Latest Stories
Saudi Arabia seeks overseas lithium sources to invest in EV sector
Saudi Arabia is aiming to secure overseas lithium sources as it looks to invest in the electric vehicle sector and produce EV batteries, according to the kingdom’s Minister of Industry and Mineral Resources, Bandar Alkhorayef.
Zelenskiy marks Chernobyl anniversary, highlights threat to Zaporizhzhia nuclear plant
President Volodymyr Zelenskiy of Ukraine has seized the occasion of the anniversary of the Chernobyl disaster on April 26 to underscore the ongoing threat posed by Russia, particularly its occupation of the Zaporizhzhia nuclear power plant.
Kyiv claims 70% of damaged energy infrastructure restored
The Kyiv City Military Administration reported that more than 1,000 units of electrical equipment, which had been damaged due to Russian drone and missile strikes, have now been repaired.
INA reported €12mn net profit in 1Q24
TotalEnergies CEO warns Russian LNG sanctions would trigger price spike
EU sanctions on the Yamal LNG project would trigger a spike in global gas prices, raking in profits for global suppliers including TotalEnergies.
India once more accepting oil from Sovcomflot tankers
India appears to be once more accepting Sovcomflot tankers carrying Russian fuels, after halting shipments earlier this year because of US sanctions on the Russian state-owned shipowner.
Oil-rich Namibia could be the next Guyana, says TotalEnergies chief
Over the past two years, TotalEnergies, Shell and Galp Energia have made finds off the southwest coast of Africa that have made Namibia a hotspot for exploration. The Orange Basin find could be the world’s biggest-ever deep-water find.
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