Keywords: Energy
A series of Ukrainian drone attacks has hit a major oil refinery in the Russian city of Yaroslavl, more than 700 kilometers from the border, marking one of the deepest strikes into Russian territory since the start of the conflict. The overnight assault ignited a fire at the Slavneft-YANOS refinery,......
Oil prices dipped as fears of excess supply overshadowed geopolitical tensions, which have long shaped market sentiment. Despite ongoing uncertainties linked to the war in Ukraine, traders shifted their focus to the growing imbalance between global oil production and consumption. Benchmark Brent crude......
Ukraine has carried out its first attack on a Russian oil platform in the Caspian Sea, signaling a significant escalation in its campaign to hit Moscow’s economic lifelines supporting the war effort. Security officials in Kyiv confirmed that long-range drones targeted the Filanovsky platform operated......
Ukraine is confronting one of its gravest energy emergencies since the outset of Russia’s full scale invasion, as relentless attacks on power infrastructure push the country’s repair capacity to the brink of collapse. The crisis is hitting major urban centers such as Kyiv, Odessa, Zaporizhzhia......
Morocco is set to revolutionize its trade and energy sectors with the inauguration of two major deepwater ports, Nador West Med and Dakhla Atlantique, as part of its ambitious infrastructure expansion program. These projects solidify Morocco’s role as a strategic gateway connecting Africa with......
British energy company Sound Energy PLC has announced a major milestone in Morocco’s Oriental region as the Tendrara gas project begins initial commissioning. The first gas has entered the gas gathering system at the TE-5 Horst production concession, preparing for long-term production into the......
Global asset manager BlackRock predicts that the wave of investment driving artificial intelligence infrastructure will not slow down anytime soon. The firm describes the surge as a “traditional picks and shovels capital expenditure supercycle,” signaling its belief that the real beneficiaries......
China’s accelerating capacity to build massive artificial intelligence infrastructure is emerging as a key factor that could tip the global AI race, according to Nvidia CEO Jensen Huang. Despite the United States’ continued dominance in advanced chip technology, Huang cautioned that China’s......
Russia and Ukraine exchanged heavy strikes targeting energy infrastructure over the weekend, deepening the hardship of an already severe winter as diplomatic efforts make no progress. The latest wave of attacks hit power plants, transmission lines, and fuel facilities, leaving millions in darkness and......
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