24/7 Energy News Coverage
July 01, 2025
OIL AND GAS
Drilling for water in Venezuela's parched oil town



Maracaibo, Venezuela (AFP) June 28, 2025
In Venezuela's oil capital of Maracaibo, a drilling frenzy has led to dozens of new wells - but the valuable liquid being pumped out is just water, not petroleum. In a symbol of the woes of Venezuela's crumbling economy, the once flourishing oil town of 2 million people is parched. Experts blame the nationwide shortage of drinking water on corruption and years of underinvestment and mismanagement by national and local governments, resulting in frequent water cuts. The corroding infrastructu ... read more

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TRADE WARS
China to keep anti-dumping steel duties on EU, UK, S. Korea and Indonesia
Beijing (AFP) June 30, 2025
China will maintain duties on certain steel products from the European Union, the United Kingdom, South Korea and Indonesia, its commerce ministry said Monday, as overcapacity concerns drive global trade turbulence. ... more
TRADE WARS
Trump ends trade talks with Canada over tax on US tech firms
Washington (AFP) June 27, 2025
President Donald Trump said Friday he is calling off trade negotiations with Canada in retaliation for taxes impacting US tech firms, adding that Ottawa will learn of their new tariff rate within a week. ... more
SPACE TRAVEL
'Science refugees': French university welcomes first US researchers
Marseille (AFP) June 27, 2025
Eight American researchers have arrived at a university in southern France, as the country pushes to offer "science asylum" to US academics hit by federal research spending cuts under Donald Trump. ... more
ROBO SPACE
Meta spending big on AI talent but will it pay off?
New York (AFP) June 30, 2025
Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up ground in the generative artificial intelligence race, sparking doubt about the wisdom of the spree. ... more
INTERNET SPACE
Facing EU deadline, Apple announces App Store changes
Brussels, Belgium (AFP) June 26, 2025
Apple announced changes to its App Store payment rules in Europe as it hit a Thursday deadline to address accusations of breaking EU digital competition rules - or face steep new daily fines. ... more
AEROSPACE
Former head of major Chinese airline under graft investigation
Beijing (AFP) June 28, 2025
The former head of China Eastern Airlines is under investigation over corruption allegations, two Chinese anti-graft bodies said Saturday. ... more
CARBON WORLDS
Consortium plans global shift toward net negative carbon economy
London, UK (SPX) Jun 30, 2025
Experts from around the world will converge in Exeter next week to help accelerate the development of a global carbon removal economy. The New Carbon Economy Consortium (NCEC) will convene its ... more
CIVIL NUCLEAR
GE Vernova to open Ontario engineering center for BWRX-300 small modular reactors
Los Angeles CA (SPX) Jun 30, 2025
GE Vernova Hitachi Nuclear Energy (GVH) has announced plans to establish a Canadian engineering and service center in Ontario to support its fleet of BWRX-300 small modular reactors. The facility wi ... more

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TECHNOLOGY NEWS


SPACEMART
Kongsberg completes N3X satellite network for maritime surveillance
Los Angeles CA (SPX) Jun 26, 2025
Kongsberg Defence and Aerospace (KONGSBERG) has finalized its N3X satellite constellation with the successful launch of two new microsatellites, ARVAKER 2 and ARVAKER 3, aboard SpaceX's Transporter- ... more
EARTH OBSERVATION
UC Davis and Proteus Space to launch first-ever dynamic digital twin into space
Davis CA (SPX) Jun 26, 2025
The Center for Space Exploration Research at the University of California, Davis, has partnered with Proteus Space to launch a US government-sponsored satellite into space with a custom AI-enabled p ... more
TRADE WARS
Most Asian stocks rise as investors eye US trade talks
Hong Kong (AFP) June 30, 2025
Equities mostly rose Monday following a record-breaking day on Wall Street as investors kept tabs on countries' efforts to strike trade deals with the United States before a key deadline next week. ... more
TRADE WARS
China's top diplomat visits Europe pitching closer ties in 'volatile' world
Beijing (AFP) June 30, 2025
China's top diplomat heads to Europe on Monday for a visit which Beijing said will highlight ties as an "anchor of stability" in a world in turmoil. ... more
TRADE WARS
China manufacturing shrinks in June despite trade war respite
Beijing (AFP) June 30, 2025
China's manufacturing activity ticked up in June but remained in contraction territory, official data showed on Monday, as the truce in its trade war with the United States held. ... more
INTERNET SPACE
Trump says 'very wealthy' group to buy TikTok
Washington (AFP) June 29, 2025
President Donald Trump said Sunday a group of buyers had been found for TikTok, which faces a looming ban in the United States due to its China ties, adding he could name the purchasers in two weeks. ... more
TECHNOLOGY NEWS


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DISASTER MANAGEMENT
Cold baths, climate shelters as Southern Europe heatwave intensifies
Rome (AFP) June 29, 2025
Authorities across Southern Europe urged people to seek shelter Sunday and protect the most vulnerable as punishing temperatures from Spain to Portugal, Italy and France climbed higher in the summer's first major heatwave. ... more
ENERGY TECH
Indonesia begins $5.9 bn EV battery project despite environment fears
Jakarta (AFP) June 29, 2025
Indonesia broke ground Sunday on a $5.9 billion megaproject for EV battery production backed by Chinese giant CATL, despite NGOs raising concerns over a lack of environmental guarantees. ... more
TRADE WARS
China confirms trade deal framework reached with United States
Beijing (AFP) June 27, 2025
China confirmed Friday details on the framework of a trade deal with the United States, saying Washington would lift "restrictive measures" while Beijing would "review and approve" items under export controls. ... more
AFRICA NEWS
Green bonds offer hope, and risk, in Africa's climate fight
Lagos (AFP) June 27, 2025
It only took two days for Nigeria to raise $59 million through green bonds - part of a funding drive for climate and environmental projects in a nation still hooked on oil. ... more
WIND DAILY
UK ditches mega green energy supply project from Morocco
London (AFP) June 26, 2025
The UK government on Thursday announced that it was abandoning a mega-project intended to bring solar and wind energy from Morocco for use by domestic consumers. ... more
AFRICA NEWS
Africa must pivot from aid to trade: WTO
Sun City, South Africa (AFP) June 26, 2025
Africa must take charge of its development through trade and investment, a senior World Trade Organization official said Thursday, warning that rising defence budgets in donor countries will further squeeze aid. ... more
FROTH AND BUBBLE
Verdict expected in Italy 'forever chemicals' trial
Rome (AFP) June 26, 2025
A verdict is expected Thursday in the trial of 15 managers of a chemical plant accused of knowingly contaminating the water of hundreds of thousands of people in Italy. ... more
WATER WORLD
Nearly one-third of Pacific nation Tuvalu seeks Australian climate visa
Sydney (AFP) June 26, 2025
Nearly one-third of citizens in Pacific nation Tuvalu are seeking a landmark climate visa to live in Australia as rising seas threaten their palm-fringed shores, official figures obtained by AFP show. ... more
TECH SPACE
US judge sides with Meta in AI training copyright case
San Francisco, United States (AFP) June 26, 2025
A US judge on Wednesday handed Meta a victory over authors who accused the tech giant of violating copyright law by training Llama artificial intelligence on their creations without permission. ... more
AFRICA NEWS
Tunisia U-turn on phosphate plant sparks anger in blighted city
Gabes, Tunisia (AFP) June 26, 2025
The bedroom of 74-year-old Cherifa Attia smells like burnt rubber. The vast phosphate processing plant beside her home has been belching out toxic fumes into the atmosphere, blighting this Tunisian city. ... more
ENERGY NEWS
Tech giants' net zero goals verging on fantasy: researchers
Paris (AFP) June 25, 2025
The credibility of climate pledges by the world's tech giants to rapidly become carbon neutral is fading fast as they devour more and more energy in the race to develop AI and build data centres, researchers warned Thursday. ... more
ENERGY TECH
Chinese-Moroccan joint venture inaugurates EV battery parts plant
Rabat (AFP) June 25, 2025
A Chinese-Moroccan joint venture announced on Wednesday the inauguration of a new factory for electric car battery components, the first of its kind in the North African country. ... more
TECHNOLOGY NEWS


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OIL AND GAS
Trump says China can continue to buy Iranian oil
Aboard Air Force One (AFP) June 24, 2025
China can continue to buy Iranian oil, US President Donald Trump said Tuesday in what appeared to be relief for Tehran from sanctions Washington has previously imposed to punish the trade. ... more
CIVIL NUCLEAR
EU unveils new state aid rules in boon for nuclear, renewables
Brussels, Belgium (AFP) June 25, 2025
The EU on Wednesday unveiled new rules allowing member states to grant financial support to firms producing low-carbon technologies, including nuclear power, in the face of competition from China and the United States. ... more
CAR TECH
China's Xiaomi receives almost 300,000 SUV pre-orders in minutes
Beijing (AFP) June 27, 2025
Chinese electric vehicle maker Xiaomi received almost 300,000 pre-orders within an hour for its first sport utility vehicles in what the company said was a "miraculous" moment for the industry. ... more
SOLAR DAILY
Bangladesh pushes solar to tackle energy woes
Dhaka (AFP) June 27, 2025
Bangladesh's caretaker leader has ordered all government institutions including ministry buildings and schools to install solar panels to ease chronic power problems in a country regularly hit by deadly heatwaves. ... more
TRADE WARS
After NATO deal, how far will EU go for trade peace with Trump?
Brussels, Belgium (AFP) June 26, 2025
After satisfying Donald Trump's calls for Europe to ramp up defence spending in NATO, EU leaders in Brussels turned Thursday to the next big challenge ahead: how to seal a trade deal with the US leader. ... more
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