China is rapidly expanding its renewable energy projects to reduce emissions and meet growing electricity demand. A study revealed that nearly two-thirds of the world's solar and wind power plants are in China, with Beijing building infrastructure to support 339 gigawatts of renewable energy capacity.
An Indian firm has secured a substantial contract to develop a renewable energy project in a Middle Eastern nation.
Last week, Gazprom signed a gas deal with the Iranian National Gas Company (NIGC). This memorandum of understanding (MoU) is a significant step towards increased control over gas supplied through both pipelines and liquefied natural gas (LNG) to global markets.
Africa's solar market has enormous potential.
UAE's Murban crude continued to show strong trading activity in futures on the Intercontinental Exchange during the second quarter of 2024, according to recent data obtained by the Washington-based specialized energy platform.
Europe's biofuel industry has been hit hard by Shell's decide to temporarily to halt its sustainable aviation fuel project in Sweden, which was launched in 2021 in partnership with Vattenfall.