Freeport will restore large-scale production at Indonesia's Grasberg Mine in 2026
Freeport-McMoRan, a copper miner in Indonesia's Grasberg district, said Tuesday that it will resume large-scale production there from the second quarter 2026. This follows a fatal accident earlier this year which forced operations to be halted. On September 8, around 800,000 metric tonnes of wet materials flooded the Grasberg Block Cave at the complex. Seven workers died.
The Black Sea Infrastructure is at risk, according to the Romanian National Defence Strategy
A draft national defence strategy released on Wednesday said that Romania must strengthen its ties with allies along the Black Sea to protect energy projects, which will make Romania the largest gas producer of the European Union in 2027. In the past two years, the EU and NATO member state has been repeatedly violated by Russian drones.
Sponsored: Record Deals and Record Attendance Underscore ADIPEC’s Global Impact
Record-breaking 239,709 attendees from 172 countries gathered at ADIPEC 2025, reaffirming UAE’s convening power and its role as a global hub for energy, partnerships and innovation. ADIPEC 2025 generated an estimated US$400 million in economic benefits for Abu Dhabi’s economy, particularly across the hospitality, tourism and transport sectors.
Sponsored: Policy, AI, and Capital Take Center Stage at ADIPEC 2025
ADIPEC 2025 kicks off in Abu Dhabi with a powerful message from Dr. Sultan Al Jaber for a balanced and inclusive approach to meeting energy demand, built on reinforcement, not replacement. Opening addresses and high-level sessions featuring CEOs and ministers spotlighted the importance of embracing all energy sources…
Maguire: Clean energy push in Australia reaches pivotal milestone for energy transition
Last month, Australian utilities produced more electricity using clean energy sources than fossil fuels. This was a first for one of the top coal and natural gas exporters in the world. Data from the energy think tank Ember show that in October, utility-supplied electricity from clean sources reached 9.88 terawatts hours (TWh)…
First Solar's sales exceed expectations, and the company plans to open a second US factory
First Solar, the largest U.S. solar panel manufacturer, exceeded expectations for third quarter sales on Thursday. This was due to robust demand for their products. Their shares rose more than 5% during extended trading. Solar-generated electricity has become one of the fastest growing segments in the U.S.
First Solar's robust sales beat expectations in the third quarter
First Solar's shares rose more than 5% on extended trading after it beat third-quarter expectations. This was due to robust demand for the company's products. Solar-generated electricity has been growing at a rapid rate in the U.S. Energy Industry, driven by the strong desire of corporations and government to use cleaner energy sources and fight climate change.
Bill Gates-backed TerraPower seeks UK approval for nuclear reactor design
TerraPower, founded by Bill Gates and a nuclear innovation firm, submitted its first design of a new reactor type, as well as an energy storage system, to the British regulatory authorities for approval. TerraPower stated that the application to the UK Generic Design Assessment process (GDA) marks the…
Singapore allocates more land to green energy and data centre park
Singapore has allocated more land to its manufacturing hub Jurong Island for renewable energy and data centres, according to a statement released by the Singapore Economic Development Board (SEDB) and JTC Corporation on Monday. The agencies have announced that about 300 hectares (741.32 acre) of land…
Singapore allocates more land to green energy and data centre park
Singapore has allocated more land to its manufacturing hub Jurong Island for renewable energy and data centres, according to a statement released by the Singapore Economic Development Board (SEDB) and JTC Corporation on Monday. The agencies have announced that about 300 hectares (741.32 acre) of land…
Prime Minister says nuclear power and perovskite as Japan's energy sources are important
Sanae Takaichi, the Japanese prime minister, told the parliament on Friday how important it is for Japan to have its own sources of energy such as nuclear power and solar cells made from perovskite. Takaichi (64), the first woman to be elected as prime minister in Japan, was elected this week. After…
Colombia wins offshore wind bid by CIP of Denmark
The head of Colombia's hydrocarbons agency announced on Thursday that a subsidiary from Denmark's Copenhagen Infrastructure Partners, CIP, had bid to develop a wind project for the first round of the South American nation's offshore energy auction. Orlando Velandia of Colombia's National Hydrocarbons Agency, ANH, said that CIP subsidiary CI GMF Cooperatief U.A.
Senator: US energy prices will spike due to Trump's decision to cut grants
The Trump administration’s plans to cancel nearly eight billion dollars in Energy Department grants is illegal, because contracts were already signed. It will also cause consumer energy costs to skyrocket. The Energy Department cancelled $7.56 billion of funding for clean energy project earlier this…
Portugal's proposal on grid returns for EDP still lags behind European peers
Portugal's energy market regulator ERSE announced on Thursday that it would increase the returns on the grid assets of EDP, the country's biggest utility. However, the proposed return is still below what EDP's counterparts in other European countries enjoy. The crippling blackout which hit Spain and…
Report: Global renewable energy growth is still short of climate targets despite record global growth
Globally, renewable energy capacity reached a record high in 2016, but countries still fell short of the U.N. goal of tripled capacity by 2030. This was revealed by a report released by global renewable groups on Tuesday. At the COP28 Climate Summit in Dubai, 2023, more than 100 countries agreed to triple…
Brookfield invests $5 billion in Bloom Energy to support fuel cells for AI data centers
Brookfield Asset Management announced on Monday that it would invest up to five billion dollars in Bloom Energy fuel cell technology for data centers. Companies are looking to cleaner energy sources to meet the demands of artificial intelligence. Bloom Energy shares were up 31% in premarket trading at $113.72.
Iraqi Oil Flows to Turkey After Brief Halt
Crude oil exports from Iraq's Kurdistan region to Turkey's Ceyhan port resumed on Friday, after a temporary halt due to "technical issues", the region's ministry of natural resources said in a statement.The exports had earlier been suspended because storage tanks reached capacity, two energy sources…
Maguire: Italy's economic troubles have an upside for the moment, a positive climate.
The persistent economic crisis in Italy has led to the lowest emissions in its power sector for decades. Climate activists need to be aware that economic measures could cause a rapid U-turn on pollution trends. Italy has been experiencing economic stagnation for over a decade. This has resulted in a steady decline of goods produced and exported…
Maguire: Italy's economic troubles have an upside for the moment, a positive climate.
The persistent economic crisis in Italy has led to the lowest emissions in its power sector for decades. Climate activists need to be aware that economic measures could cause a rapid U-turn on pollution trends. Italy has been experiencing economic stagnation for over a decade. This has resulted in a steady decline of goods produced and exported…
RWE withdraws $10 billion Namibia Green Hydrogen Project
RWE, the German energy utility, announced on Monday it was withdrawing from Namibia's $10 Billion Hyphen green ammonia Project. This is a blow for Namibia's ambitions of becoming a hydrogen hub. The pullback represents the latest example where companies are reconsidering their investments in a new technology that costs a lot to develop.