Wind and solar to produce over a third of global power by 2030, report shows
Wind and solar projects are on track to account for more than a third of the world's electricity, signaling that the energy sector can achieve the change needed to meet global climate goals.
Asia water, energy supplies at risk as climate woes mount, research shows
Climate-related disruptions to the crucial Hindu Kush-Himalayan water system are posing risks to economic development and energy security in 16 Asian countries.
Europeans dial down the heating, heed calls to save energy
People and businesses across Europe are increasing their use of such smart thermometers to keep an eye on how much gas they are using.
Germany says lower prices could cut state spending on energy caps
Germany last year set out a RM934.5 billion relief package to shield households and industry in Europe's biggest economy from surging energy prices, including gas and electricity price brakes.
Economy, energy row and drugs loom at North American summit
Mexican President Andres Manuel Lopez Obrador will host his US counterpart Joe Biden and Canada's Prime Minister Justin Trudeau for talks in Mexico City, the first summit between the three since late 2021.
Pakistan to shut malls, markets early in energy saving plan
The move comes as Pakistan struggles to quell default fears in domestic and international markets, with a US$1.1 billion IMF bailout tranche stuck due to differences over the ninth programme review.
Spain announces US$10.6 billion package to ease inflation pain
Spain, like other European countries, has been grappling with a cost-of-living crisis exacerbated by the impact of the war in Ukraine on energy prices.
HSBC to stop funding new oil and gas fields as part of policy overhaul
Activist groups that have been critical of HSBC mostly hailed the move by one of the biggest lenders to energy companies in the world as a keenly awaited update that will drive companies towards a cleaner future.
Over a third of UK pubs and restaurants cut hours to save on energy bills
Many hospitality businesses also reported reduced demand as their patrons too had been hit by surging energy bills since Russia's invasion of Ukraine.
Opec expected to stick to view of long-term oil demand rise
The International Energy Agency says demand for all fossil fuels is set to peak or plateau for the first time in the agency's history of modelling, with oil demand levelling off in the middle of the next decade.
EU leaders clash over how to tackle energy prices
The bloc's 27 member states have been squabbling for months over measures to lower energy bills, and a Brussels summit began in a chilly mood.
Trains, schools affected as French unions call strike amid soaring inflation
As tensions rise in the euro zone's second-biggest economy, strikes have spilled over into other parts of the energy sector, where maintenance work crucial for Europe's power supply will be delayed.
