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The Kingfisher oil project is operated by China's CNOOC (AFP)
BusinessFuelNewsOilPolitics

NGO reports ‘human rights disaster’ at Uganda oil project

Climate Rights International reports that TotalEnergies' Kingfisher project in Uganda has violently intimidated and evicted locals.

Berkshire Hathaway's market capitalization briefly surpassed $1 trillion on Wednesday (GETTY IMAGES NORTH AMERICA)
ElectricityInfrastructureNewsTransmission

Buffett’s Berkshire Hathaway hits $1 tn market value

Berkshire Hathaway briefly hit a $1 trillion market cap, becoming the first non-tech firm on Wall Street to reach this milestone.

Leading Chinese automaker BYD's sales were boosted by strong demand for electric cars (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Chinese EV giant BYD posts 24.4% rise in profit

BYD profits rise as electric and hybrid vehicles account for more than half of all Chinese sales, despite looming global tariffs on EVs.

Egypt and Sudan have voiced concerns about the operation of Ethiopia's GERD dam without a three-way agreement, fearing it could threaten their access to vital Nile waters (AFP)
ElectricityHydropowerInfrastructureNewsUtilities

Ethiopia says mega-dam doubles electricity output

Ethiopia said it has more than doubled electricity production from its controversial mega-dam after two more turbines started operations

ExxonMobil said it expects global oil demand to remain above 100 million barrels per day in 2050 (AFP)
News

ExxonMobil expects global oil demand near current levels in 2050

ExxonMobil projects global oil demand will plateau above 100 million barrels per day by 2050, driven by population growth.

Among the successes identified was Britain's introduction in 2013 of a minimum carbon price, subsidies for renewable energy, and a coal phase-out plan (AFP)
ClimateEmissionsLegislationNewsPoliticsRegulationsReports

Combining climate measures key to slashing emissions: study

Published in the journal Science, the study examined 25 years of public policies in 41 countries across six continents.

Mike Cannon-Brookes at the annual Allen & Company Sun Valley Conference in Idaho in 2019 (GETTY IMAGES NORTH AMERICA)
AnalysisBusinessElectricityIn-DepthInfrastructureSolarStorage

Cannon-Brookes: Australia’s billionaire climate warrior

How a Twitter bet put one man on the road to reshaping the "golden ticket" of Australia's green economy – which is now...

More than 100 firefighters are battling the blaze on two main fronts on the island (AFP)
BiodiversityClimateEnvironmentIndigenousNewsWeather

Portugal seeks EU help as wildfire threatens UNESCO-listed forest

Portugal seeks EU help to fight a week-long wildfire on Madeira, threatening a UNESCO-listed forest and disrupting tourism.

Senegalese President Bassirou Diomaye Faye, who swept to victory in March on a promise of radical reform, has declared an audit of the oil, gas and mining sectors (AFP)
ElectionsFuelNatural GasNewsOilPoliticsTrade

Senegal sets up commission to review oil and gas deals

Prime Minister announces commission to 'rebalance' fossil fuel contracts 'in the national interest', after promises made before March election.

According to the Atlantic Council, Chinese sales of EVs abroad rose 70 percent in 2023, reaching $34.1 billion. Almost 40 percent went to the European Union (AFP)
AutomotiveBusinessEconomyElectric Vehicles (EVs)NewsPoliticsTradeTransport

EU plans 36% tariff on Chinese EVs, lower for Tesla

EU Tesla tariffs pegged at just 9% as the bloc continues trade battle with China over state subsidies.

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