ADB unveils fund to speed ASEAN power grid plans
MANILA: The Asian Development Bank has launched a new multi-partner trust fund with…
China electric cars reshape fuel demand and Venezuela oil flows
BEIJING: China’s rapid shift to electric vehicles is reshaping the world’s largest auto market…
UAE and Korea strengthen cooperation in energy and advanced industry
SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea…
ADNOC Gas posts strong Q1 with $1.27 billion net earnings
ADNOC Gas reports $1.27B Q1 2025 net income, driven by UAE demand…
Power capacity from renewables sees record-breaking global growth in 2024
Global renewable capacity surged to 4,448 GW in 2024, with solar and…
Electricity consumption drives global energy demand surge in 2024
Global energy demand growth 2024 jumped to 2.2%, led by soaring electricity…
Emerging economies to drive 85% of global electricity demand growth
Global electricity demand is projected to rise nearly 4% annually through 2027,…
Egypt’s Gulf of Suez to host Africa’s biggest onshore wind farms
The OPEC Fund has committed $30M to co-finance Africa’s largest onshore wind…
BP announces 4,700 job cuts amid cost-saving measures
BP announced plans to cut 4,700 jobs and 3,000 contractor roles in…
Germany shifts from electricity exporter to importer in 2024
In 2024, Germany shifted from a net electricity exporter to importer, driven…