Why do countries still subsidise fossil fuels?
Fossil fuels are the leading source of greenhouse gas emissions, which are the primary driver of global warming...
Tag : energy
Saudi Electricity plans dual-tranche USD Sukuk issuance
SEC is the leading electricity producer in Saudi Arabia and holds a monopoly on transmission and distribution across the Kingdom...
OPEC sticks to 2025 & 2026 global oil demand growth forecasts
With Brent crude trading lower at USD 76 per barrel following the release of the OPEC report, oil prices remained stable...
Start-up of the Week: Oklo’s fission powerhouses poised for spotlight following major AI deal
Oklo made history with the first advanced reactor site use permit, gaining access to recycled fuel, and submitting the first-ever advanced reactor combined license application...
Eyeing oil production boost, Libya to go for license bidding in 2025
Ahmet Turkoglu highlighted Libya’s offshore energy sector as a promising area for exploration and development, describing existing fields and brownfields as holding immense opportunities...
Trump’s America First: Trade, taxes, & growth
During his first term, Trump implemented numerous tariffs aimed at levelling the playing field for American manufacturers...
Business Leader of the Week: Zeng Yuqun-led CATL introduces ‘Choco-Swap’ EV battery
CATL was established in Ningde, China, in 2011 by Zeng Yuqun...
Rachel Reeves suffers new setback as UK economy unexpectedly shrinks
Some businesses said that customers waiting for Rachel Reeves' statement had impacted turnover...
Business Leader of the Week: Darren Woods-led Exxon sets aggressive production benchmarks
Exxon Mobil Corporation elected Darren Woods as its senior vice president in 2014...
SOCAR Türkiye optimises group benefits through trade: Fuad Ibrahimov
SOCAR Türkiye is the only private sector player bringing in gas to the country from an alternative source...