Australian Prime Minister Anthony Albanese announced a 50 per cent reduction of the fuel excise, a move aimed at mitigating the impact of the global fuel crisis stemming from the escalating military conflict in the Middle East.
Investment in renewable energy projects in the Middle East has jumped by 28 per cent, year-on-year, according to a new report from Ansarada, a mergers and acquisitions (M&A) and infrastructure procurement platform.
EnergyX, a South Korea-founded building energy tech company, secures major Qatari backing to establish its global HQ, expand deep-tech solutions, pursue acquisitions across GCC and Europe, and create over 100 high-skilled jobs
Emirates Water and Electricity Company (Ewec) has announced that it has received four competitive proposals for the development of Al Nouf 1 Independent Power Producer (IPP) project. The country's largest single-site carbon-capture-ready CCGT plant, it will generate up to 3.3GW power once operational.
Schneider Electric research shows energy and chemicals executives increasingly prioritize autonomous operations, with 31.5–44 per cent seeing it as critical. Adoption faces cost, legacy, and regulatory barriers, while delays risk higher costs, talent gaps, and competitiveness loss.
Metso has signed an agreement with Southern Peru Copper Corporation to supply Solvent Extraction and Electrowinning (SX-EW) copper refining technology for the Tia Maria project in Cocachacra, Arequipa, Peru.
TotalEnergies and EDF Group, signed a Nuclear Production Allocation Contract (Contrat d’Allocation de Production Nucléaire – CAPN) for a duration of 12 years, starting on January 1, 2028.
Carbon capture, utilisation and storage (CCUS) advanced in 2025 with key milestones across Europe, China, and North America despite delays. Global projects expanded, with capture capacity rising over 10% and storage growing about 25%, supported by stronger policies and financing momentum.
Japan's industry ministry has asked domestic wholesalers to switch to Brent crude oil pricing from the Dubai benchmark when setting gasoline prices, in an attempt to contain price increases, according to a document seen by Reuters.
Oil prices extended gains on March 30, with Brent headed for a record monthly rise, after Yemeni Houthis launched their first attacks on Israel over the weekend, widening the US-Israel war with Iran in the Middle East.
