Keywords: Energy Sector


Trump Seeks Kimberly Guilfoyle’s Resignation as Scandals Shake US Embassy in Greece

The diplomatic future of Kimberly Guilfoyle, the United States ambassador to Greece and a longtime ally of President Donald Trump, has been thrown into uncertainty following a series of damaging media reports about her private financial dealings and relationships with wealthy Greek businessmen. The......

Senegal mobilizes $1.7 billion to achieve universal electricity access by 2029

Senegal is moving to accelerate its drive toward universal electricity access after private companies and the country’s development partners pledged a combined 998 billion CFA francs, equivalent to more than $1.7 billion, for the expansion of the national power network. The commitments were announced......

Morocco’s Future LNG Projects Draw Growing Interest From U.S. Energy Companies

Morocco’s plans to expand its natural gas infrastructure are attracting increasing attention from American companies, as the Kingdom seeks international technology and commercial partnerships to advance several major energy projects. Italian news agency Agenzia Nova reported on September 21 that......

Fitch removes Qatar from negative watchlist while maintaining AA rating

Fitch Ratings has removed Qatar from its negative watchlist while maintaining the country’s sovereign credit rating at AA, citing a reduction in risks to its liquefied natural gas infrastructure since March. The rating agency nevertheless kept Qatar’s outlook at negative, reflecting continued......

Venezuelan parliament approves oil agreement with the United States

Venezuela’s parliament has approved a bilateral energy agreement with the United States, marking a significant development in relations between the two countries and potentially opening the door to expanded cooperation in Venezuela’s oil sector. Parliamentary President Jorge Rodríguez......

Venezuela unveils details of a 25-year oil agreement with the United States

Venezuela’s interim president Delcy Rodríguez has outlined details of a proposed long-term oil agreement with the United States, describing it as a 25-year bilateral project aimed at reviving the country’s energy sector and strengthening public revenues. According to Rodríguez,......

Italy records record electricity demand in July amid intense heat

Italy recorded its highest-ever electricity demand for the month of July, as an intense heatwave pushed up the use of air conditioning and other cooling systems across the country. According to data from the Italian electricity grid operator, electricity consumption reached approximately 32.5 terawatt-hours......

European corporate earnings on track for strongest growth since 2022

Europe's largest publicly listed companies are on course to deliver their strongest quarterly earnings growth in nearly four years, driven by robust performances from the energy, mining, steel and chemicals sectors. The latest market estimates suggest that corporate profitability across the continent......

Morocco leads Arab coal consumption in 2025 amid energy transition challenges

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......