As load shedding occurs more frequently than ever, all sectors of South African society have been dramatically impacted. With no end in sight to the outages
Read MoreSolaX Energy Storage Solution, Your Best Investment for Next Decade
Category: Highlights
Internet Suspension Results in Rs820m Loss
The suspension of mobile broadband services in Pakistan due to political escalation has caused significant financial losses for digital service providers, the government, and the general population.
Read MoreOil Demand In Transport Sector May Drop By Up To 50% By 2050
With the global energy transition in full swing, few clean energy sectors, if any, are expanding faster than the electric car market. A decade ago, a grand total of 130,000 EVs were sold globally; fast forward to the present, and nearly a similar number are sold in just a week.
Read MoreChina’s Commodity Imports Are Under Pressure
Futures are limping lower after overnight China reported that export growth moderated from 14.8% in March to 8.5% in April, slightly better than market expectations, and unchanged from the 1Q23 average, while Imports unexpectedly collapsed, badly missing expectations.
Read MoreTurkey Defers $600-Million Payment For Russian Energy To 2024
Turkey has opted to defer until 2024 as much as $600 million in payments to Russia for natural gas deliveries, anonymous sources told Reuters on Wednesday. Last week, Turkey’s Energy Minister Fatih Donmez said that the country had reached a deal with Russian gas giant Gazprom to defer part of the payments
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