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The Energy Institute released its 2026 Statistical Review of World Energy on July 6. Data showed fossil fuels supplied 86 percent of global energy while renewables reached a record share.
abcnews.go.comThe Energy Institute released the 2026 Statistical Review of World Energy on July 6, 2026, in partnership with Ember and in collaboration with KPMG and Kearney. Global total energy supply increased from 592.2 exajoules in 2024 to 600.3 exajoules in 2025, a rise of 1.4 percent, OilPrice.com reported. Renewable energy grew nearly 10 percent and added 3.2 exajoules.
Global renewables reached a record 35.4 exajoules. Fossil fuel supply rose by 4.6 exajoules and accounted for more than half the total increase in energy supply, OilPrice.com reported. Fossil fuels supplied about 86 percent of global energy in 2025.
Global energy demand rose 1.4 percent, and renewables covered only a fraction of that growth. North America accounted for 47 percent of the world's emissions increase. U.S. emissions climbed 3.2 percent while U.S.
Coal-fired power generation jumped 13 percent. U.S. solar generation grew more than 28 percent. The Statistical Review was previously published for more than 70 years by BP.
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uctoday.comMicrosoft is eliminating around 4,800 positions, or 2.1 percent of its global workforce, with most reductions in commercial sales and the Xbox division. The Xbox unit alone is losing 1,600 roles immediately.
news.sky.comSky, owned by Comcast, will acquire ITV's broadcast and streaming operations including ITVX. ITV Studios will remain independent under current shareholders. The deal follows talks that began in 2025.
biznews.comThe company used proceeds from the sale between June 29 and July 5 to pay preferred-stock dividends and replenish its cash reserve. It now holds 843,775 bitcoin and $2.55 billion in U.S. dollars.