The price of batteries could surge, with some component prices doubling, if the U.S. imposes an additional hefty tariff on U.S. imports of graphite from China that the American battery material makers seek, industry analysts say. Energy storage and EV batteries could see costs in the U.S. more than double …

President-elect Donald Trump has threatened to take over control of the Panama Canal unless the Panamanian authorities stop charging excessive rate for the use of the chokepoint. “Has anyone ever heard of the Panama Canal?” Trump said at a conservative event in Arizona, as quoted by Reuters. “Because we’re being …