
Energy Outlook Shifts: Global Oil Demand Seen Lasting Longer Than Expected
Vitol expects global oil demand to peak in the mid-2030s, reflecting slower energy transition progress and continued growth in emerging market consumption

Vitol expects global oil demand to peak in the mid-2030s, reflecting slower energy transition progress and continued growth in emerging market consumption

Saudi Arabia plans bold and unconventional restructuring of its sovereign wealth fund, PIF, as it seeks to balance global investments with long-term economic diversification goals.

FMG admitted misleading insurance charges after a Financial Markets Authority review, remediated affected customers, and will refund about $5.3M while improving systems and policy clarity.

Former Air New Zealand CEO Greg Foran is set to lead U.S. retail giant Kroger, bringing deep global retail experience to one of America’s largest supermarket chains.

China plans to strengthen auto demand through existing and new policies, aiming to support consumption, stabilize competition, and sustain growth in a slowing market.

Meta disputes the EU’s view that WhatsApp Business is a key chatbot distribution channel, highlighting broader tensions over how regulators define AI market power.

TotalEnergies will supply 1 GW of solar power to Google’s Texas data centers under a 15-year deal, reflecting rising energy demand from digital infrastructure.

Qatar has pushed the start of its major LNG expansion to late 2026, reflecting project scale and evolving global energy demand expectations.

Philippine Airlines has signed an expanded Airbus Flight Hour Services agreement covering its entire Airbus fleet to boost maintenance support, operational reliability, and predictable costs.

China’s foreign minister will attend a February 10 APEC officials meeting, signaling continued engagement as members coordinate economic priorities amid global uncertainty.

Elon Musk says Starlink will drive most of SpaceX’s revenue this year, highlighting the company’s shift toward commercial satellite internet services.

Emirates has approved plans to launch a mobility company, signaling a move toward integrated transport services and broader travel solutions beyond air travel.

San Miguel Global Power is on track to complete the Masinloc Power Plant expansion by September, adding about 700 MW of capacity to support the Philippines’ energy needs.

Oil prices climbed on Tuesday as markets reacted to supply concerns and geopolitical tensions, prompting local fuel price adjustments and renewed focus on global energy dynamics.

Via Rail halts trains on the Ottawa-Montreal-Toronto corridor due to operational constraints, highlighting both logistical challenges and the human rhythms tied to national transit.

Canadian investors prepare for market opening with attention to global developments, economic indicators, and corporate updates shaping today’s financial landscape.

A proposed funding plan for a new LNG terminal has sparked debate in New Zealand, with disagreement over whether the charge is a levy or a necessary tool for energy security.

A tightening supply of memory chips is quietly pushing prices higher and reshaping expectations across tech markets, with analysts warning that constraints may persist longer than anticipated.

A dispute has emerged over a proposed LNG terminal, with the Prime Minister rejecting Labour’s claim that it amounts to a tax, as debate continues over energy costs and security.

Toronto's Eglinton Crosstown LRT opens after years of construction, offering a long-awaited transit connection through the city’s midtown corridor.

A landmark U.S. jury trial has begun in California, where Meta and Google’s YouTube face allegations that their platforms were engineered to be addictive to youth, potentially influencing future tech liability cases.

A landmark New Mexico trial against Meta focuses on whether the company’s platforms failed to protect children from sexual exploitation and misrepresented safety, with opening statements underway.

Meta and Google face a US jury in a landmark trial examining whether platform design contributes to digital addiction, marking a shift in how technology accountability is debated.

A proposed gas import facility in Taranaki is expected to help stabilize supply and save New Zealand millions by avoiding energy shortages and price shocks.