In the News

Russia starts humanitarian electricity supply to Abkhazia, reducing power outages as the region faces severe shortages due to low dam water levels.

Abkhazia struggles with electricity shortages, political instability, and growing tensions, pushing the region closer to a humanitarian catastrophe

Northern Oil bids for Granite Ridge Resources to expand operations, marking its largest potential acquisition to date.

U.S. data center electricity demand could reach 12 percent by 2028, with AI driving growth and grid resilience becoming crucial.

Azerbaijan demands EU withdrawal before signing peace deal with Armenia as constitutional issues and Ruben Vardanyan’s charges complicate negotiations

Geothermal energy startups rise to meet AI power demand, but natural gas remains a strong competitor in the clean energy sector.

YPF and Shell join forces on Argentina’s $50 billion LNG project, aiming for 10M metric tons of LNG production annually for global export.

OPEC+ fears U.S. oil surge under Trump’s deregulation plans, warning that increased production could challenge OPEC+ market share and disrupt oil market stability

U.S. watchdog urges Energy Department to halt loans to green projects, citing potential conflicts of interest in project vetting.

U.S. targets Russian firms, vessels, and operators in fresh sanctions on the Nord Stream 2 pipeline, maintaining opposition to Russia’s energy influence.