3+ day, 15+ hour ago   (155+ words) China remains by far the world’s coal heavyweight: Its power sector alone consumes one-third of the world’s coal. Rising natural gas prices wrought by the Iran war will boost global coal consumption to a new record of nearly 9 billion metric…...

3+ day, 15+ hour ago   (249+ words) Ukraine is also angling to increase exports to Europe this winter, the CEO of the country’s top private energy company said. Despite attacks by Russia on its natural gas production fields, Ukraine has moved to a gas surplus and is…...

3+ day, 17+ hour ago   (174+ words) Listed companies in Saudi Arabia and Abu Dhabi are growing quickly, benefiting from higher oil prices and their ability to keep energy exports flowing. Gulf corporate profits in second quarter show growing divide between economies Corporate profits in the second…...

4+ day, 16+ hour ago   (159+ words) The 21.2 billion-riyal ($5.8 billion) second-quarter shortfall was almost double the previous quarter’s, with few signs that passage through the Strait of Hormuz is easing. Qatar posted its widest quarterly budget deficit since 2016 as the Iran war choked off most of its…...

4+ day, 16+ hour ago   (167+ words) Abu Dhabi tech vehicle MGX, which closed its first fund in July at $49 billion, is the largest, according to ADGM. Abu Dhabi’s financial hub ADGM says entities licensed there now hold more than $100 billion in AI-focused investment, as it…...

5+ day, 17+ hour ago   (125+ words) Coal generation has stopped growing in 17 out of 26 Chinese provinces and regions. Coal plateaus in China amid electrification surge Fossil fuels are starting to plateau in China, as renewables drive more power generation in a new phase for the country’s…...

6+ day, 21+ hour ago   (345+ words) The disruption may ease. But African governments should not mistake a ceasefire, or even the reopening of the strait, for a return to business as usual. The Hormuz crisis is not a black swan. It is the latest reminder that…...

1+ week, 2+ day ago   (147+ words) The EU endorsed Washington’s sanctions push against Tehran, while efforts to block Iran’s oil exports and financial transactions appear to be bearing fruit. The US made inroads in its economic pressure campaign on Iran, though concerns over a return to…...

1+ week, 2+ day ago   (148+ words) Africa’s richest man, Aliko Dangote, said the firm would seek to raise $5 billion, potentially making it the continent’s biggest-ever public offering. Africa’s richest man said his refinery’s much-anticipated IPO would launch soon, a move that could mark a…...