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Keywords: Energy
The International Energy Agency (IEA) has raised its global oil supply growth forecasts, cautioning that the market may face increasing imbalances in the coming years. According to the agency's latest monthly report, global oil supply is projected to outpace demand by 4 million barrels per day (bpd)......
Global carbon dioxide emissions from fossil fuels are projected to reach a record 38.1 billion metric tons in 2025, marking a 1.1% increase from the previous year, according to a report by the Global Carbon Project. This alarming milestone coincides with the COP30 climate summit in Belém, Brazil,......
On November 12, 2025, Ukraine’s Minister of Energy, Svetlana Grinchuk, announced that she had submitted her resignation. On Facebook, she stated, “I have written my resignation letter. The position has never been an end in itself for me,” and emphasized that she had allegedly committed......
Ukrainian forces launched overnight strikes on key strategic targets, hitting a Russian oil refinery deep inside Russian territory and damaging critical oil infrastructure in occupied areas on November 11. The attacks mark an escalation in Kyiv's efforts to weaken Moscow’s war economy. The......
Plans for a massive undersea cable factory in Scotland have been thrown into uncertainty after the UK government rejected a proposed £25 billion energy link between Morocco and Britain. The decision has forced XLCC, the British company behind the project, to pause construction of its high-voltage......
Ukrainian drone and missile strikes overnight on Saturday disrupted electricity and heating services in two major Russian cities near the border, leaving over 20,000 households in Belgorod without power and causing temporary outages in Voronezh, Russian officials reported on Sunday. Energy infrastructure......
In the suburbs of Damascus, frustration is mounting among residents following the Syrian government’s decision to sharply raise electricity prices, nearly a year after the fall of former president Bashar al-Assad. For Ghassan Aama, a blacksmith, the new tariffs are unbearable. “We were shocked......
Australia plans to provide at least three hours of free solar electricity daily to households, including those without solar panels, under a new energy-saving initiative expected to launch in 2026. Energy Minister Chris Bowen announced the “Solar Sharer” program on Tuesday. The program will......
Ukrainian drones struck critical energy infrastructure in three Russian regions overnight on Friday, damaging a thermal power plant in Oryol, a major electrical substation near Vladimir, and an oil refinery in Yaroslavl. The attacks mark a significant escalation in Ukraine’s efforts to undermine......
