News in Brief
Italy aims to turn up renewable power
CNBC – Italy aims to generate nearly two thirds of its electricity from renewable energy sources by the end of the decade, the Energy Ministry said, slightly improving targets made public three years ago.
In a revision of the country’s energy and climate plan, the ministry said Italy aimed to get 65% of its electricity from renewables by 2030, up from a previous target of 55%.
OPEC oil output posts drop in June
Reuters – OPEC oil output has fallen only slightly in June as increases in Iraq and Nigeria limited the impact of cutbacks by others, despite a wider OPEC+ deal and voluntary cuts by several members to support the market, a Reuters survey found.
The Organization of the Petroleum Exporting Countries has pumped 28.18 million barrels per day (bpd) last month, the survey found, down 50,000 bpd from May’s revised figure. In May, output dropped by 240,000 bpd as the latest cut took effect.
China urges Netherlands to not abuse export control measures
AFP – China has urged the Netherlands to not hinder bilateral cooperation in the semiconductor industry and to not abuse export controls, China’s Ministry of Commerce said in a statement.
The Dutch government on Friday announced new restrictions on exports of some semiconductor equipment, boosting a U.S.-led drive to curb supplies of high-tech components to China.