Deep Sky to install Airbus DAC unit at Alberta site
Canadian carbon removal company Deep Sky will install direct air capture technology from global aerospace and defence company Airbus at its main site, Deep Sky Alpha, in Innisfail, Alberta. The…
China’s Teapots Fire Up Again as Beijing Opens the 2026 Oil Spigot
China’s independent refiners—the country’s infamous “teapots”— just got their first sip of 2026 crude import quotas. And the timing couldn’t be better for a physical market drowning in unsold sanctioned…
Angola Launches Its First Plant to Process Non-Associated Gas
Angola inaugurated on Thursday its first plant to process non-associated natural gas as the African oil producer looks to develop a standalone gas industry, too. The plant, worth $4 billion,…
China Braces for a Winter That Could Break Its Power Grid
China is heading into winter expecting record power use again, and officials are already warning that both electricity load and daily gas demand are likely to set new highs. The…
Petrobras trims $109 billion capex plan as lower oil prices pressure dividends
(Bloomberg) – Brazilian oil major Petrobras announced a 2% decrease in its next five-year investment plan to $109 billion, putting dividend payments in doubt at a time of lower oil…
False-Flag Tankers Shipped Russian Oil Worth $5.4 Billion This Year
Tankers of the Russian shadow fleet have increased the use of flying false flags this year and exported $5.4 billion (4.7 billion euros) worth of Russian oil between January and…
India’s Serentica Renewables to Invest $11 Billion in Clean Energy
India’s Serentica Renewables plans to invest up to $11 billion to boost its clean energy portfolio by the end of the decade via project acquisitions and new capacity build outs,…
Rocket Attack Forces Shutdown of Gas Field in Kurdistan
The Khor Mor gas field in Kurdistan, one of the biggest gas fields in Iraq’s semi-autonomous region, has been shut down after a rocket attack hit a storage tank and…
Rural Georgia Takes On Big Tech’s AI Power Surge
One of the U.S. hotspots for data center construction, Georgia, has recently seen growing community opposition to huge data centers as residents fear their utility bills will soar and their…
Japan Could Restart World’s Largest Nuclear Plant in January
Japan could restart two reactors at the Kashiwazaki-Kariwa nuclear power plant in Japan, the world’s largest, as soon as January, if a regional assembly endorses next week the governor’s decision…
