South Korea's decision to phase out coal by 2040 will negatively impact US LNG and Australian coal exports, as the country reduces its reliance on polluting fossil fuels.
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Senegal's energy minister announced plans to nationalize an offshore gas project operated by Kosmos Energy to meet domestic gas demand, with the possibility of future exports.
Interactive Brokers Group's Chairman Thomas Peterffy will present at the Goldman Sachs Financial Services Conference on December 10th, indicating a potential opportunity for investors to gain insight into the company's future plans and performance.
The US approval of Nvidia chips for Armenia's $500 million AI supercomputer hub project is a significant step forward, with potential long-term benefits for the country's tech industry.
Brazil is facing pressure to adopt a detailed road map to phase out fossil fuels at the COP30 climate conference, but its president is pushing for a different agenda, indicating a potential conflict between the country's climate goals and its reliance on coal.
Big business, including Unilever, is pulling out of Brazil's climate conference, potentially impacting the event's credibility and effectiveness in addressing climate change.
The absence of high-level US representation at the COP30 climate conference highlights a shift in global leadership on clean energy, with China emerging as a dominant force in the global south.
US sanctions on Russia and Iran have led to a surge in oil tanker storage, potentially causing oversupply if sanctions are lifted, reducing oil market volatility.
The UAE Minister of Industry and Advanced Technology, Sultan Al Jaber, emphasized the need for a $4 trillion annual energy investment to power the growing demand for AI and data centers, highlighting the increased energy requirements of the new AI age.
Eni and Petronas have formed a joint venture in Southeast Asia, investing $15 billion over five years to develop at least eight new projects, signaling a significant boost in upstream energy production.
The Federal Reserve meeting has concluded, meeting expectations and offering some surprises.
The EU's ambitious climate goals are facing mounting political opposition due to rising electricity bills and faltering factories, threatening to derail the bloc's clean-energy crusade.
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