News Powered By AI
News Powered By AI
Canada’s government approved imports of up to 49,000 Chinese-made electric vehicles annually, sparking debate over the policy’s impact on domestic auto manufacturing and EV adoption amid escalating trade tensions.
Nigerian billionaire Aliko Dangote proposes a $17 billion, 700,000-barrel-per-day oil refinery on Kenya’s Lamu Island to process crude for six East African nations and export surplus fuel across the continent.
A heatwave across Europe has driven electricity prices to multi-year highs as surging demand for cooling coincides with reduced power generation from renewable sources and plant outages.
The Bank of England will stop accepting bonds linked to thermal coal for key loan arrangements starting in October, a move climate campaigners view as a significant victory against fossil fuel financing.
Fossil fuels generated 57% of global electricity generation, though this represents a decline from 65% in 2000, according to recent reports analyzing worldwide energy data.
Energy company IPOs are surging to record levels as investors seek exposure to power generation needed for AI data centers, with 2026 fundraising already exceeding $12.6 billion.
