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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.

Electric Vehicles February 26, 2024

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.

Energy February 25, 2024

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.

Environmental Impact February 24, 2024

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.

Renewable Energy February 23, 2024

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.

Wind Energy February 23, 2024

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.

Renewable Energy February 22, 2024

"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.

Oil & Gas February 22, 2024

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.

Oil Market February 22, 2024

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.

Oil February 22, 2024