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China has surpassed the 50% mark for renewable energy generation capacity, balancing investments in wind, solar, and hydropower with continued reliance on coal for energy security.

Guyana is experiencing a substantial economic boom, with an estimated 38.4 percent growth in GDP in 2023, largely due to significant oil discoveries.

Beginning in 2025, Volkswagen Groups brands, including VW, Audi, and Porsche, will integrate Teslas North American Charging Standard (NACS) plug into their electric vehicles, marking a significant shift in the EV charging standard in North America.

Explore the significant decline in the U.S. drilling industry with the latest figures from Baker Hughes.

Brent crude oil prices have surpassed the $80 mark due to escalating Houthi attacks in the Red Sea and concerns over potential disruptions in energy trade.

China is actively exploring the development of infrastructure projects in Kazakhstan and Kyrgyzstan, including port facilities, railway lines, and air routes, to enhance regional connectivity and trade.

Elon Musk has regaled a right-wing summit in Italy with criticism of climate-change “exaggerating” environmentalists, and called on the public to stop “demonizing” fossil fuels. 

Crude oil inventories in the United States rose this week by 939,000 barrels for the week ending December 15, according to The American Petroleum Institute (API).