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Energy

WTI crude oil suffers a sharp drop due to OPEC+ decisions

WTI crude oil suffers a sharp drop due to OPEC+ decisions Written by Antonio Di Giacomo, Senior Market Analyst at XS.com The price of West Texas Intermediate (WTI) started the session on February 3, 2025, with a bullish momentum, opening with a gap above $74.70 per barrel. However, the session was marked by high volatility, leading to a drop of more than 4%, bringing the price down...

25 Countries Unite in the Fight Against Plastic Pollution

25 Countries Unite in the Fight Against Plastic Pollution The World Economic Forum’s Global Plastic Action Partnership (GPAP) has recently welcomed seven new members - Angola, Bangladesh, Gabon, Guatemala, Kenya, Senegal, and Tanzania - bringing its impact-focused global network to 25 countries with a combined population of over 1.5 billion people. This marks a pivotal milestone in the fight against plastic pollution and solidifies GPAP as the...
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Representatives of international delegations at the 5th Annual POWER WEEK ASIA

Representatives of international delegations at the 5th Annual POWER WEEK ASIA in SingaporeA five days electric power & energy conference, inclusive of 2-day focal...

Registration opens for 2nd Annual POWER WEEK AFRICA in Johannesburg

Registration opens for 2nd Annual POWER WEEK AFRICA in Johannesburg A five days electric power & energy conference, inclusive of 2-day focal point main conference,...

Huge desert solar initiative to make Africa a renewables power-house

Huge desert solar initiative to make Africa a renewables power-house The details of the “Desert to Power Initiative” have been outlined as part of the...

Small Island Developing States and IRENA to Take Energy Transformation to Next Level

Small Island Developing States and IRENA to Take Energy Transformation to Next Level Leaders of small island developing states (SIDS) and development partners meet today...

Completion of world’s largest combined cycle power plants in record time

Completion of world’s largest combined cycle power plants in record time In collaboration with the Egyptian Ministry of Electricity and Renewable Energy, Siemens and its...

IRENA to Highlight Key Role of Renewables to Realisation of SDGs at UN HLPF

The International Renewable Energy Agency (IRENA) will highlight the central contribution renewables make to sustainable development and the substantial, cross-sectoral socioeconomic benefits of energy...

Finland and China invited companies to develop smart energy solutions in unique test platforms

Finland and China invited companies to develop smart energy solutions in unique test platforms Finland and China are building open international test platforms to develop...

Renewable energy jobs surpass 10 million worldwide for the first time, finds IRENA report

Renewable energy jobs surpass 10 million worldwide for the first time, finds IRENA report The International Renewable Energy Agency has launched its latest report on...

Masdar acquires stake in Montenegro’s first wind farm

Masdar acquires stake in Montenegro’s first wind farm Masdar, Abu Dhabi Future Energy Company, today signed a share purchase agreement (SPA) with Akuo Energy, the...

The largest floating solar PV plant in the world

The largest floating solar PV plant in the world Indonesian power company PT Pembangkitan Jawa-Bali (PT PJB), a subsidiary of the state electricity company Perusahaan...

Off-grid Solar set to triple in Africa

Off-grid Solar set to triple in Africa The IEA has found that the amount of power from solar grew by more than 50%, and has...

The first large-scale wind farm in the GCC region

The first large-scale wind farm in the GCC region Abu Dhabi’s renewable energy company, Masdar, signed an Engineering, Procurement & Construction (EPC) contract with a...