Keywords: Energy


France expects inflation to return to target by 2027–2028

France is expected to experience a rise in inflation in the short term before returning to more stable levels later in the decade, according to François Villeroy de Galhau, head of the Banque de France. Speaking during recent economic discussions, Villeroy indicated that inflation could fluctuate......

Singapore and New Zealand sign pact to secure supply chains during crises

Singapore and New Zealand have signed a new agreement aimed at keeping supply chains open during times of global disruption. The deal reflects growing concerns about the resilience of international trade networks amid geopolitical tensions and economic uncertainty. The agreement was signed in Singapore......

Japan and Australia deepen energy and critical minerals cooperation amid oil crisis

Japan and Australia signed a series of agreements on critical minerals and energy cooperation during a bilateral summit in Canberra, as both countries move to secure supply chains under mounting pressure from global oil market instability linked to tensions in the Middle East. Japanese Prime Minister......

Germany calls for reopening of the Strait of Hormuz amid rising tensions

Germany has called for the reopening of the Strait of Hormuz, a key global energy route, amid escalating geopolitical tensions involving Iran, the United States, and regional allies. German Foreign Minister Johann Wadephul stated during a phone conversation with his Iranian counterpart Abbas Araghchi......

Japanese prime minister to discuss energy security with Australian counterpart

Japanese Prime Minister Sanae Takaichi is expected to hold talks with Australian Prime Minister Anthony Albanese during an official meeting focused on energy security and strategic cooperation, according to media reports. The discussions come as Japan continues to rely heavily on Australia as its main......

ECB policymaker says eurozone recession concerns are “real and justified”

A senior European Central Bank (ECB) policymaker has warned that concerns about a possible recession in the eurozone are “real and justified,” citing growing geopolitical tensions and economic uncertainty linked to the conflict in the Middle East. Yannis Stournaras, Governor of the Bank......

Egypt raises natural gas prices for industries amid global energy volatility

Egypt has increased natural gas prices for several industrial sectors as part of broader efforts to respond to rising global energy costs and reduce public spending on subsidies. The decision, announced through a government decree, took effect in May and primarily targets energy-intensive industries. The......

ADB launches $70 billion plan to boost energy and digital infrastructure in Asia-Pacific

The Asian Development Bank (ADB) has announced a major $70 billion investment programme aimed at transforming energy and digital infrastructure across the Asia-Pacific region by 2035. The plan focuses on strengthening cross-border electricity networks, expanding renewable energy capacity, and improving......

Abu Dhabi Oil Giant Adnoc commits $55 billion to new projects by 2028

The Abu Dhabi National Oil Company (ADNOC) has announced plans to invest $55 billion in new projects over the next two years, marking a significant expansion of its long-term growth strategy in the global energy sector. According to an official statement released on Sunday, the company confirmed that......