Tag: energy

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Rise of AI-Powered Energy Sector to Capture $310 Billion Market with 42% Annual Growth Rate

The National Energy Administration recently issued the "Action Plan for Promoting Bidirectional Empowerment of Artificial Intelligence and Energy." This plan...

As Energy, War and Climate Collide, a Conference in Colombia Charts a Path Beyond Fossil Fuels

While some major fossil fuel producers keep pushing for expanded oil and gas use, which is linked to warfare, economic shocks and ecological damage, more than 50 countries at the first Conference on Transitioning Away From Fossil Fuels began developing plans to shift toward renewable energy systems designed for stability and abundance rather than scarcity

Food, Energy Prices Push Inflation Rate to 15.69% in April – NBS

Food, Energy Prices Push Inflation Rate to 15.69% in April – NBS Nigeria’s headline inflation rate increased to 15.69 per cent in April 2026, up from 15.38 per cent recorded in March, driven largely by rising food, transport, hospitality and healthcare costs across the country. The latest figures were released on Friday by the National

Energy shortages disrupt India’s glass industry and supply chains

THE WHAT? India’s glass manufacturing sector is facing significant disruption as energy shortages force factories to cut production. THE DETAILS Gas supply constraints, linked to Middle East geopolitical tensions, have led the Indian government to divert LNG and LPG supplies from industry to households, severely impacting glassmakers reliant on gas-fired furnaces. Production in key hubs

Global energy body backs carpooling as UK fuel prices rise

Global energy body backs carpooling as UK fuel prices rise Mobilityways says businesses can act now, no government mandate needed Carpooling specialist Mobilityways has welcomed the International Energy Agency's call for governments and businesses to encourage car sharing, and is urging UK employers to act immediately as energy prices continue to rise. The IEA, which

NextEra Energy Secures Approval For 10GW Of Gas Projects

(RTTNews) - NextEra Energy, Inc. (NEE) on Friday said that up to 10 gigawatts of natural gas-powered generation projects in Texas and Pennsylvania have been approved by Donald Trump as part of Japan's $550 billion U.S. investment commitment tied to the U.S.-Japan trade agreement. The projects include the company's previously disclosed Texas hub developed with

Concord New Energy Signs MOU with Bain Capital-Backed Bridge Data Centre

HONG KONG, March 3, 2026 - (ACN Newswire) – On 02 March 2026, Concord New Energy Group (“CNE Group”) signed a Memorandum of Understanding (MOU) in Singapore with Bridge Data Centres (BDC), a portfolio company of Bain Capital. Under the MOU, the parties will jointly explore diversified energy supply pathways integrating renewable energy and hydrogen

Cenovus Energy announces redemption of Series 1 & 2 Preferred Shares

Article content CALGARY, Alberta, Feb. 26, 2026 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced it will exercise its right to redeem its 2.577% Series 1 Preferred Shares (the “Series 1 Preferred Shares”) and its 3.948% Series 2 Preferred Shares (the “Series 2 Preferred Shares”, collectively, the “Series 1 & 2

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