Severe drought in Europe severely impacts economic growth, forcing Romania to deploy naval forces for underwater riverbed detonations and threatening energy and transport across the continent.
German chip manufacturer Infineon reported a 13 percent revenue increase to 4.2 billion euros and a 39 percent profit rise to 423 million euros in its third fiscal quarter, driven by demand for AI data centre power solutions and automotive chips.
An estimated 72,000 migrants crossed into the Spanish enclave of Ceuta from Morocco last week before most returned home, with at least 88 deaths reported and right-wing figures seizing on the images to push hardline anti-immigration policies.
Energy minister Chris Bowen announced that the federal government will use commonwealth legislation to override state opposition and mandate that new AI datacentres run on renewable energy while banning gas-fuelled facilities.
A US federal appeals court ruled the Trump administration likely broke the law by attempting to cancel a $20bn clean energy programme, temporarily holding the decision to allow a Supreme Court appeal.
TotalEnergies will acquire around four gigawatts of renewable energy production from Shell in Italy, the Netherlands, Britain, and Spain, and will sell a stake in a separate portfolio to US firm KKR.
BP chief executive Meg O'Neill has urged UK Prime Minister Andy Burnham to prioritize domestic oil and gas resources, even as BP prepares to sell its North Sea business after reporting quarterly profits of $5.73bn.
A federal appeals court ruled that the Trump administration improperly terminated billions in clean energy funds for nonprofits, handing a victory to the Biden-era green bank initiative.
Australian political updates covering Energy Minister Chris Bowen's solar scheme expansion, delayed migration policy speeches by Tony Burke, debates over gambling advertising legislation, and tax changes.
BP reported a profit jump to $3.91 billion in the April-June period as fossil fuel prices soared amid the US-Iran conflict. CEO Meg O'Neill announced plans to sell several assets, including the North Sea business, as part of a strategic pivot back to oil and gas.
The US Army is set to sign a major contract with AeroVironment for the Enduring High Energy Laser, making laser weapons an official operational program to counter cheap attack drones.
BP reports $5.73bn quarterly profit, more than double last year's, driven by oil price hikes due to the Middle East conflict. Critics accuse BP of profiteering as energy costs soar globally.
Guatemala's Volcan de Fuego erupts, spewing lava, gas, and ash 4km into the sky, prompting evacuations, school closures, and an orange warning from CONRED due to its intense activity.
Russia escalates strikes on Ukraine's logistics and energy sectors in response to Zelensky's 40-day plan, leaving Ukraine in a critical situation, according to Russian State Duma Chairman Leonid Slutsky.
In Frankfurt am Main wurden in einem Lastwagen 62.400 gefälschte Energydrink-Dosen entdeckt. Die Ware, die für den Verkauf in Frankreich bestimmt war, hatte einen geschätzten Verkaufswert von 100.000 Euro und wurde vernichtet.
BP reports quarterly profits more than doubling to $5.73bn, driven by rising oil and gas prices from the Middle East crisis, as new CEO Meg O'Neill plans a major company overhaul.
PepsiCo India has removed the word 'energy' from new Sting cans and bottles to comply with FSSAI's upcoming deadline, while rival brands seek an extension.
A China-led team detected the highest-energy light particle ever recorded from the Cygnus X-3 binary system, showing the universe can accelerate matter 30 times past the previous limit.
The US Bureau of Ocean Energy Management proposed auctioning two massive seabed lease areas near American Samoa for mineral exploration, sparking environmental and local concerns.
South Korea's Ministry of Climate, Energy and Environment announced plans to overhaul industrial electricity pricing to lower costs for businesses operating outside the Seoul metropolitan area and boost regional development.
Britain's BP reported a Q2 underlying replacement cost profit of $5.7 billion, beating analyst expectations of $5 billion, as high fossil fuel prices driven by the Middle East conflict boost major oil companies.
South Korea's industry ministry announced plans to expedite administrative procedures for a mega semiconductor cluster project and other key technology initiatives in the second half of the year.
L&T Energy Hydrocarbon Offshore has secured an 'ultramega' contract exceeding ₹15,000 crore from ADNOC Offshore. The project involves EPCIC services for multiple offshore facilities and infrastructure upgrades in the Middle East, led by an L&T-led consortium.
President Donald Trump announced new negotiations with Iran this week, but Iran’s foreign ministry denied talks and warned it may keep the Strait of Hormuz closed, threatening global oil supply and escalating tensions ahead of US midterms.
