Energy Minister: Bulgaria Secures Strong Financial Backing for Vertical Gas Corridor After Final Eurozone Accession Approval

International financial institutions are ready to provide funding eight times greater than what is actually needed for the construction of the Vertical Gas Corridor, Energy Minister Zhecho Stankov said, speaking to journalists in Rome, where he is...

Renewables growing twice as fast as total global electricity generation – IRENA

IRENA’s Renewable Energy Statistics report for 2025 says that 4.4TW of electricity capacity (including renewable hydro) from renewables was online as of 2024, 1.07TW of which was installed since 2022. Variable renewables (solar and wind,...

Oil rises as investors weigh market outlook, tariffs, sanctions

LONDON: Oil prices rose by around 1% on Friday as investors weighed a tight prompt market against a potential large surplus this year forecast by the IEA, while U.S. tariffs and possible further sanctions on Russia were also in focus. Brent crude...

Oil drilling in Kolmani still at appraisal stage — NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stated that oil drilling at the Kolmani oil field is still at appraisal stage to confirm its commercial viability. Speaking during a media workshop for energy Correspondents in...

Oil edges higher as investors weigh market outlook

LONDON - Oil prices edged up on Friday, as investors weighed a tight prompt market against a potential large surplus this year, according to the International Energy Agency, while U.S. tariffs and possible further sanctions on Russia were also in...

Gas industry sees big savings from rewriting LNG rules

Oil and gas industry groups outlined regulatory changes that could save natural gas export terminals millions of dollars each year in comments they filed with federal safety regulators this week. But environmental and safety groups criticized the...

Jennings adopts regulations, guidelines for solar power plants

Jennings adopts regulations, guidelines for solar power plants Published 2:00 pm Thursday, July 10, 2025 Jennings City Hall Any company that wants to build a solar plant in the city of Jennings will have to conform to new regulations and...

Gas vs. induction: Which stovetop is better?

Some people insist that food cooked on a gas stove simply tastes better. Others prefer the easy cleanup of electric or induction stovetops. But which type of stovetop is actually better? While there’s no universal answer, we’ll focus on the...

Oil Swings With Focus on Trump’s Plan for Russia, Saudi Output

“Tougher sanctions on Russia, particularly oil-related, have the potential to alter the outlook dramatically,” said Warren Patterson, the head of commodities strategy for ING Groep NV in Singapore. “The oil market remains relatively tight through...

Slow down on building power plants for all those new AI datacenters, report warns

Datacenters are slurping ever more energy to meet the growing demands of AI, but some estimates of future demand imply an increase in hardware that would be beyond the capacity of global chipmakers to supply, according to an environmental...

Energy bills could be big but not beautiful in GOP-led areas

With the One Big Beautiful Bill Act now law, there could be a spike in consumer energy bills in states represented by Republicans and handouts to blue-state residents. That’s terrible news for everyday Americans and for members of the GOP hoping...

Energy minister pushes to limit profits on solar net metering amid power sector reforms

ISLAMABAD — Federal Energy Minister Owais Leghari has renewed efforts to convince the federal cabinet to end provincial taxes on electricity bills and limit profits from solar net metering, despite opposition from provincial governments. He plans...

Turkish power plant reborn as regional cultural hub

A century-old power plant in northern Turkey has been converted into a culture hub, part of a European Union-backed effort to bring contemporary art and other programmes to parts of the country long left off the modern culture map. Motorhane,...

Gas prices up across the Maritimes

Energy policy must enable both people and nature to thrive, Bishop of Norwich tells peers

CLIMATE change “seems to be slipping down political agendas”, the Bishop of Norwich, the Rt Revd Graham Usher, told peers on Wednesday, in a House of Lords debate about energy policy. Bishop Usher spoke in the debate after attending a mass lobby...

Energy experts alarmed after budget bill keeps cuts to solar tax credits: 'Take action now'

Despite increased pressure from environmental groups and solar energy advocates, the controversial "One Big Beautiful Bill" has been signed into law. Because of this, the residential solar tax credit is now set to expire by the end of 2025. What's...

Energy transition boom drives rise in lawsuits against alleged rights abuses

A new analysis has found that lawsuits against transition mineral mining firms and renewable energy companies are increasing worldwide. The NGO Business & Human Rights Resource Centre (BHRRC) in its new report published July 1 notes that since...

Gas Storage: EU Parliament Backs Refill Flexibility to Bring Down Prices

The new measures prepared in Brussels aim to tackle speculation on the gas market and reduce prices by introducing greater flexibility in the rules on refilling gas storage facilities. The regulation, already agreed between MEPs and the Council of...

Energy Ministry endorses Enertrag Ghana project

The Ministry of Energy and Green Transition has reaffirmed its strong commitment to expanding Ghana’s renewable energy capacity, spotlighting the Enertrag Ghana project as a critical pillar in the country's sustainable energy agenda. This...

Bitcoin producer’s Northern power plants come to the rescue of the provincial grid

Hut 8 Mining signs five-year agreements with IESO to supply peak power from natural gas plants A Florida bitcoin producer and data centre company with Ontario ties has secured a five-year agreement to sell power to the provincial government. Last...