live Hopes for Hormuz deal fade as Trump adds new demands to Iran peace talks
U.S. President Donald Trump has called for Iran to pay compensation for decades of deaths and damage, adding a new demand to peace talks as Tehran see...
Kazakhstan Energy Week underlined that doubling energy efficiency gains could cut global CO₂ emissions by half by 2040, with officials calling efficiency the cornerstone of a pragmatic and balanced energy transition.
At Kazakhstan Energy Week, senior officials and energy leaders stressed that the world’s transition cannot be achieved through the exclusion of hydrocarbons alone, but rather through cleaner and more efficient use of all resources. Vice minister of energy Sanzhar Zharkeshov said global energy demand could climb by 46% by 2050 compared with 2020, making it critical to optimise every source — oil, gas, coal, nuclear, solar and wind.
“The main task is not to remove sources but to make them cleaner and more efficient,” Zharkeshov told the forum. He said many governments are now pivoting from an overemphasis on rapid decarbonisation toward a more balanced and pragmatic energy policy. For developing countries, he stressed, national realities and individual transition speeds must be respected.
Zharkeshov placed special emphasis on efficiency as the fastest and most cost-effective tool to cut emissions. “By doubling the rate of energy efficiency improvement, global CO₂ emissions could be halved by 2040,” he said. He added that digitalisation and artificial intelligence can transform energy systems, boosting grid reliability, reducing losses, and lowering costs.
Kazakhstan is pursuing what it calls an evolutionary approach to the transition. Hydrocarbons will remain central to its economy but will increasingly be paired with clean technologies such as carbon capture. At the same time, the renewable sector is expanding: 158 facilities with a total capacity above 3.2 GW are already operating. Renewables provided 6.4% of the country’s electricity in 2024, with the government targeting 15% by 2030.
Energy experts at the event agreed that efficiency, supported by innovation and technology, will define the pace and scale of change. For Kazakhstan, the approach blends economic realism with climate ambition, aiming to keep hydrocarbons cleaner while rapidly expanding renewable capacity. The message from Astana was clear: efficiency is not just an add-on but the foundation of the global energy transition.
Flights arriving at Catania airport in eastern Sicily were suspended after volcanic ash from a new eruption of Mount Etna drifted into the airspace around the airport, disrupting operations at one of Italy’s busiest aviation hubs.
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
Greenland has issued a “strong warning” to a U.S. oil company linked to President Donald Trump after drilling equipment was brought ashore without the required government approvals, according to British media.
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions.
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Uzbekistan has secured preferential tariffs for fertiliser and petroleum product shipments through Kazakhstan’s Kuryk port to Georgian ports, as Uzbek cargo volumes across the Caspian continue to rise.
Police in eastern India used tear gas, batons and water cannon on Monday to disperse thousands of young protesters marching on the Jharkhand state legislature over alleged irregularities in civil service examinations.
Rising temperatures are threatening Georgia’s farms, energy supply and banking sector, with experts warning that the country has a narrow window to prepare before the economic costs grow significantly.
Pakistan is seeking to strengthen its energy security through a proposed Gulf oil storage scheme, $5 billion in refinery upgrades and renewed offshore exploration with Türkiye as global supply disruptions expose its reliance on imports.
Syria and Russia have signed a memorandum of understanding on the future of Russian bases at Tartous and Hmeimim after 18 months of negotiations, the Syrian foreign ministry said on Sunday.
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