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China Starts Building Worlds Largest Hydropower Dam in Tibet

China Starts Building World's Largest Hydropower Dam in Tibet

Δευ, 21 Ιουλίου 2025 - 08:44

China's Premier Li Qiang announced construction had begun on what will be the world's largest hydropower dam, located on the eastern rim of the Tibetan Plateau and estimated to cost around $170 billion, the official Xinhua news agency said

Chevron Wins Exxon Case But Loses Time, Oil and Billions

Chevron Wins Exxon Case But Loses Time, Oil and Billions

Σαβ, 19 Ιουλίου 2025 - 18:59

Exxon Mobil has lost its arbitration challenge to block Chevron's $55 billion Hess, but the top U.S. oil producer managed to delay the tie-up by over a year, costing its rival billions in lost Guyana oil revenue and slowing integration

India Can Secure Oil Even If Russian Imports Sanctioned, Minister Says

India Can Secure Oil Even If Russian Imports Sanctioned, Minister Says

Παρ, 18 Ιουλίου 2025 - 07:56

India is confident of meeting its oil needs from alternative sources if Russian supplies are hit by secondary sanctions, Oil Minister Hardeep Singh Puri said on Thursday. Earlier this week, U.S. President Donald Trump warned that countries 

Five Bid in Kosovo’s 137 Mln Euro TPP Upgrade Tender

Five Bid in Kosovo’s 137 Mln Euro TPP Upgrade Tender

Παρ, 18 Ιουλίου 2025 - 07:52

Five bidders presented their offers in a tender for the upgrade of unit A3 at the Kosova A thermal power plant, with a budget estimated at 137 million euro ($158.7 million), Kosovo’s energy corporation, KEK, said on Thursday

China Vows to Regulate Irrational Competition in EV Industry

China Vows to Regulate 'Irrational' Competition in EV Industry

Πεμ, 17 Ιουλίου 2025 - 11:09

China's cabinet on Wednesday pledged to regulate what it called "irrational" competition in the country's electric vehicle industry, vowing to strengthen cost investigation and price monitoring, according to state broadcaster CCTV

OPEC Crude Oil Production up by 220,000 Barrels per Day in June 2025

OPEC Crude Oil Production up by 220,000 Barrels per Day in June 2025

Τετ, 16 Ιουλίου 2025 - 09:38

Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) rose by 220,000 barrels per day (bpd) in June compared to the previous month, reaching 27.23 million bpd, according to the group's latest Monthly Oil Market Report

Iran Says It Will Respond to Reimposition of UN Sanctions

Iran Says It Will Respond to Reimposition of UN Sanctions

Τρι, 15 Ιουλίου 2025 - 07:51

Iran will react to any reimposition of United Nations sanctions over its nuclear programme, the country's foreign ministry spokesperson said on Monday, without elaborating on what actions Tehran might take

EU Envoys Near Agreement on Lower Russian Oil Price Cap

EU Envoys Near Agreement on Lower Russian Oil Price Cap

Δευ, 14 Ιουλίου 2025 - 09:19

European Union envoys are on the verge of agreeing an 18th package of sanctions against Russia for its full-scale invasion of Ukraine that would include a lower price cap on Russian oil, four EU sources said after a Sunday meeting

EU Nations Want Gas Exit Strategies Kept Secret

EU Nations Want Gas Exit Strategies Kept Secret

Παρ, 11 Ιουλίου 2025 - 10:57

European Union member states have asked the European Commission to keep secret their national strategies for phasing out Russian oil and gas by the end of 2027