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Keywords: Energy sector
Industrial production in the eurozone unexpectedly declined in May, according to newly released official data, signaling continued challenges for the region's manufacturing sector despite resilience in some industries. Industrial output fell by 0.2% compared with the previous month, marking the......
London’s stock market moved slightly lower on Wednesday as renewed concerns over geopolitical tensions in the Middle East encouraged investors to adopt a cautious stance. The decline was mainly driven by weakness in mining companies, which offset gains recorded by energy stocks benefiting from......
The shift in United States energy policy under President Donald Trump’s second administration is reshaping the country’s clean energy landscape, with a new report estimating that nearly $83 billion in planned investments have been delayed or canceled. The review highlights the growing uncertainty......
Venezuela has confirmed that its oil industry continues to operate normally despite the devastating twin earthquakes that struck the country, causing widespread destruction and claiming more than 4,500 lives. Speaking during a televised meeting with business leaders, acting President Delcy Rodríguez......
Ferguson Enterprises has agreed to acquire industrial distributor FloWorks from private equity firm Wynnchurch Capital in a transaction valued at approximately $1.6 billion, reinforcing its strategy to expand beyond traditional construction markets and deepen its presence in industrial distribution. The......
Iraqi Prime Minister Ali al-Zaidi is expected to use his first official visit to Washington to pursue major investment agreements with American companies, as Baghdad seeks to rebuild its energy sector and strengthen economic resilience after the recent regional conflict with Iran. The visit, scheduled......
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......