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China Plans Carbon Footprint Management System

China aims to establish an initial carbon footprint management system by 2027, it has said, a move that would create a more comprehensive and unified system of standards to measure.

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LNG Demand Spikes as South Asia Reels Under Heatwave

Extreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as importers seek cargoes ahead of summer, with imports in South Asia hitting records. This.

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EU Nations Agree to Quit International Energy Treaty

European Union countries have unanimously agreed to jointly quit an international energy treaty over concerns that it protects fossil fuel investments and undermines efforts to fight climate change, the Belgian.

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ConocoPhillips to Buy Marathon Oil in $22.5bn Deal

ConocoPhillips has agreed to buy Marathon Oil in a $22.5 billion deal, the latest in a series of mega-mergers in the oil and gas industry as companies look to bolster.

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UAE, South Korea Agree to Slash Import Duties

South Korea and the United Arab Emirates signed a trade agreement at a summit to sharply cut import duties and forge closer business and investment ties. “The special bond between.

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Oil Demand Expected to Rise Until 2034

Goldman Sachs has raised its global oil demand forecast for 2030 and expects consumption to peak by 2034 on a potential slowdown in electric vehicle (EV) adoption, keeping refineries running.

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Abu Dhabi to Get First Gigafactory in 2026

Honeywell and Volts have joined forces to develop the first gigafactory in Abu Dhabi, which will focus on delivering battery cells for Residential Energy Storage Systems (RESS). In line with.

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Veolia to Engineer Largest Solar Desalination Plant

Veolia, world water technology leader, through its subsidiary SIDEM, will engineer and supply key technology for the Hassyan seawater desalination plant in Dubai, United Arab Emirates (UAE). Commissioned by Dubai.

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Major Heat Wave Blamed for Power Outages in Mexico

Widespread recent power outages in Mexico were caused by unseasonably hot weather, the country’s president has said, assuring consumers that the national grid has sufficient generating capacity going forward. President.

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Sri Lanka Signs Wind Power Deal with India’s Adani Group

Sri Lanka has entered into a 20-year power purchase agreement with India’s Adani Green Energy Ltd for two wind power stations developed by the company, a cabinet statement said. Adani.

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