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Russian
Russia Plans $6.2b Outlay to Build 1,600 Commercial Ships by 2036
The Russian government has outlined a comprehensive strategy to modernize and expand its national shipbuilding industry, aiming to enhance domestic capabilities…
United States
Thermo Fisher Scientific Announces $2 Billion Investment in U.S. Operations
Thermo Fisher Scientific Inc., based in Waltham, Massachusetts, has announced a $2 billion investment in the United States over the next four years to advance i…
Nuclear Fusion
UK Announces £410M Investment to Advance Fusion Energy
UK invests in new nuclear fusion energy plant.The UK government has announced a £410m investment to advance the development of nuclear fusion energy and b…
Crude Oil
China Expands Operations Across Iraq’s Huge West Qurna 1 Oil Field
The history of the Middle East since the 1990s has been in many aspects been defined by China’s need to secure sufficient energy to power its economic gro…
Natural Gas
Germany’s Natural Gas Consumption Rose by 3.3% in 2024
Germany’s natural gas demand rose by 3.3% in 2024, due to lower prices compared to last year, preliminary estimates by the association of the German utili…
Nuclear Power Plant (NPP)
Vietnam Weighs Resuming Nuclear Power Development Plans
Vietnam is considering resuming plans to develop nuclear power to ensure national energy security and to support economic growth, according to a government docu…
Gas Pipeline
OB3 Gas Pipeline Project to Facilitate 2.2b Gas
In yet another major step towards boosting nationwide gas supply to drive industrialisation and economic growth, the Nigerian National Petroleum Company Limited…
Energy-Eficient Building
New Initiatives Target Energy Efficiency Growth in Saudi Arabia
The Saudi government has unveiled eight new initiatives to boost energy efficiency, targeting sustainable economic growth and lower carbon emissions.The new ini…
Renewable Energy
Pakistan Needs to Tap Renewable Energy Potential for Sustained Growth
Pakistan, which has a negligent share of renewable energy sources in the power mix, desperately needs to tap the green energy potential to boost economic growth…
Oil & Gas Trade
Oil Falls 1% on Concerns Over China's Economic Growth Plan
Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/file photo Purchase Lic…
Offshore Wind Power
Cross River, Oando to Build Wind Power Generating Plant, Others
The Cross River State Government said it has taken the first concrete step towards the industralisation and economic growth of the state. The state signed a Mem…
Solar Panel
UAE's Masdar to Develop 150 MW Solar Project in Angola
Abu Dhabi Future Energy Company, known as Masdar, is planning to develop a 150 megawatt solar power project in Angola to provide renewable energy to 90,000 home…
Oil & Gas Trade
Russian Oil Shaves India's Import Costs by About $2.7 Billion
India saved roughly $2.7 billion by importing discounted Russian oil in the first nine months of this year, according to calculations based on government data, …
Power Construction
World Bank Approves $1 Bln Loan to Help South Africa Tackle Power Crisis
The World Bank said on Wednesday that its board had approved a $1 billion loan to help South Africa reform its energy sector, as the country tries to overcome r…
Electricity Transmission
Energy Transition: 600M Africans Lack Efficient Power Supply — Experts
They said that the continent requires much energy supply to bridge the gap in achieving the United Nations Sustainable Development Goals, which are targeted at …
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