World News by Wild Rose

Oil output from the United Arab Emirates climbed to record levels last month, the International Energy Agency said, underscoring its resilience during the Iran war and liberation from OPEC+ limits.

Chief Minister discusses opportunities in energy, automobiles, aerospace and defence with Czech delegation

Market strategists predict that the earnings season just kicking off in Europe will be a blockbuster one, with sectors including technology and energy taking the lead in beating profit estimates across the continent.

The Tamil Nadu government has clarified that due to the high power demand in the State this time, thanks to a prolonged summer-like situation, they have had to go in for such an agreement

Canadian Minister of International Trade says they see a lot of collaborative opportunities in India especially in the field of energy, mining, and food security. Maninder Sidhu spoke to Haslinda Amin on the sidelines of the Bloomberg New Economy Forum in New Delhi. (Source: Bloomberg)

Maharashtra State Electricity Transmission Co. has selected six investment banks for a planned initial public offering that could raise as much as $800 million, according to people familiar with the matter.

Oil rose as a flare-up in attacks in the Middle East increased uncertainty over a recovery in energy flows from the Persian Gulf.

Kelly Grieco, a senior fellow at global research firm the Stimson Center, said a ceasefire on attacking energy infrastructure between Russia and Ukraine benefits the Russians more as the country is able to sell oil to fund the war. Grieco said that even if Ukraine is not able to hit Russian energy infrastructure there are still ways to inflict damage including hitting at travel hubs like airports. (Source: Bloomberg)

The current peak power demand is 21,000 MW when compared to 16,000 MW last year — a 30% increase due to the El Niño effect, says Nirmal Kumar

Upgrading existing reactors offers a faster path to more nuclear power, but the available capacity is quickly running out.

US President Donald Trump’s decision to ease sanctions on Russian diesel exports and allow fresh supplies to reach global markets could give India greater leverage in its own dispute with Washington over discounted crude purchases, analysts said. Beyond the energy dispute, they said the move could also open up diplomatic opportunities for New Delhi, from pressing for more consistent treatment by Washington to building on its efforts to help negotiate an end to the Russia-Ukraine war. Under the...

This e-book explores the deep-seated tensions emerging on the path to net-zero and confronts the difficult questions that are often overlooked.

Tokyo, Oct. 13 (Jiji Press)--The Japanese government on Tuesday adopted three bills to strengthen and diversify the country's energy supply chains amid disruptions caused by the war in the Middle East. One of the bills calls for providing subsidies to refineries to help cover cost increases stemming from efforts to procure crude oil through routes outside the Strait of Hormuz. The second...

Africa is rich in energy, yet hundreds of millions Africans still live without electricity, most of the world's total.

While Ukraine's Volodymyr Zelensky suggests he would sign up to a ceasefire on energy infrastructure, Russia has said little.

The BBC's Dan Johnson reports from Kyiv, where Ukrainians face another winter with electricity outages.

Global diesel prices remain near record highs as Gulf producers struggle to restore refined-fuel exports, despite a recovery in crude shipments and pledges by more countries to release reserves. Net diesel exports from Gulf countries averaged 390,000 barrels per day in August, just over a quarter of their levels before the US-Israel war on Iran, according to the latest available data by the International Energy Agency (IEA) published in September. One obstacle to recovery is that Persian Gulf...

China has begun building the world’s first utility-scale power plant combining two emerging technologies: supercritical carbon dioxide (CO2) generation and large-scale molten salt energy storage. The Ruitan project, under construction at a coal-fired power station in Yantai in eastern China’s Shandong province, is intended to demonstrate how combining these technologies can reduce energy wastage and improve the stability of the electrical grid. Electricity produced when demand is low is stored...

China’s thermal coal prices climbed to a three-year high as sluggish domestic production growth and disruptions in top exporter Indonesia coincide with an energy rally driven by the US-Iran war.

Saudi Arabia’s ability to supply energy remains resilient amid major market and security turmoil, Energy Minister Prince Abdulaziz bin Salman said, as the kingdom suffers attacks on energy and aviation infrastructure.

Oil slipped as traders weigh a potential energy ceasefire between Ukraine and Russia while the IEA urged members to speed up pledged diesel releases. This comes after hostilities escalated across the Middle East, with strikes by Houthis on Saudi Arabia’s Riyadh airport. Angela Wilkinson, Secretary General at the World Energy Council spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa to discuss the pressures on the energy markets. (Source: Bloomberg)

This is a special contribution from the Centre on Contemporary China and the World at the University of Hong Kong. Read the full report at the end of the article. It will be available on the institute website cccw.hku.hk from October 13. With the rising strategic significance of energy, especially due to the need to support China’s artificial intelligence (AI) development, members of the Communist Party’s 20th Central Committee with energy backgrounds – the country’s “movers and shakers” in this...

Ukrainian President Volodymyr Zelenskyy had pushed for a 60-day full ceasefire.

President Donald Trump said Sunday that Russia and Ukraine have agreed to an “energy ceasefire” effective immediately.