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Power Grid

GLOBALLY ADDED WIND CAPACITY JUMPS 50% AND SETS RECORD.

In 2023, global wind capacity surged to a new peak of nearly 117 GW, a testament to growing government support and ambition despite challenging economic conditions marked by high interest rates and inflation.

  • 2 years, 6 months
Oil & Gas

LARGEST AVIATION HYDROGEN FUEL CELL PROJECT TO START BY 2029.

The unveiling of the largest hydrogen fuel cell project for aircraft, supported by significant government funding, has sparked discussions about the feasibility of hydrogen in aviation.

  • 2 years, 6 months
Coal

GROWING COAL DEPENDENCY PUTS CENTRAL ASIAN ECONOMIES AT RISK.

Central Asian states have significantly increased their coal-based power generation capacity over the past decade, with further expansion plans in the pipeline.

  • 2 years, 6 months
Oil & Gas

U.S. CPI UP 3.5% IN MARCH; CENTRAL BANKS POSTPONE RATE CUTS AMID OIL PRICE SURGE.

The latest U.S. consumer price index revealed a 3.5% increase in March compared to the previous year.

  • 2 years, 6 months
Oil & Gas

U.S. CHEVRON PERMANENTLY EXITS MYANMAR.

US oil and gas giant Chevron has divested its stake in Myanmar's Yadana gas field, part of its ongoing withdrawal from the country following a military coup more than two years ago.

  • 2 years, 6 months
Oil & Gas

OMAN GAS DEAL WITH GERMANY MARKS SHIFT TO EUROPEAN GAS HUB INDEX PRICING.

The gas deal between Oman and Germany is set to implement a rare practice in Oman, involving fixed-term contracts for the first time.

  • 2 years, 6 months