The G7 nations, a group of major industrialized countries, have struck a deal to eliminate coal-fired power plants within their borders by the first half of the 2030s. This significant move represents a major step forward in the global effort to combat climate change by reducing greenhouse gas emissions.
In the News
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In a shocking turn of events, the Khor Mor gas field in Kurdistan, Iraq, has been forced offline due to a series of drone attacks, resulting in tragic loss of…
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Investment in off-grid solar dropped by 43% in 2023, posing risks to achieving universal energy access. GOGLA highlights urgent need for enhanced funding to meet 2030 sustainable goals.
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Sierra Leone’s Energy Minister resigned following a severe electricity crisis. The government has made payments, restoring power to Freetown and other cities.
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Thailand’s government shakes up its economic leadership, appointing veteran energy executive Pichai Chunhavajira as the new finance minister. Pichai inherits a sluggish economy grappling with slow growth, high household debt, and the ripple effects of a regional slowdown. His ability to revive economic activity and bridge the policy gap between the government and central bank will be critical in determining Thailand’s future economic trajectory.
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The Nigerian Minister of Mines and Steel Development, Abubakar Bawa Bwari, has initiated discussions with the original developers and Technical Partner Experts (TPE) of the Ajaokuta Steel Company to expedite…
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Major oil and gas companies reported weaker-than-expected first-quarter earnings on Friday, as a sharp drop in natural gas prices compared to last year took a bite out of profits. The results for Big Oil firms are a stark contrast to the record-breaking levels seen in 2022.
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In a significant development for the oil industry, Trident Energy has initiated exploration activities in the Republic of Congo, signaling a new chapter in the country’s energy sector. The move…
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Oil prices experienced a volatile swing on Thursday, initially dipping due to weak US economic data before rebounding on reassurances about the US economy’s strength and jitters surrounding the Israeli-Palestinian conflict.
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In 2023, global battery storage capacity saw unprecedented growth, doubling the previous year’s numbers with 42GW added, significantly advancing the energy transition worldwide.