Italy Initiates Talks with BYD for Electric Vehicle Manufacturing
The Italian government seeks to attract electric vehicle giant BYD to establish manufacturing operations in Italy, aiming to diversify its automotive industry.
The Impact of AI on Energy Consumption in Data Centers
The growing use of AI is leading to increased energy demands in data centers, prompting a search for sustainable power solutions.
Oil Spill Crisis in the Red Sea Following Houthi Attacks
Recent Houthi attacks on shipping in the Red Sea have resulted in an extensive oil spill, stretching 18 miles and prompting environmental disaster warnings from the U.S. military.
Singapore Boosts Urban Solar Adoption
Singapore's initiative to utilize solar energy as a step toward carbon neutrality by 2050 is showcased through a leading renewable energy firm's efforts.
First Large-Scale Offshore Wind Farm Begins Operations in the U.S.
Vineyard Wind, the pioneering offshore wind farm off Massachusetts, starts supplying electricity to hundreds of thousands.
Record Zero-carbon Power Generation in the US
In 2023, the United States achieved a new milestone by generating 41% of its electricity from zero-carbon energy sources, marking a significant step towards the energy transition.
"Pac-Man" Strategy in Oil: The Year of $250 Billion Shale Mergers
The past year has marked a significant shift in the shale oil industry, witnessing an unprecedented $250 billion in mergers and acquisitions, signaling Wall Street's renewed confidence.
Saudi Arabia Finances Megaprojects Amid Oil Price Challenges
To support ambitious initiatives like the Neom megacity, Saudi Arabia is leveraging debt sales and Aramco share dispositions.
Russia's Oil Exports to India Surge
India's purchase of Russian oil increased significantly, reaching $37 billion, a figure 13 times greater than before the Ukrainian conflict.