International

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 …

Iraq has suspended crude oil deliveries to Syria, a member of the Iraqi parliament said on social media as quoted by BNE Intellinews. The statement coincided with one by Iraq’s foreign minister, who expressed concern about the security situation in the country that was taken over Islamist groups. “Iraq has …

Technology giants are partnering with geothermal start-ups as they seek to power their energy-intensive data centers with clean but reliable power sources. Several deals have been struck over the past year as Big Tech is looking to boast low-emission profiles of its energy use. The other 24/7 low-carbon energy comes …