Many questions remain, including the state of Iran’s uranium stockpile and whether any ceasefire will lead to discussions about Tehran’s nuclear program. The Islamic Republic, which has denied it’s seeking an atomic weapon, has refused to give up the right to enrich uranium, a condition the US has insisted upon.
“With this agreement with Renfe, we can highlight electrification without emissions in transport, which is responsible for more than a third of all energy consumed in our country. Partnerships such as this one are essential to support the development of a renewable electricity mix. The PPAs, through their different modalities, are a key tool for customers who want to secure renewable energy at a fixed, long-term price”, David Martínez, director for clients in Spain at Iberdrola, said in a media release.
Following over three years of stakeholder engagement, the Gwynt Glas project was chosen through a competitive seabed tender process. As part of this process, Gwynt Glas presented proposals for developing the wind farm, alongside plans to maximize socio-economic and social value opportunities, the JV said.
Record-high domestic coal production and weaker coal-fired power generation in China have resulted in declining demand for thermal coal imports into the world’s biggest coal market, with the trend emerging earlier this year, after imports topped 500 million tons in 2024. The Chinese state central planner, meanwhile, has mandated a 10% increase in coal stockpiles for power generators.
The COD follows the achievement of first gas in January 2025, first LNG in February and the lifting of the project’s first LNG cargo in April. Two more cargoes were exported in May and June, and a fourth is currently loading, according to a separate announcement by GTA project partner Kosmos Energy. A fifth cargo is expected to load in Q3 2025.
LNG Canada represents a USD 40 billion-41 billion investment following a final investment decision in October 2018—making it Canada’s largest private-sector investment ever. Construction began in early 2020 and by mid-2024 was over 95% complete.
He referenced the United Kingdom’s aggressive move towards renewables, especially in the North Sea region, where investment in fossil fuels is declining due to government commitment to clean energy.
“And so what is going to happen is that Oman is not going to allow for a unilateral decision to just close that end completely again, like I pointed out, the Chinese had a lot of interest in terms of movements of goods and other services, or, eh, movements of goods more or less to the Chinese and other South Asian countries. And so they also have an interest in ensuring that the passage is not closed,” he said during a discussion on TV3 on Monday, June 23.
Appearing before the Energy Committee of Parliament, the Acting Managing Director of TOR, Edmund Kombat, disclosed that the refinery aims to process up to 60% of Ghana’s crude oil consumption to help the nation save an estimated US$400 million spent monthly on refined oil imports.
Indonesia, with a population exceeding 280 million and comprising approximately 17,024 islands, is renowned for its robust oil and gas industry and is the fourth most populous country globally. The nation’s expertise and resources present valuable opportunities for collaboration with Ghana in the energy sector.