In the News

Duke Energy seeks $1.1 billion to recover hurricane costs, proposing a temporary rate increase starting in March 2025.

Big Oil reduces renewable investments, focusing on oil and gas profits. Climate and geopolitical pressures set the stage for a challenging 2025.

Nigeria, Angola, and Algeria lead Africa’s oil production, driving economies while navigating structural challenges and global market fluctuations.

The Rogun dam project in Tajikistan aims for economic transformation but faces challenges including rising costs, environmental risks, and regional competition

Gazprom projects 416 bcm gas output in 2024, marking a 61 bcm recovery from 2023 lows, driven by rising domestic demand and China exports.

New York fines fossil fuel companies $75 billion to address climate damages and fund resilience projects, shifting costs from taxpayers to polluters.

Emerging technologies like solid-state batteries, wireless charging, and solar paint are set to revolutionize the electric vehicle industry over the next decade

Russia’s Christmas Day strikes on Ukraine leave thousands without power as attacks on energy infrastructure intensify. Biden pledges expedited aid.

Japan awards contracts for offshore wind farms, advancing renewable energy goals and targeting carbon neutrality by 2050 despite industry challenges.

Mexico’s oil and gas output hit its lowest in 2024 during November, underscoring Pemex’s struggles and challenges in meeting production goals.