Browsing: Middle east

TotalEnergies and Masdar have agreed to form a $2.2 billion joint venture to consolidate their onshore renewable portfolios across nine…

Global renewable power capacity reached 5,149 gigawatts (GW) by end-2025, following a record 692 GW addition that marked a 15.5% annual increase, with renewables capturing 85.6% of all new capacity expansions.

Global LNG markets are operating under an extreme stress test as tanker traffic through the Strait of Hormuz collapses from an average of 94 vessels per day to just over five in early March 2026, with LNG and oil tanker flows falling from more than 53 per day to roughly two.

Tensions around the Strait of Hormuz continue to expose a structural weakness in global logistics: a freight system still overwhelmingly dependent on diesel.

Recent internal discussions at major financial institutions reveal a stark divergence between public narratives and institutional risk management. During a…

Sungrow Hydrogen has completed near-simultaneous shipments of electrolysis systems to projects in Oman, Italy, and Brazil, offering a case study in how vendors are attempting to scale both manufacturing and delivery in parallel.

Oil markets are pricing in a new strategic reality as Iran effectively blocks the Strait of Hormuz, with Brent crude holding above $100 per barrel despite the largest coordinated emergency reserve release in history.

Solar photovoltaic capacity in the United Arab Emirates is projected to increase nearly fivefold over the next decade, rising from 6.7GW in 2025 to 32.3GW by 2035, according to analysis from GlobalData.

When roughly 20 million barrels of crude and oil products transited the Strait of Hormuz daily before hostilities escalated in late February, energy analysts largely treated oil and gas as symmetrically exposed to any closure. That assumption is now colliding with arithmetic.

Tanker transits through the Strait of Hormuz have fallen by 90 percent since the conflict began, removing approximately 20 million…