Sasol’s Earnings Plunge 48%, Fuel Segment Drags Performance

Sasol’s earnings dropped by 48% in the first half of the 2024 financial year compared to…

Cuba Unveils New Solar Park in Bold Move to Combat Power Blackouts

Cuba has unveiled a new solar energy park in the capital Havana, part of an ambitious…

UK Plans Subsidy Reform to Accelerate Green Energy Projects

The British government has presented plans for reforms of its flagship Contracts for Difference (CfD) scheme…

South Korea to Build Two New Large Nuclear Reactors

South Korea has finalised a new energy mix plan that envisages the construction of two new…

Japan Targets 60% Emission Cut by 2035 with Renewables, Nuclear Boost

Japan has set a bold target to reduce its greenhouse gas emissions by 60% by 2035,…

Sitka Power Boosts Alberta’s Growth with Key Energy Acquisition

Sitka Power Inc. has acquired renewable energy and energy storage projects from Saturn Power Inc., including…

Exxon, SLB Show Interest in Lithium Projects in Chile

US oil major Exxon Mobil is planning a meeting with Chilean officials to discuss lithium investment…

UK Energy Operators Face Scrutiny Over Windfall Profits

Citizens Advice, a UK consumer protection organisation, has reported that energy infrastructure operators in the country enjoyed windfall…

Lénéo Launches Biogas Plant to Boost France’s Green Energy Transition

Lénéo, a renewable energy company, has launched a biogas production unit at the former Tereos distillery…

Brazil Joins OPEC, Amplifies Global Oil Influence

On February 18, 2025, Brazil officially joined the Organization of the Petroleum Exporting Countries (OPEC), marking…