Keywords: Energy


Oil prices surge above $100 as Red Sea tensions threaten global supply routes

Global oil markets faced renewed pressure on Thursday as escalating tensions in the Red Sea pushed crude prices sharply higher, with Brent oil climbing above the $100 per barrel threshold for the first time since May. The surge reflects growing concerns over potential disruptions to global energy supplies......

Adani Energy Solutions secures $880.8 million transmission project for Andhra Pradesh green hydrogen hub

Adani Energy Solutions has been awarded an 85 billion-rupee ($880.8 million) interstate electricity transmission project in the Indian state of Andhra Pradesh, strengthening the infrastructure needed to support the country's expanding green hydrogen industry. The company announced on Friday that......

Euro zone inflation expectations ease as consumers anticipate slower price growth

Consumers across the euro zone became more optimistic about the inflation outlook in June, lowering their expectations for future price increases as easing energy costs helped improve sentiment, according to the latest European Central Bank (ECB) survey. The findings suggest households expected inflationary......

Rubio says Saudi Arabia plans to develop a peaceful nuclear program

US Secretary of State Marco Rubio has said that Saudi Arabia intends to develop a peaceful nuclear energy program, highlighting the growing cooperation between Washington and Riyadh in the field of civilian nuclear technology. Speaking at a press conference on the sidelines of an ASEAN foreign ministers'......

France extends fuel aid deadline for high-mileage drivers amid rising pump prices

The French government has extended the deadline for motorists eligible for the “grands rouleurs” fuel assistance programme, allowing high-mileage drivers to submit their applications until the end of August instead of the original July deadline. Government spokesperson and Energy Minister......

Tangier region launches major waste management project focused on recycling and energy recovery

The Tangier region is preparing a major transformation of its household waste management system through the creation of a modern treatment and recovery facility designed to improve recycling, reduce landfill dependency and generate energy from waste. The Al Boughaz Intermunicipal Cooperation Establishment......

Gulf and Red Sea tensions push oil prices to six-week high

Oil prices climbed to their highest level in more than six weeks as escalating tensions in the Gulf and the Red Sea raised concerns about potential disruptions to global energy supplies. By 9:35 a.m. Moscow time, September West Texas Intermediate (WTI) crude futures had risen 1.44% to $88.08 a barrel.......

EU may allow Russian LNG shipments to third countries for another year

The European Union is reportedly considering allowing European companies to continue transporting Russian liquefied natural gas (LNG) to countries outside the bloc for an additional year, according to the Financial Times. The proposal is reportedly part of discussions surrounding the European Union's......

Russia warns of serious global energy security risks if Gulf tensions worsen

Russia's Foreign Ministry has warned that any further deterioration in the security situation in the Gulf could have serious consequences for global energy security, as tensions continue to rise across the Middle East. Foreign Ministry spokeswoman Maria Zakharova expressed concern over the escalation......