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Exxon Sees Natural Gas Demand Surging in Outlook to 2050

Exxon Sees Natural Gas Demand Surging in Outlook to 2050

Global demand for natural gas will rise more than 20% by 2050 from last year's level, as it displaces coal to power industries and meet higher electricity use in developing countries, Exxon Mobil said on Thursday in an annual outlook

Insa Oil Building Bulgaria’s First Bioethanol Plant

Insa Oil Building Bulgaria’s First Bioethanol Plant

Bulgarian oil company Insa Oil plans to finish its bioethanol plant by the end of 2026. The company claims the plant under construction will be the country’s first to produce renewable fuel from biomass

AI Giant Nvidia Beats Earnings Expectations But Shares Fall

AI Giant Nvidia Beats Earnings Expectations But Shares Fall

The California-based firm posted profit of $26.4 billion on record revenue of $46.7 billion in the recently ended quarter, driven by intense demand for chips from major tech companies powering AI datacenter computing

Africas Solar Panel Imports Jump 60% in Year to June, Ember Says

Africa's Solar Panel Imports Jump 60% in Year to June, Ember Says

Solar panel imports into Africa increased 60% in the 12 months through June 2025, according to an analysis of China's export data, energy think tank Ember announced on Tuesday. The data shows how the rise was spread across the 

Sweden to Build More Nuclear Plants With US or UK Technology

Sweden to Build More Nuclear Plants With US or UK Technology

Sweden is planning to build several smaller nuclear reactors with either American or British technology, as the Scandinavian country reverses its four-decade-old decision to abandon the technology. Vattenfall, the Swedish state-owned utility, on

Cyprus Sets Record for Wasted Solar Energy in 2025

Cyprus Sets Record for Wasted Solar Energy in 2025

Cyprus is wasting record levels of solar energy this year, even as rolling blackouts last week left homes and businesses without power during a heatwave. The Cyprus Transmission System Operator (TSOC) imposed the outages to protect the grid. But at the 

Ukrainian Attack Suspends Russian Oil Flows to Hungary, Slovakia

Ukrainian Attack Suspends Russian Oil Flows to Hungary, Slovakia

Russian oil supplies to Hungary and Slovakia could be suspended for at least five days after a Ukrainian strike on a facility in Russia, Hungarian and Slovakian officials said on Friday, in a widening of the fallout of Russia's war in Ukraine

Serbias EPS Seeks 7% Rise in Electricity Prices from Oct 1

Serbia's EPS Seeks 7% Rise in Electricity Prices from Oct 1

State-owned power utility Elektroprivreda Srbije (EPS) has initiated a procedure with Serbia's energy regulator to increase electricity prices by 7% as of October 1, EPS director general Dusan Zivkovic said on Thursday. The bulk of the income generated through the tariff increase will go towards the development of the electricity transmission and distribution networks,