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Power-Energy


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Opec+ to raise oil output by 1,37,000 bpd in Nov

Saudi Arabia, Russia and six other members of Opec+ on Sunday decided to raise their production quotas by 1,37,000 barrels per day in November, as they continue to push for greater market share.

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Russia-linked tanker stopped by France resumes voyage

A tanker from Russia’s ‘shadow fleet’ detained by the French navy was heading towards the Suez Canal Friday with its captain back on board, according to data from maritime websites and a source close to the case.

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Trump cuts energy projects, freezes New York funding

The Trump administration has announced plans to terminate dozens of clean energy projects and freeze billions of dollars for major projects in New York, intensifying a stand-off with Democrats over a US government shutdown...

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French-German duo wins mega offshore wind energy project

French energy multinational TotalEnergies and German energy group RWE have won a contract to build a large offshore wind energy project with a potential to supply the equivalent of one million households with electricity, the French government said Wednesday.

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Floating wind power sets sail in Japan’s energy shift

Close to a small fishing port in southwestern Japan, the slim white turbines of the country’s first commercial-scale floating wind farm glimmer offshore, months before a key project in Tokyo’s green-energy strategy begins.

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Yunus urges swift shift to clean, affordable energy

Chief adviser Muhammad Yunus has underscored the urgent need for Bangladesh to transition towards cleaner, safer, and more affordable energy solutions as the country navigates a new path toward sustainable economic development.

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African Union climate summit says forming mining coalition

The African Union has announced plans to form a coalition of mineral-producing nations to manage the global rush for critical minerals after holding a climate summit, Africa holds vast mineral wealth — from the rare earths in conflict-hit Democratic Republic of Congo to oil-rich Nigeria — but has struggled to capitalise on its resources after decades of colonial plunder...