Cuba's electrical grid collapsed on Wednesday, plunging the entire island of over 11 million residents into darkness. The Ministry of Energy and Mines…
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Key Points:
Large refineries may absorb only part of waived biofuel quotas.
Plan targets 1.1B gallons from 2023; older credits expired.
Farm…
Ethiopia officially inaugurated the Grand Ethiopian Renaissance Dam (GERD) on September 9, a massive hydroelectric project on the Blue Nile that is ex…
China has achieved some of the fastest environmental improvements in the world, even as it remains the largest industrial hub. Over the past decade, l…
Core producers agree on modest output increase despite weakening price signals. OPEC+ producers, led by Saudi Arabia and Russia, announced on Sunday t…
ExxonMobil’s divestitures highlight industry-wide transition as chemical sector valuations and M&A activity accelerate.
ExxonMobil is moving fo…
Oil prices declined about 1% on Thursday, hitting their lowest levels in two weeks after U.S. government data revealed a surprise build in crude stock…
China’s top four solar panel manufacturers, LONGi, Jinko Solar, Trina Solar, and JA Solar, reported combined net losses of nearly RMB11 billion (US$1.…
ConocoPhillips, the third-largest U.S. oil and gas producer, announced Wednesday that it plans to reduce its global workforce by 20% to 25% as part of…
Oil prices rose more than 1% on Tuesday, supported by new restrictions on Iranian oil flows and expectations that OPEC+ producers will maintain curren…
Global Oil Prices Edge Higher on Monday, supported by a weaker U.S. dollar and declining Russian crude shipments. The moves reflect shifting supply-an…
Rosneft, Russia’s state-controlled oil giant, reported a steep 68% drop in net income for the first half of 2025, underscoring the growing financial s…
