Keywords: Energy sector
Morocco remained the largest coal consumer in the Arab world in 2025, highlighting the country’s continued reliance on fossil fuels despite its ambitious plans to expand renewable energy sources and accelerate its energy transition. According to recent energy data, Morocco’s coal consumption......
TotalEnergies has announced an initiative to offset fuel expenses for French firefighting and civil protection services as the country confronts one of its most demanding wildfire seasons in recent years. The French energy company said it will cover the cost of both ground and aviation fuel used by......
Italgas, Europe's largest gas distribution company, reported a strong financial performance in the first half of 2026, with core earnings rising by 25% year-on-year as the group benefited from operational improvements following its acquisition of rival 2i Rete Gas. The Italian energy infrastructure......
Industrial production in the eurozone unexpectedly declined in May, according to newly released official data, signaling continued challenges for the region's manufacturing sector despite resilience in some industries. Industrial output fell by 0.2% compared with the previous month, marking the......
London’s stock market moved slightly lower on Wednesday as renewed concerns over geopolitical tensions in the Middle East encouraged investors to adopt a cautious stance. The decline was mainly driven by weakness in mining companies, which offset gains recorded by energy stocks benefiting from......
The shift in United States energy policy under President Donald Trump’s second administration is reshaping the country’s clean energy landscape, with a new report estimating that nearly $83 billion in planned investments have been delayed or canceled. The review highlights the growing uncertainty......
Venezuela has confirmed that its oil industry continues to operate normally despite the devastating twin earthquakes that struck the country, causing widespread destruction and claiming more than 4,500 lives. Speaking during a televised meeting with business leaders, acting President Delcy Rodríguez......
Ferguson Enterprises has agreed to acquire industrial distributor FloWorks from private equity firm Wynnchurch Capital in a transaction valued at approximately $1.6 billion, reinforcing its strategy to expand beyond traditional construction markets and deepen its presence in industrial distribution. The......
Iraqi Prime Minister Ali al-Zaidi is expected to use his first official visit to Washington to pursue major investment agreements with American companies, as Baghdad seeks to rebuild its energy sector and strengthen economic resilience after the recent regional conflict with Iran. The visit, scheduled......
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