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Libya Energy Summit to Focus on Upstream Expansion and Gas Projects

Libya Energy Summit to Focus on Upstream Expansion and Gas Projects

The Libya Energy & Economic Summit 2027, scheduled for January in Tripoli, will focus on upstream expansion and gas megaprojects. Building on the outcomes of the 2026 summit, the event will address Libya's energy sector development, including a $18 billion pipeline of projects. Key topics include the National Oil Corporation's licensing round, production expansion, and gas monetization. The summit will also highlight infrastructure development and human capital initiatives, aiming to attract significant investment and support Libya's long-term energy transition goals.
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Libya's $18 Billion Energy Pipeline: Strategic Implications for North African Investment

Libya's $18 Billion Energy Pipeline: Strategic Implications for North African Investment

The Libya Energy and Economic Summit 2027, scheduled for January 23-25, 2027, at the Tripoli International Convention Center, is set to showcase Libya's $18 billion energy and infrastructure project pipeline. This summit, endorsed by Libya's National Oil Corporation and the Ministry of Oil and Gas, aims to transition from strategic intent to project-level execution. The event will focus on upstream hydrocarbon development, gas monetization, power generation, energy transition pathways, and workforce localization. The summit's agenda includes advancing projects from commitment to execution, with a focus on offshore gas, unconventional resources, and renewable energy projects.
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Atlas Renewable Energy Halts $1 Billion Solar Projects in Brazil Due to High Curtailment Rates

Atlas Renewable Energy Halts $1 Billion Solar Projects in Brazil Due to High Curtailment Rates

Atlas Renewable Energy, backed by BlackRock, has decided to freeze $1 billion in planned solar investments in Brazil. The decision comes as a result of high curtailment rates, which have become a significant bottleneck for renewable energy expansion in the country. Curtailment rates for solar projects reached approximately 27% in 2025, significantly higher than the previous year, according to Rystad Energy estimates. The national grid operator's frequent rejection of renewable power has exacerbated the issue, leading Atlas to put on hold 1.5 gigawatts of planned construction. The company, which has one of the largest fleets of renewable energy projects in the Americas, faces challenges due to the lag in transmission infrastructure development, which is unable to keep pace with capacity additions.
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Envision Energy and Impact Electrons Siam to Develop Major Energy System in Laos

Envision Energy and Impact Electrons Siam to Develop Major Energy System in Laos

Envision Energy, a leader in green technology, has partnered with Impact Electrons Siam to develop Southeast Asia's largest Future Energy System in Laos. This project, known as the Monsoon Wind Power Project, will integrate wind, solar, and energy storage to create an AI-powered energy infrastructure. The initiative aims to transform Laos from a hydro-dominated power exporter to a diversified clean energy hub. The project will support local electricity demand and contribute to sustainable infrastructure development, including smart cities and green data centers. The collaboration was formalized in a ceremony attended by key industry leaders and government officials.
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Libyans block off UN refugee office in protest against migrants

Libyans block off UN refugee office in protest against migrants

TRIPOLI, June 4 (Reuters) - Hundreds of Libyan demonstrators blocked off the office of the U.N. refugee agency in the capital Tripoli on Thursday during a protest against migrants who have travelled to the country in search of work or passage to Europe.
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Pacific Gas and Electric Company Achieves 1 Million Solar Interconnections, Leading U.S. Utilities

Pacific Gas and Electric Company Achieves 1 Million Solar Interconnections, Leading U.S. Utilities

Pacific Gas and Electric Company Achieves 1 Million Solar Interconnections, Leading U.S. Utilities
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Williston Basin's Shift to Gas-Heavy Production and Economic Stability

Williston Basin's Shift to Gas-Heavy Production and Economic Stability

Williston Basin's Shift to Gas-Heavy Production and Economic Stability
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TotalEnergies Receives Kremlin Approval to Exit Arctic LNG 2 Project

TotalEnergies Receives Kremlin Approval to Exit Arctic LNG 2 Project

TotalEnergies has received approval from the Kremlin to sell its 10% stake in the Arctic LNG 2 project to a subsidiary of Novatek. This decision increases Novatek's share in the project to 70%, with the remaining 30% held by Japanese and Chinese companies. The Arctic LNG 2 project, led by Novatek, has faced challenges due to Western sanctions and logistical issues, including the need for specialized icebreaking LNG carriers. TotalEnergies' exit comes after seven years of involvement, during which the project has struggled to reach full production capacity.
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India's Renewable Energy Minister Announces Self-Sufficiency in Solar Cells Within a Year

India's Renewable Energy Minister Announces Self-Sufficiency in Solar Cells Within a Year

Union Minister for New and Renewable Energy Pralhad Joshi announced that India is expected to become self-sufficient in solar cell manufacturing within a year. This announcement was made during an event marking two years of the PM Surya Ghar: Muft Bijli Yojana. Joshi highlighted the rapid growth of India's solar manufacturing ecosystem, which has expanded significantly over the past decade. The minister expressed confidence that ongoing policy measures would help India achieve self-sufficiency in solar cells soon, with the country's roadmap extending beyond cells to include the development of the entire solar manufacturing value chain.
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BlackRock-backed Atlas Renewable Halts $1 Billion Brazil Solar Projects Due to Grid Issues

BlackRock-backed Atlas Renewable Halts $1 Billion Brazil Solar Projects Due to Grid Issues

Atlas Renewable Energy, supported by BlackRock, has paused $1 billion in planned solar investments in Brazil. The decision is driven by high curtailment rates and frequent rejections of renewable power by the national grid operator. Atlas, a major solar power producer in South America, has an extensive portfolio of renewable projects, but the growing curtailment rates, which reached 27% for solar in 2025, have become a significant barrier. The lag in transmission infrastructure development compared to capacity additions is cited as a primary cause of these challenges.
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U.S. Department of Energy Highlights New Solar Projects Amid Global Supply Chain Concerns

U.S. Department of Energy Highlights New Solar Projects Amid Global Supply Chain Concerns

U.S. Department of Energy Highlights New Solar Projects Amid Global Supply Chain Concerns
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Atlas Renewable Energy Halts $1 Billion Solar Projects in Brazil Due to Grid Issues

Atlas Renewable Energy Halts $1 Billion Solar Projects in Brazil Due to Grid Issues

Atlas Renewable Energy, backed by BlackRock's Global Infrastructure Partners, has decided to freeze $1 billion in planned solar projects in Brazil. The decision is attributed to high curtailment rates and frequent rejections of renewable power by the national grid operator. Atlas, one of the largest solar power producers in South America, had planned to start construction on 1.5 gigawatts of solar projects in Brazil. However, the growing curtailment rates, which reached about 27% for solar in 2025, have become a significant bottleneck for renewable energy expansion. The company currently has 10 projects in Brazil at various stages of development.