China’s Economic Recovery Could it Support Oil Prices?
By Terence Hove Financial Markets Strategist Consultant
Crude oil futures could see better prospects as traders return from the holiday break, focusing on a potential recovery in China’s economy and fuel demand. President Xi Jinping’s pledge to implement growth-supportive policies in 2025 has prompted market participants to assess the broader economic outlook. With China being the world’s largest oil importer,...
Asia to dominate global LNG regasification capacity additions through 2028
Asia will continue to dominate the global liquefied natural gas (LNG) regasification capacity additions, contributing about 68% of the total capacity additions between 2024 and 2028, according to GlobalData, a leading data and analytics company.
GlobalData’s latest report, “LNG Regasification Industry by Capacity and Capital Expenditure with Details of All Operating and Upcoming Terminals to 2028,” reveals that...
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
Leaders of small island developing states (SIDS) and development partners meet today...
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...
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 are building open international test platforms to develop...
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, 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
Indonesian power company PT Pembangkitan Jawa-Bali (PT PJB), a subsidiary of the state electricity company Perusahaan...
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...
A Quarter of India’s Energy Demand Can Be Met with Renewable Energy
Increasing India’s renewables would save 12 times more than it costs
India can raise...
A world record in energy efficiency saves half a million dollars
Pioneering technology leader ABB achieves almost 10% energy efficiency with synchronous motor.
Tests carried out...
