New UK gas and oil projects are a ‘no-brainer’, says EDF boss
The chief executive of EDF Energy has joined renewable energy leaders in supporting new North Sea oil and gas projects, arguing they pose no contradiction to net zero climate goals.
Strikes by North Sea oil workers could ‘severely disrupt’ UK fuel supplies
North Sea oil workers at Apache are poised to strike over pay disputes, potentially disrupting UK fuel supplies and affecting critical oil platforms and pipeline systems.
The Middle East’s Next Energy Boom Has Nothing to Do With Oil
The Middle East is pivoting toward renewable energy and low-carbon products, with solar costs at world-lowest levels and battery storage capacity projected to increase nearly eightfold by 2030.
Energy Costs Are Driving U.S. Inflation, and Wages Aren’t Keeping Up
U.S. inflation remains elevated at 3.7 percent over the past year, driven primarily by surging energy costs including a 34.2 percent increase in gasoline and 74.2 percent rise in fuel oil, outpacing wage growth.
Europe’s Power Demand Returns to Growth
European electricity demand is growing for the first time in years, driven by rising electrification rates and data center expansion amid the continent’s energy transition and AI boom.
Mexico Poised to Approve $12.5 Billion in Renewable Energy Projects
Mexico’s state power utility is set to approve up to 60 renewable energy projects worth $12.5 billion, adding 8.2 GW of generation capacity toward the country’s 2030 energy expansion goals.