Keywords: Energy


IMF warns oil prices and weak monsoon threaten India's economic growth outlook

The International Monetary Fund (IMF) has identified rising oil prices and the risk of a weak monsoon season as the two biggest threats to India's economic growth in the 2026/27 fiscal year, highlighting growing external and climate-related challenges for the world's fastest-growing major economy. According......

Portugal and Morocco seek EU backing for strategic electricity interconnector

Portugal and Morocco are stepping up efforts to advance a long-discussed electricity interconnector, seeking financial support from the European Union while also exploring private-sector investment to accelerate the strategic cross-border energy project. The two countries announced they will jointly......

EU proposes three-year delay on methane emissions penalties for energy importers

The European Commission has proposed postponing financial penalties linked to methane emissions reporting by three years, offering temporary regulatory flexibility to fossil fuel importers while maintaining the bloc's broader climate objectives. Under the proposal, companies importing natural gas,......

France's renewable energy support costs projected to approach €20 billion over 2026-2027

France is expected to allocate nearly €20 billion to support renewable energy producers over 2026 and 2027, according to new projections published by the country's energy regulator, highlighting the growing financial commitment required to accelerate the energy transition. The Commission de......

BP agrees to sell Austrian mobility and EV charging businesses as part of portfolio shift

Energy giant BP has agreed to sell its Austrian mobility, convenience and electric vehicle (EV) charging operations to Volenergy AG, as the company continues efforts to streamline its business portfolio and refocus investment priorities. The transaction, announced on Monday, includes BP-branded retail......

Morocco-Nigeria gas pipeline enters new phase after ECOWAS approval

The Morocco-Nigeria Gas Pipeline has reached a significant milestone after leaders of the Economic Community of West African States (ECOWAS) formally endorsed the project during the bloc's summit in Freetown, Sierra Leone. The approval marks a new stage for one of Africa's most ambitious energy......

Repsol and Engie compete to acquire renewable energy firm Asterion Energies

Spanish energy group Repsol and French utility company Engie have submitted preliminary offers to acquire renewable energy developer Asterion Energies, according to sources familiar with the matter. The potential transaction highlights the growing competition among major European energy companies to......

The hidden environmental cost of artificial intelligence: The race to cut energy use and emissions

The rapid expansion of artificial intelligence is transforming industries, boosting productivity, and reshaping the global digital economy. However, behind the remarkable progress in AI capabilities lies a growing environmental challenge: the increasing demand for energy, water, and computing resources......

Partners Group raises over $15 billion for record direct infrastructure investment program

Swiss asset manager Partners Group has completed fundraising for its fourth direct infrastructure investment program, securing more than $15 billion in commitments and marking its largest infrastructure vehicle to date. The fundraising milestone, announced on Monday, represents a significant expansion......