Global petrol demand growth is expected to halve in 2024 due to a shift to electric cars in China and the United States, as well as a return to normal consumption levels after the COVID-19 pandemic.
Oil prices are trading down due to disappointing economic data and a rise in US crude oil inventories.
Dave Duttlinger leased 445 acres of his Indiana farm to Dunns Bridge Solar LLC for a solar development project, despite concerns about damage to his land. The solar panels were installed on some of the most productive cropland classified by the USDA, impacting future crop potential. Solar energy firms argue that the industry’s use of farmland is minimal compared to the need for renewable energy to combat climate change. Indiana farmer Norm Welker found leasing his land for a solar project more profitable than growing corn due to low prices.
The Municipality of Larnaca is offering free parking in certain areas from April 29 to May 5, 2024, which includes Holy Monday to Easter Sunday. This includes metered spaces and pay-and-display machines in the commercial center, T. Mitsopoulos Avenue, and the Mackenzie area. Additionally, visitors to the Larnaca Municipal Market can still enjoy three hours of free parking.
TEPAK and the Larnaca Municipality are working on establishing a School of Marine Sciences, Technology, and Sustainable Development. The Ministry of Finance has positively evaluated the study submitted by TEPAK and plans are underway to finalize architectural plans and study programs for the school. The school may be located in Mackenzie, pending clarifications requested by the Ministry of Finance and a decision by the Council of Ministers.