India’s Coal Use Could Double by 2050
India’s coal demand could more than double by 2050 from current levels under current policies, a new report by NITI Aayog, the policy think tank of the Indian government, showed…
China’s LNG Imports Are Poised for a Rebound This Year
China’s LNG imports are set to rebound this year, rising by between 3% and 10% from 2025, driven by lower prices that are expected with the new supply wave, analysts…
Britain Bets Big on Renewables with Record Solar and Onshore Wind Awards
The UK continues to bet big on renewables, aiming for a 95% clean electricity supply, and has awarded a record volume of solar and onshore wind capacity in its latest…
BP Suspends Buybacks to Strengthen Balance Sheet
BP (NYSE: BP) is suspending share buybacks and retiring the goal to return 30-40% of operating cash flow to shareholders, as the supermajor looks to strengthen its balance sheet amid…
Queensland Opens Up Australia’s First Major New Oil Province in 50 Years
The Queensland government has appointed its preferred tenderers to explore for oil and gas in the Taroom Trough, in a move to potentially open Australia’s first new major hydrocarbon province…
