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Keywords: Energy sector
Iraqi Prime Minister Ali al-Zaidi will travel to Washington on Monday at the head of an official delegation, with energy cooperation and potential oil and gas agreements expected to dominate discussions between the two countries. The visit follows an official invitation and comes as Iraq seeks to attract......
Global carbon dioxide emissions from the energy sector increased by 1.1% in 2025, highlighting the ongoing challenges facing the global energy transition despite continued investment in renewable energy and low-carbon technologies. According to a joint report released by the Energy Institute, Ember,......
The rapid expansion of artificial intelligence is reshaping the U.S. energy sector, driving merger and acquisition activity to record levels as companies race to meet the soaring electricity demand generated by AI-powered data centers. According to industry research, the value of mergers and acquisitions......
Global financial markets have increasingly begun to shift not over years or even traditional economic cycles, but within a matter of weeks. A recent period of roughly one hundred days demonstrated how quickly geopolitical developments can redistribute wealth across sectors, particularly between defense,......
Europe’s largest gas distribution operator, Italgas, has announced a significant expansion of its long-term investment strategy, committing €13 billion to infrastructure development and modernization projects through 2032. The plan represents a substantial increase compared with the company’s......
The United Kingdom has adjusted certain sanctions-related payment rules affecting an Austrian subsidiary of Russian energy company Lukoil, providing greater flexibility for businesses engaged in authorized transactions while maintaining broader restrictions linked to Russia sanctions. The change was......
Hungarian energy company MOL, together with Russia’s Gazprom Neft and Gazprom, is expected to receive a 15-day extension to continue negotiations over the sale of a majority stake in Serbian oil company NIS, according to Serbian officials. The discussions concern the potential transfer of a 51.56%......
The OPEC+ alliance is expected to move forward with another increase in oil production quotas for July as part of its ongoing strategy to gradually adjust supply levels in response to evolving market conditions. The decision reflects the group's efforts to balance global energy demand while maintaining......
The Bulgarian parliament has approved new legislation that limits the authority of a special manager appointed to supervise the operations of Lukoil in the country, according to local media reports. The decision concerns the Russian energy company Lukoil, which is one of the largest fuel retailers in......