Oil Prices Surge After US Strikes on Iran Nuclear Sites
Oil prices spiked in early Monday trade due to concerns over potential disruptions in energy markets following US airstrikes on Iran’s nuclear facilities. As the US targeted these sites, Iran threatened retaliation against US military bases in the Middle East, fueling fears of an escalating conflict in the region. Iran,...
TotalEnergies, Quatra Sign 15-Year Deal for Used Cooking Oil to Boost Biofuel Production
TotalEnergies and Quatra, a European leader in the collection and recycling of used cooking oil, have entered into a significant 15-year agreement starting in 2026, aimed at securing a steady supply of 60,000 tons of used cooking oil annually. The agreement will help feed TotalEnergies' biorefineries, contributing to the production...
Guatemala Opens 1500 MW Power Tender with Focus on LNG
Guatemala has launched a significant tender to secure 1500 megawatts (MW) of new electricity generation capacity to meet the growing energy demand in the country, as reported by Reutersl. The tender is part of the country’s efforts to diversify its energy sources and ensure a stable power supply. Among the...
Surge in CNG Adoption Fuels Growth for CGD Sector
India’s City Gas Distribution (CGD) sector is experiencing a transformative phase, with CNG adoption driving substantial growth. As the world grapples with the challenges of electric vehicle (EV) penetration, especially in the mass market, the CGD ecosystem is emerging as a key beneficiary. Rising CNG demand, supported by favorable cost...