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British Pound trades lower against Japanese Yen as BoJ hawkishness lifts the Yen
GBP/JPY trades on the back foot on Wednesday as the Japanese Yen (JPY) outperforms its major peers f...
United States New Home Sales (MoM) came in at 0.58M below forecasts (0.64M) in May
United States New Home Sales (MoM) came in at 0.58M below forecasts (0.64M) in May...
1 In 4 Cars Sold Globally Is An Electric Vehicle
As Statista's Tristan Gaudiaut details below, according to the IEA Global EV Outlook 2026, published on May 20, global sales of electric cars, including plug-in hybrids, surpassed 21 million units las ...
Australia’s LNG Industry Warns Policy Uncertainty Is Hurting Investment
Australia’s energy producers are calling for state and federal support in faster approvals of new projects and fiscal stability. These could help the world’s third-biggest LNG exporter grow its overse ...
Heat Pump Sales Surge Across Europe Amid Energy Shortages
Heat pump uptake is on the rise in Europe, as consumers take their energy bills into their own hands. Europe, which already experienced high gas prices and energy shortages after Russia invaded Ukrain ...
Soaring Energy Prices Are Driving a Home Solar Boom
Home solar power installations have risen significantly in recent decades, as consumers look to drive down their electricity bills and make their energy use more sustainable. Now, with oil and gas pri ...
Colombia's Natural Gas Crisis Deepens as Strait of Hormuz Closure Cuts Supply
Strife-torn Colombia is facing a severe energy crisis at a critical juncture. Global supply of natural gas is heavily constrained due to the closure of the Strait of Hormuz after U.S. strikes on Iran. ...
3D-Printed Copper Plates Could Cut Data Center Cooling Energy Use by 97%
The artificial intelligence boom is creating an energy monster that the world is unprepared and unequipped to deal with. Providing enough energy to fuel the AI ambitions of the future as well as to su ...
Oil Prices Rise as Iran Tempers U.S. Deal Hopes
Oil prices turned to a gain Friday after Iran poured cold water on growing market hopes for a near-term agreement with the United States, reminding traders yet again that optimism around diplomacy and ...
AI Could Unlock $500 Billion for Oil and Gas Producers by 2030
Digitalization and artificial intelligence (AI) will create close to $500 billion in cumulative value for E&P companies between 2026 and 2030, according to Rystad Energy estimates. This value is captu ...
Kazakhstan Court Upholds $1.4 Billion Award Against Gazprom
A court in Kazakhstan has inserted itself into the Russia-Ukraine conflict, ruling in favor of the Ukrainian state gas entity Naftogaz in a $1.4-billion dispute with the Russian energy behemoth Gazpro ...
Ukraine Hits 300,000-Bpd Gazprom Neft Refinery in Overnight Drone Strike
Ukraine targeted overnight the Yaroslavl oil refinery in Russia, escalating the drone attacks on Russian refining and oil exporting assets, Ukrainian President Volodymyr Zelenskyy said on Friday. “Tod ...
Pakistan Looks to Host Crude Reserve Sites of Gulf Oil Producers
Pakistan is encouraging oil producers from the Persian Gulf to set up crude reserve buffers at a planned Energy City near one of its ports, The Express Tribune reported on Friday. "In case of emergenc ...
TotalEnergies Eyes $100M+ Stake Sales in European Solar and Wind Portfolio
TotalEnergies is considering selling 50% of some of its solar and wind assets in Europe as part of its strategy to partner with other companies in operating and monetizing its clean energy portfolio, ...