India’s Solex Energy is poised to transform the solar panel industry with a groundbreaking $1.5 billion investment, turbocharging production and targeting major export markets in the United States, Reuters reports
Browsing: energy sector
India’s BPCL is set to launch a spot crude oil tender designed to replace Russian supplies, a source told Reuters. This bold step underscores India’s determination to diversify its crude oil sources amid the shifting dynamics of the global energy market
Political turmoil in France is throwing a wrench into offshore wind projects, industry insiders reveal to DredgeWire. Regulatory hurdles and changing policies are fueling investor uncertainty, putting the country’s bold renewable energy goals at serious risk
Russia’s oil industry stands on the edge of a dramatic shake-up as a fierce clash erupts between leading traders, Bloomberg reveals. This high-stakes rivalry threatens to disrupt supply chains and could deepen the already formidable challenges brought on by global sanctions
Japan’s JERA is gearing up to boost its footprint in the U.S. by acquiring the Hayneville shale gas assets in west Louisiana. This bold move aims to power up JERA’s energy portfolio and capitalize on the growing demand for natural gas
Petrobras and Equinor stole the spotlight in Brazil’s latest pre-salt auction, securing major offshore oil blocks that promise to reshape the energy landscape. This thrilling development underscores a booming wave of interest and investment in the country’s vast deepwater reserves, Reuters reports
France’s top energy companies are enlisting seasoned procurement leaders to drive strategic sourcing and lead the charge on sustainability. These trailblazing executives are revolutionizing supply chains, adapting swiftly to market shifts, and unlocking unprecedented levels of efficiency and innovation
Italian energy giant Eni is gearing up to launch LNG exports from Argentina by 2029, following a groundbreaking joint venture with Malaysia’s Petronas set for 2026. This dynamic collaboration promises to supercharge and transform South America’s liquefied natural gas market like never before
China’s crude oil imports in September rose by 3.9% compared to last year, though they slipped 4.5% from August, Reuters reports. This slight year-on-year gain paired with a monthly decline reveals the shifting demand and dynamic market forces shaping the industry
The recent policy shifts in the US and China have sent shockwaves through the global renewable energy sector, igniting concerns over a potential slowdown in clean energy investments, Al Jazeera reports
Russia has scaled back its coal production forecast for the Kuzbass region in 2025, citing market challenges and shifting regulations, Energies Media reports. This adjustment highlights a strategic move amid the global push for a major energy transition
Crude oil prices surged dramatically on Wednesday as escalating sanctions and mounting geopolitical tensions ramp up pressure on Russia’s energy exports, fueling fears of widespread disruptions to the global supply, Yahoo Finance reports
US subsidy rules are set to disrupt Germany’s BayWa renewable energy unit, threatening its competitive edge. These new regulations could seriously challenge BayWa’s bold ambitions to expand in the US market
As the U.S. and UK spark a thrilling new ‘nuclear golden age,’ investors are racing to seize the sector’s hottest stocks. TipRanks uncovers the top nuclear energy companies poised for explosive growth, driven by soaring demand and powerful government support
Azerbaijan’s state oil giant SOCAR is set to make a powerful move by acquiring Italian oil refiner Italiana Petroli, marking a bold leap to boost its footprint in Europe’s energy market, reports OC Media. This deal stands as a crucial milestone in SOCAR’s ambitious expansion strategy
EDF is gearing up to reduce its presence in Brazil, signaling a bold new direction for its Latin American operations. This move reflects the company’s proactive response to broader industry challenges and a sharpened focus on reinforcing its key markets, insiders disclose
GE Vernova is gearing up to cut 600 jobs across Europe, including 120 in France, as part of a bold strategy to streamline its operations. According to a recent report by Investing.com, this move underscores the growing pressures and challenges currently reshaping the industry
Repsol, a trailblazer in the global energy arena, is making bold strides across oil, gas, and renewable sectors. Fueled by a deep commitment to sustainability, Repsol is powering the global energy transition like never before
India slashes GST on renewable energy components to just 5%, igniting a powerful surge in clean energy adoption and slashing costs. This bold move supercharges the nation’s green transition, propelling rapid growth across the renewable sector. (Yahoo Finance)
Ignacio Galán met with the UK Prime Minister at Downing Street to unlock thrilling new investment opportunities, strengthening the energy partnership between the UK and Spain. Their conversation focused on advancing cutting-edge sustainable energy projects and enhancing bilateral cooperation for a greener future