Fuel Subsidy: Nigerians Pay More Amidst Global Interventions
As countries around the world adopt fuel subsidies and other palliative measures to cushion the impact of the…
North Sea gas to power offshore AI data centre
A British energy company is planning to build what is thought to be the world’s first offshore, gas-powered…
Australia’s heatwave history offers lessons for sweltering Europe
Europe has only just begun summer, but is already in the grips of a severe heatwave that has…
AI boom to put gloss on domestic Irish economy despite rising inflation, says ESRI – The Irish Times
A boom in investment by multinational companies in equipment tied to artificial intelligence (AI) and data centres is…
Consumers spend less in clothes shops – but second-hand spending up 197% – The Irish Times
Discretionary spending rose in May despite the impact of fuel and energy cost increases on Irish consumers, according…
The Oil Shock Is Weakening India’s Economy and Finances
India is scrambling to contain the economic and financial impact of the worst oil supply disruption in history…
UK consumers could spend £1bn subsidising EU energy bills
However, research suggests that exporting subsidised energy is predicted to add £5 to the cost of every megawatt…
Australia’s greenhouse gas emissions drop as renewable energy, batteries surge
Australia’s greenhouse gas emissions have dropped, showing signs of a turning point in the country’s most polluting sectors.…
Nigeria Blackout Persists Despite $3.6bn World Bank Loans
Nigeria’s electricity sector has received at least $3.653bn in World Bank-backed funding over the past 24 years, yet…
The Iran War’s First 90 Days Upended Energy Markets
The Iran war suddenly turned what had started as a year of oversupply in global oil and LNG…
FG cancels $717m World Bank power loan amid blackouts
The Federal Government has cancelled $717.7m in undisbursed World Bank financing for Nigeria’s troubled electricity sector, effectively terminating…
‘Now come the shortages’: Why the global energy crisis may just be starting – The Irish Times
First came the war. Then came the blockade. Now come the shortages. The tankers full of essential commodities…