US-UAE Alliance Drives $100bn Renewable Energy Funding
To generate 100 gigawatts of sustainable energy by 2035, the alliance intends to mobilise $100 billion of investment, liquidity, as well as other resources.
China Needs Backup As Wind And Solar To Reach Grid Parity
As of 2022, when the freshly allowed onshore wind and solar projects will no longer be eligible for government subsidies, grid parity will have been reached.
Australia High Electricity Costs Need A Fix Immediately
Prime Minister Anthony Albanese made a campaign pledge that he would put more emphasis on advancing energy transition and growing renewable energy sources.
Guyana Holds Offshore Oil Auction Under New Budgetary Terms
With significant change from previous revenue split, Guyana will now receive bigger profit share than under provisions of previous Production Sharing Agreement.
Only Saudi Arabia Supplies More Oil To China Than Russia
Despite a 2% fall in overall crude oil China imports, record-breaking Russian purchases kept outpacing competing supplies from a major West African exporter.
