Brazil is facing escalating challenges as soaring electricity prices amplify the impact of renewable energy curtailment. Industry experts warn that this alarming trend could stall the growth of clean power projects, threatening the nation’s green energy future
Russia is preparing to tap into its National Wealth Fund at a breakneck pace as oil and gas revenues plunge dramatically. This daring strategy aims to stabilize the economy amid falling energy prices and escalating sanctions, The Moscow Times reveals
Engie and Google have supercharged their carbon-free energy partnership in Germany, aiming high to boost renewable energy adoption and fuel Google’s data centers with clean, sustainable power, Renewables Now reports
China’s top oil giants are now looking to Beijing for guidance on navigating their operations in Venezuela. With escalating U.S. sanctions and political unrest shaking the region, this move highlights Beijing’s growing influence in the global energy stage
A Brazil labor court has ordered that 80% of Petrobras’ workforce remain on duty, ensuring operations continue seamlessly amid ongoing disputes. This bold decision underscores the court’s dedication to maintaining stability in the vital energy sector
Exclusive: India has reportedly slapped a massive $30 billion demand on Reliance Industries and BP, accusing them of drastically underproducing from a key gas field, sources told Reuters-escalating the already fierce tensions in the energy sector
Gasoline and diesel prices in the USA are poised for significant ups and downs in 2025 and 2026, fueled by evolving supply chains, geopolitical challenges, and shifting energy policies-trends that will impact not just consumers but the entire economy
Argentina wraps up a groundbreaking year in oil production and energy surplus, driven by the explosive growth of the Vaca Muerta shale formation. This remarkable surge not only strengthens the nation’s energy independence but also opens the door to thrilling new export opportunities, officials reveal
Statkraft has triumphantly secured EUR 5 million via crowdfunding to power up the upgrade of its wind farm in Spain, boosting capacity and fast-tracking the expansion of renewable energy across the region
Brazil’s union is on the verge of accepting Petrobras’ labor offer, signaling an end to the prolonged strike. This landmark agreement is set to resolve ongoing disputes and reignite oil production, delivering a vital boost to the energy sector’s strained supply chain
Brazil, Guyana, and Argentina are set to ignite a major surge in global crude oil production by 2026, the U.S. Energy Information Administration (EIA) reveals, highlighting these South American giants as trailblazers shaping the future of the energy world
Argentina’s YPF is preparing to sell its fertilizer business, marking a bold step to concentrate on its core energy assets, Bloomberg sources reveal. This strategic move underscores the company’s dedication to streamlining operations and charting a dynamic new course for the future
Sonnedix has rapidly emerged as a leading force in Italy’s renewable energy scene, powering ahead with over 800MW of thrilling new solar projects. This remarkable expansion showcases the company’s growing influence in spearheading the country’s clean energy transformation
Fitch warns that today’s electricity market prices are posing serious challenges for France’s EDF, threatening its financial stability. The energy giant faces mounting pressure as volatile market conditions and shifting demand transform the industry landscape, the rating agency reveals
Sumitomo is gearing up to invest an impressive $1.3 billion in renewable energy projects across India, sparking a dynamic boost in sustainable power capacity and propelling the country’s clean energy revolution forward. This ambitious move highlights the growing global wave of enthusiasm for green investments
Berlin is setting its sights on a majority stake in TenneT Germany, according to Boersen-Zeitung. This ambitious move aims to strengthen state control over critical energy infrastructure as the nation speeds up its energy transition
Large Indian refiners are ramping up their purchases of Russian oil, enticed by highly competitive prices. In contrast, Reliance Industries is treading carefully, opting to hold back amid the current geopolitical uncertainties, Bloomberg reports
Russia has intensified its attacks on Ukraine’s energy infrastructure, targeting power plants and grids in a ruthless effort to plunge civilians into darkness just as winter looms, CBS News reports. Amid the ongoing conflict, Ukraine faces widespread power outages that are leaving communities struggling to stay warm and connected
California utilities have achieved a major regulatory win in their wildfire resilience efforts, securing eased requirements as they work to boost safety amid complex operational hurdles, sources tell E&E News
Russia’s oil and gas revenues tumbled by a staggering 34% year-on-year in November, revealing a sharp downturn driven by relentless sanctions and fading global demand, The Moscow Times reports. This steep drop is placing immense strain on the country’s economy
