UK Energy Bills Set to Rise in Early 2026
UK households will pay slightly higher energy bills in the first quarter of 2026 after energy market regulator Ofgem on Friday raised the…
EU Considers Buying Stakes in Australian Critical Minerals Projects
The European Union is considering buying direct stakes in critical minerals projects in Australia as a way to secure supply, Maros Sefcovic, European Commissioner for Trade and Economic…
UAE Eyes $50 Billion Investment Blitz in Canada’s Energy and AI Sectors
The United Arab Emirates is ready to invest as much as $50 billion in Canada’s industries, notably energy and artificial intelligence, following a visit by Prime Minister Mark Carney in……
COP30: High stakes for energy and climate on final day
Eleven days of high-level discussions and negotiations come to a head in Brazil today with the final scheduled day of COP30. Countries are engaged in last-minute negotiations to finalise a global agreement,…
COP30: High stakes for energy and climate on final day
Eleven days of high-level discussions and negotiations come to a head in Brazil today with the final scheduled day of COP30. Countries are engaged in last-minute negotiations to finalise a global agreement,…
ITM Power wins 710MW German electrolyser contracts
German engineering and project development company Stablegrid Group has chosen ITM Power to supply electrolyser capacity totalling 710 megawatts for two energy infrastructure projects. In the first project in Rüstringen,…
Oil Prices Have Fallen Sharply
Crude oil prices have fallen sharply, Nadir Belbarka, an analyst at XMArabia, said in a statement sent to Rigzone on Friday, highlighting that Brent was at $62.67 per barrel and WTI…
New U.S. Sanctions Could Leave 48 Million Barrels of Russian Oil Adrift at Sea
U.S. sanctions on the global operations of Russian oil heavyweights Rosneft and Lukoil enter into effect today, with some 48 million barrels of Rosneft and Lukoil crude on tankers that……
Trump Outrages California Authorities With Oil Drilling Plan
The U.S. federal government on Thursday announced plans to allow oil and gas drilling off the coast of California and Florida for the first time in decades, prompting a strong……
Oil Prices Sink 2.6% After Zelenskyy Agrees to Work on Peace Deal
Oil prices dropped again on Friday morning, bogged down by fresh news that Ukraine’s Zelenskyy agreed to work with Washington on a peace plan, a development that could…
