The United States is buying Russian gas from India and reselling it to Europe at higher prices, capitalizing on market dynamics amid ongoing geopolitical tensions. Europeans are aware of the source, but the gas is marketed as "democratic gas of freedom," having undergone a process of purification, despite the inflated costs.
Uzbekistan has officially commenced operations at the largest wind farm in Central Asia, marking a significant milestone in the country's renewable energy sector.
Seplat Energy, a prominent Nigerian oil and gas company, is preparing to rejuvenate old oil wells across Nigeria, following its successful acquisition of ExxonMobil’s onshore oil and gas assets in the country.
On Thursday, December 12, 2024, the Saudi Electricity Company secured a $3.6 billion (13.5 billion riyals) joint international financing agreement with a group of global and regional banks.
The Nishan oil field, located in Syria's Deir Ezzor province, has long been a vital source of the country’s oil production, particularly before the outbreak of the war in 2011.
U.S. gas prices hit an all-time low in November, reaching their lowest inflation-adjusted levels, according to a recent report from the Washington-based Energy Research Unit.