India’s energy investment surges to a record $170 billion this year, led by solar and oil refining expansion. India’s energy investment is projected to reach $170 billion in 2026, marking a record high driven by solar installations and oil refining capacity growth. The inc
India’s energy investment surges to a record $170 billion this year, led by solar and oil refining expansion. India’s energy investment is projected to reach $170 billion in 2026, marking a record high driven by solar installations and oil refining capacity growth. The inc
Petronas increases domestic gas supply to meet record electricity demand driven by heatwaves and data center growth. Malaysia has ramped up domestic LNG use for power generation after electricity demand in peninsular Malaysia surged 11.5% year-on-year in April. The increas
Petronas increases domestic gas supply to meet record electricity demand driven by heatwaves and data center growth. Malaysia has ramped up domestic LNG use for power generation after electricity demand in peninsular Malaysia surged 11.5% year-on-year in April. The increas
France’s largest renewables project aims to deploy 1.5 GW of offshore wind capacity with a $5.2 billion investment. TotalEnergies has filed for regulatory approval to build a 1.5-gigawatt offshore wind farm off Normandy, requiring a $5.2 billion investment. The project, aw
Soaring freight rates prompt cancellations of US LPG cargoes High freight costs are forcing Asian buyers to cancel US liquefied petroleum gas cargoes. The Middle East supply crunch has led to a surge in freight rates, making it costly for buyers to ship LPG from ot
Electricity investments will account for $2.2 trillion of the total, while oil, gas, and coal draw $1.2 trillion amid shifting priorities. Global energy investment is projected to surge to $3.4 trillion this year, driven by responses to the second energy crisis in under fi
The deal covers 15% of Phase 1 output from one of the world’s largest heavy rare earth deposits, reducing U.S. reliance on China. REalloys (NASDAQ: ALOY) has signed a 15-year offtake agreement with Critical Metals Corp. (NASDAQ: CRML) for 15% of Phase 1 production from Gre
Germany’s day-ahead electricity prices soared by 29% on Wednesday as a heatwave across Europe boosted cooling demand while low wind speeds reduced wind power generation. The lower wind speeds and the resulting lower power output from wind turbines are raising the need to f
Commerzbank’s Barbara Lambrecht highlights that the global Copper market showed a large surplus in Q1 2026 as refined output surged, especially in China and the DR Congo. Demand grew less than 1%, but Lambrecht expects this to reverse, with stronger consumption and slower
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