Browsing: climate

Norway expects to receive approximately $78 billion from its oil and gas sector this year in the form of taxes…

On 10 July 2026, Lady Justice Cockerill handed down the liability judgment in the Pan-NOx Prohibited Defeat Device trial, the…

Between 2018 and 2023, Shell’s trading subsidiary in the Bahamas, Shell Western Supply and Trading Limited, posted profits of $6.2…

In the four weeks following Europe’s record June heatwave, grain production forecasts for the EU and UK were revised down…

BP’s evolving energy transition strategy faces renewed scrutiny after the company warned of an additional $1 billion impairment charge for the second quarter, largely linked to its gas and low carbon energy businesses.

Nigeria’s admission as an Association country of the International Energy Agency marks more than a symbolic expansion of the organization’s global reach. It reflects a broader shift in international energy governance toward greater engagement with emerging economies where future energy demand, infrastructure investment, and decarbonization challenges are expected to be concentrated.

Global oil markets have retreated from crisis highs as exports through the Strait of Hormuz begin to recover, yet the latest assessments from the International Energy Agency suggest that the apparent stabilization masks structural vulnerabilities that extend well beyond the Middle East and increasingly shape energy policy across Asia.

General Fusion says its Lawson Machine 26 has achieved electron temperatures of approximately 0.72 keV, or 8.4 million degrees Celsius, bringing the company closer to its first major milestone of 1 keV and offering one of the clearest demonstrations to date of its magnetized target fusion approach at commercially relevant scale.

China aims to source half of its electricity generation from non-fossil fuels by 2030, up from a target of 42.3% in 2025, according to the country’s newly released 15th Five-Year Plan for Building a New Energy System.

The world added renewable energy capacity at a record pace and pushed clean electricity generation above 30 percent of global supply, yet 655 million people still lived without electricity in 2024 and roughly two billion lacked access to clean cooking technologies.