China now accounts for two thirds of all renewable power generation and as the cost of renewable generating capacity tumbles, 87% of all capital expenditure on renewables in 2024 was made in the Global South.

BERTRAND: China now accounts for 64% of world’s renewable energy output

AsiaElec - Asia Power
REM - Renewable Energy
By Arnaud Bertrand in Switzerland 25 April 2025
According to the latest report by the International Renewable Energy Agency (IRENA), an extraordinary 64% – nearly two-thirds – of all renewable energy capacity added globally in 2024 was installed in China.
There is some doubt over what level of output control Kazakhstan has over its three biggest oil fields, such as Kashagan, above, given that they are operated by Western oil majors.

Kazakhstan will put national interests over OPEC+ oil limits, says energy minister

EurOil - Europe Oil & Gas
FSUOGM - Former Soviet Union Oil & Gas
MEOG - Middle East Oil & Gas
By Newsbase 25 April 2025
Comments spark fears of price wars and even of a potential de facto exit from the coalition by the Central Asian country.
Azerbaijani President Ilham Aliyev (right) with Song Hailiang, chairman of China Energy Engineering Corporation (Energy China).

Azerbaijan and China sign major renewable energy deals

Energo - CEE/FSU Power
REM - Renewable Energy
By Cavid Aga in Ankara 25 April 2025
Baku is accelerating its partnerships with major Chinese energy firms in developing large-scale renewable infrastructure, including offshore wind, floating solar and battery storage projects.

Brazil’s Petrobras stock falls 15% in April but analysts maintain bullish outlook

LatAmOil - Latin America Oil & Gas
By bne intellinews 25 April 2025
Shares in Brazil’s national oil company (NOC) Petrobras have fallen more than 15% in April, but several leading investment banks are maintaining their buy recommendations, citing attractive dividend yields and valuation metrics
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