Mar 10, 2025
Energy Secretary Advocates for Increased Fossil Fuel Production
U.S. Energy Secretary Chris Wright expressed confidence in the U.S. shale industry’s ability to maintain and increase oil production even if prices drop to $50 per barrel, emphasizing the sector’s resilience and efficiency.
During the CERAWeek 2025 energy conference in Houston, Energy Secretary Chris Wright addressed industry leaders, asserting that the U.S. shale sector can sustain and potentially boost oil production even if prices decline to $50 per barrel. Drawing parallels to the 2014 price downturn, Wright highlighted the industry’s capacity for innovation and efficiency improvements. His remarks align with the Trump administration’s agenda to enhance fossil fuel production and achieve energy dominance. However, environmental groups criticized this stance, arguing it overlooks the environmental costs associated with increased fossil fuel consumption and the pressing need to address climate change. Read more.
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Jul 14, 2025
India Achieves 50% Non‑Fossil Power Capacity Five Years Ahead of Target
India has reached 50% of its installed electricity capacity from non-fossil sources—solar, wind, hydro, and nuclear—marking a major milestone well ahead of its 2030 clean energy goal.
Jul 11, 2025
China Introduces First Renewable-Energy Targets for Steel, Cement, Polysilicon & Data Centres
China’s National Development and Reform Commission rolled out its first Renewable Portfolio Standards (RPS) for heavy industry—steel, cement, polysilicon—and new data centers, mandating significant renewable power use by province.