![The combined share of solar photovoltaic and wind energy in global power generation will rise to almost 30 percent in 2030 from 8 percent in 2019, according to the International Energy Agency [File: Third party/Reuters]](/wp-content/uploads/2020/10/2020-10-12T134046Z_1869768164_RC21HJ90EVBI_RTRMADP_3_VIETNAM-ENERGY-SOLAR.jpg?resize=570%2C380)
Solar power is set to overtake coal as the world’s main electricity source by 2025, International Energy Agency says.
Fossil Fuels
![The world is on track to produce more fossil fuels than recommended under the 2015 Paris climate agreement [File: Fabrizio Bensch/Reuters]](/wp-content/uploads/2020/10/2019-11-14T210433Z_1651895539_RC29BD9C8DWH_RTRMADP_3_GERMANY-ENERGY.jpg?resize=570%2C380)
Environmental group says World Bank invested more than $12bn in fossil fuels since 2015 Paris climate accord.
![Oman's planned VAT will apply to most goods and services according to state television [File: Fahad Shadeed]](/wp-content/uploads/2020/10/2010-06-07T120000Z_714921222_GM1E66802HO01_RTRMADP_3_OMAN.jpg?resize=570%2C380)
Oman is to start levying a 5 percent VAT in six months as the country seeks to shore up state...
![India's government has been encouraging bus and truck operators to use fuels that are less polluting than diesel [File: Anindito Mukherjee/Bloomberg]](/wp-content/uploads/2020/10/365186893.jpg?resize=570%2C380)
Coronavirus curbs have idled diesel-burning heavy goods vehicles, while more commuters use...
![Elevated stock market valuations in the Gulf pose a potential risk to investors as coronavirus-induced recessions leave economies exposed [File: Abdulrahman Abdullah/Bloomberg]](/wp-content/uploads/2020/10/326350782.jpg?resize=270%2C180)
Lebanon’s debt crisis, a debt test in Oman, low oil prices, and giddy Saudi stock valuations among risks.
![Brega oil port some 270km west of Libya's eastern city of Benghazi [File: AFP/Getty Images]](/wp-content/uploads/2020/09/364939839.jpg?resize=270%2C180)
After being effectively shut down by civil war since January, Libya’s oil industry is slowly gearing up again.
![[Illustration by Jawahir al-Naimi/Al Jazeera]](/wp-content/uploads/2020/09/Image-from-iOS-7.jpg?resize=270%2C180)
As Arctic ice shrinks to near-record-minimum, China’s plan to reach carbon neutrality provides a rare glimmer of hope.
![Federal prosecutors in Brooklyn, New York said Sargeant Marine and its affiliates paid bribes between 2010 and 2018 for contracts with state-run oil companies including Brazil's Petroleo Brasileiro SA (Petrobras), whose headquarters in Rio de Janeiro, Brazil is pictured here [File: Dado Galdieri/Bloomberg]](/wp-content/uploads/2020/09/260936498.jpg?resize=270%2C180)
A United States asphalt company has agreed to pay $16.6m in fines for paying bribes to officials.
![China President Xi Jinping speaks during the 75th annual UN General Assembly on Tuesday [United Nations handout via Reuters]](/wp-content/uploads/2020/09/2020-09-22T154656Z_241049626_RC2R3J95E61O_RTRMADP_3_UN-ASSEMBLY.jpg?resize=270%2C180)
China’s ‘unexpected and eye-opening’ climate change announcement resets the ambition of global warming action.
![Nigeria's Central Bank Governor Godwin Emefiele told a briefing in Nigeria's capital Abuja on Tuesday that of the 10 members who attended the policy-setting committee meeting, six voted to cut interest rates [File: Afolabi Sounde/Reuters]](/wp-content/uploads/2020/09/2020-09-22T152202Z_606530971_RC2R3J93RC0S_RTRMADP_3_NIGERIA-RATES.jpg?resize=270%2C180)
Nigerians have been squeezed by soaring food prices, while COVID-19 oil disruptions have added to US-dollar shortages.
![The amount of extra oil Libya can export will depend in part on how quickly it can fix wellheads, pipelines and storage tanks that have been neglected or damaged during the conflict [File: Bloomberg]](/wp-content/uploads/2020/09/cf489bed81a84406aa67324607f008eb_18.jpeg?resize=270%2C180)
State energy firm said on Saturday it would start operations at ports and fields, but force majeure applies to some ops.
!['I'm going to make sure whoever gambles on this market will be ouching like hell,' Saudi Arabia's minister of energy, Prince Abdulaziz bin Salman Al-Saud, said on Thursday [File: Saudi Press Agency/Handout via Reuters]](/wp-content/uploads/2020/09/b6406421e4194cc6b7f311810129e7bd_18.jpeg?resize=270%2C180)
Saudi Arabia’s energy minister invokes Clint Eastwood’s Dirty Harry in warning issued after OPEC+ meeting.
![Sally weakened on Tuesday to a Category 1 hurricane [Joe Raedle/Getty Images/AFP]](/wp-content/uploads/2020/09/1373a3197cb24b9d8142d587198fd63c_18.jpeg?resize=270%2C180)
Royal Dutch Shell shuts its oil platform off Louisiana, joining BP, Chevron Corp and Equinor in closing facilities.
![Oil inventories in developed nations rose in July to a record 3.225 billion barrels [File: Andrey Rudakov/Bloomberg]](/wp-content/uploads/2020/09/54509e81e65e4de9a1be5dadb4f29cd7_18.jpeg?resize=270%2C180)
The International Energy Agency trims forecasts for global fuel consumption for the rest of the year.