Category: Latest News

Indonesia Positions Itself as Asia-Pacific CCS Hub at IICCS Forum 2025

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New-Project53

Jakarta, Indonesia, October 8, 2025 — Indonesia reaffirmed its ambition to become the regional hub for Carbon Capture and Storage (CCS) with the official opening of the 3rd International & Indonesia CCS Forum 2025 (IICCS Forum 2025), held from October 7–8 at The Mulia Hotel, Jakarta. The event, themed “Advancing Indonesia as a CCS Hub Leader in the Asia-Pacific: Achieving Net Zero and Economic Growth,” is supported by the Ministry of Energy and Mineral Resources, the Coordinating Ministry for Economic Affairs, and the People’s Consultative Assembly of the Republic of…

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Women Still Account for Only 32% of Global Renewable Energy Workforce: IRENA Report Urges Action to Bridge Gender Gap

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renewal-energy

Abu Dhabi, UAE — The International Renewable Energy Agency (IRENA) has revealed that women continue to make up just 32% of full-time jobs in the renewable energy sector — a figure unchanged since the agency’s first gender analysis in 2019. Despite outperforming fossil fuel industries in terms of gender representation, the renewables sector has made no meaningful progress in achieving gender equality over the past six years. The new report, Renewable Energy: A Gender Perspective (Second Edition), presents the most comprehensive assessment to date of women’s participation in the renewable…

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Pakistan Dispatches First Rare Earth Shipment to U.S. Under $500 Million Strategic Minerals Deal

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Minerals-Division

ISLAMABAD: Pakistan has sent its first shipment of enriched rare earth elements and critical minerals to the United States, marking the launch of a landmark $500 million partnership with U.S. Strategic Metals (USSM). The milestone represents a new chapter in Pakistan-U.S. cooperation, expanding their partnership into the high-value minerals and clean energy sectors. The shipment, comprising antimony, copper concentrate, and rare earth elements containing neodymium and praseodymium, marks the first delivery under the strategic framework signed earlier this month. The agreement follows two Memorandums of Understanding (MoUs) inked on September…

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OGDCL Plans Consortium with Turkish Petroleum for Libya Exploration Bid

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ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) firm, is in advanced discussions with Turkish Petroleum Corporation (TPAO) and other state-owned enterprises to establish a consortium for joint participation in Libya’s Bid Round 25, as part of its strategy to expand its international footprint. According to OGDCL’s annual report released on Monday, the company was officially qualified in August 2025 as an eligible investor in Libya’s latest licensing round, which offers 22 exploration blocks—11 onshore and 11 offshore. Libya’s hydrocarbon-rich basins are estimated…

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IEA Lowers Global Renewables Outlook as U.S. Policy Shifts and China Reforms Curb Growth

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Solar-wind

PARIS: The International Energy Agency (IEA) has revised down its global renewable energy growth forecast for 2030 by 900 gigawatts (GW), citing policy headwinds in the United States and market reforms in China, even as solar energy continues to lead global capacity additions. According to the agency’s latest report released on Tuesday, total renewable capacity is now expected to expand by around 4,600 GW by 2030—down from the 5,500 GW projected in 2024—with solar energy accounting for nearly 80% of the total increase. The downgrade stems primarily from a faster-than-expected…

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