Big Oil reduces renewable investments, focusing on oil and gas profits. Climate and geopolitical pressures set the stage for a challenging 2025.
In the News
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Nigeria, Angola, and Algeria lead Africa’s oil production, driving economies while navigating structural challenges and global market fluctuations.
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The Rogun dam project in Tajikistan aims for economic transformation but faces challenges including rising costs, environmental risks, and regional competition
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Gazprom projects 416 bcm gas output in 2024, marking a 61 bcm recovery from 2023 lows, driven by rising domestic demand and China exports.
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New York fines fossil fuel companies $75 billion to address climate damages and fund resilience projects, shifting costs from taxpayers to polluters.
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Innovative Technologies to Transform Electric Vehicles Over the Next Decade
Emerging technologies like solid-state batteries, wireless charging, and solar paint are set to revolutionize the electric vehicle industry over the next decade
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Russia’s Christmas Day strikes on Ukraine leave thousands without power as attacks on energy infrastructure intensify. Biden pledges expedited aid.
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Japan awards contracts for offshore wind farms, advancing renewable energy goals and targeting carbon neutrality by 2050 despite industry challenges.
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Mexico’s oil and gas output hit its lowest in 2024 during November, underscoring Pemex’s struggles and challenges in meeting production goals.
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Russia warns of a complex gas transit crisis as Ukraine ends its pipeline deal, raising concerns over European supplies and rising energy costs