Almost half a million jobs will be cut in the coal industry by 2035, as the market shifts toward renewable energy, according to analysis by the nonprofit Global Energy Monitor.
Four European Union nations signed a deal with Azerbaijan for broader gas distribution to the bloc, with the Eurasian partner targeting to raise gas supply to Europe to 423.78 billion cubic feet (12 billion cubic meters) this year.
Azerbaijan, one of the birth places of the oil industry, is the third oil and gas exporter in a row to host the talks after the United Arab Emirates last year and Egypt in 2022.