Tag:

Fossil Fuels

EU moves to reduce energy reliance amid Middle East tensions

The European Commission has put forward a new package of measures designed to reduce dependence on imported fossil fuels and tackle rising energy costs linked to tensions in the Middle East, according to a press release issued on Wednesday.

22 Apr 2026-15:26
What is climate change and why is it important

Climate change refers to long term alterations in global temperatures and weather patterns, largely driven by human activities such as the burning of fossil fuels, deforestation, and industrial processes.

31 Mar 2026-22:00
Hungary's Orban rejects halting Russian oil purchases

Hungary will continue to source fossil fuels from Russia, rejecting US President Donald Trump's demands to stop, Prime Minister Viktor Orban said today.

26 Sep 2025-18:55
Vistra CEO James Burke set for $340 million payoff as utility bets on fossil fuels and nuclear power

Vistra CEO James Burke is poised to receive approximately $340 million, reflecting his role in transforming the Texas-based utility from bankruptcy nearly a decade ago into one of the hottest power producers in the United States. Since January 2024, Vistra shares have soared roughly 450%, far outpacing the S&P 500’s 42% gain.

22 Sep 2025-17:55
Azerbaijan developing renewable energy to reduce dependence on fossil fuels

Azerbaijan has traditionally been associated with oil and gas production, but there has been a growing interest in green energy in recent years. Azerbaijan has significant potential for renewable energy production, particularly in solar, wind, and hydroelectric power. The country's location provides ample sunlight and wind resources, while its mountainous terrain offers opportunities for hydroelectric development.

15 Jun 2024-13:58