Citi

Kazakhstan

Kazakhstan has coal reserves sufficient for over 300 years

Kazakhstan’s coal industry continues to show steady growth, ensuring reliable domestic supply and expanding export potential, citing the Ministry of Energ…

Canada

Canada plans to double capacity of electricity grid by 2050

Canada on May 14 unveiled a C$1 trillion ($729 billion) strategy to double ​the capacity of its electricity grid by 2050, citing ‌rapidly increasing power…

United Kingdom

Protium acquires UK-backed green hydrogen project from Storegga

Protium has acquired the 15MW UK government-backed Cromarty green hydrogen project amid a wider portfolio gain from climate technology developer Storegga.It fol…

Italy

Italy's Ferrari sets price of first electric car at over $640,000

Italian luxury sportscar ​maker Ferrari has ‌settled on a preliminary ​price of ​about 550,000 euros ($647,130.00) for ⁠its first ​fully electric ​superc…

Electric Vehicles

VW to stop making its top electric vehicle in the US

Volkswagen said on April 9 it will end production of the ID.4 electric SUV out of ‌its Tennessee plant this month, citing a challenging time for the U.S. e…

India

India orders Tata Power's 4-GW Gujarat coal plant to run full-tilt in summer

March 23 - India has directed Tata Power's 4-gigawatt imported-coal plant in the western state ​of Gujarat to run at full capacity from April ‌1 to June 3…

Energy Storage System

Egypt to build 5.62 GW of green energy and storage capacity

Prime Minister of Egypt Mostafa Madbouly attended a signing ceremony for agreements on the construction of renewable energy facilities and electricity storage s…

Kazakhstan

Kazakhstan launches construction of largest wind power plant in its south

Kazakhstan's Zhambyl Region hosted a capsule-laying ceremony at the construction site of the future Mirny wind power plant, Qazinform News Agency reports, citin…

South Korea's Doosan Enerbility to Build Small Modular Nuclear Reactor Manufacturing Plant

South Korea's Doosan Enerbility plans to construct a dedicated manufacturing plant for small modular reactors (SMRs). According to Korea's Business Kore…

1,200 MW Kalai-II Hydropower Project In Arunachal Pradesh Gets Central Environment Panel's Nod: Report

The 1,200 MW Kalai-II hydroelectric project on the Lohit River in Anjaw district of Arunachal Pradesh has received the environmental clearance from a Union Envi…

Slovenia's net electricity output falls 2% y/y in Nov

Compared with the previous month, net electricity output increased 63%, the statistical office said in a statement, citing provisional data on Monday.In Novembe…

Oil & Gas Trade

Carlyle Hires Goldman Sachs for Lukoil Asset Bid

U.S. private equity firm Carlyle has engaged Goldman Sachs to assist with its potential acquisition of international assets from Russian oil company Lukoil. Thi…

United States

OpenAI Projects 220 Million Paying ChatGPT Users by 2030

OpenAI forecasts that by 2030, approximately 220 million weekly ChatGPT users will subscribe to paid plans, representing 8.5% of an expected total of 2.6 billio…

United States

Apple Delays Next Version of iPhone Air, the Information Reports

Apple (AAPL.O) will delay the release of the next version of its iPhone Air, originally planned for fall 2026, due to weaker-than-expected sales, according to a…

United States

Boeing Gets Nod to Start Next Phase of 777X Certification Trials

Boeing (BA.N) has received approval from the U.S. Federal Aviation Administration (FAA) to begin the third of five major phases of certification flight tests fo…