TotalEnergies CEO Patrick Pouyanné discusses maintaining resilient returns through low-cost oil projects amid challenges, including falling crude prices and stalled LNG ventures
Analysis
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KEY POINTS The global goal to triple renewable energy capacity by the end of the decade is still attainable, but substantial investments in power grids and energy storage are required,…
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AnalysisEnergy TransitionIn the News
How African Villages Are Gaining Energy Independence With Microgrids
Micro-grids are transforming African villages, bringing clean and reliable energy to places like Entasopia, Sabon Gida, and Sikasso, while promoting energy independence
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Analysis
South Africa and Zambia’s Electricity Deregulation: A Catalyst for Investment Across Africa
The recent electricity market deregulation in South Africa and Zambia is expected to attract significant private investment, fostering economic growth and boosting energy security. By dismantling monopolistic structures and introducing competition, these reforms could serve as a model for other African nations, sparking a wave of energy market liberalization across the continent. The new laws open up opportunities for independent power producers, paving the way for regional economic integration and positioning South Africa and Zambia as energy hubs. However, investors must navigate potential political and regulatory challenges to unlock Africa’s vast energy potential.
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After Hurricane Beryl, nearly a million in Texas still face power outages, with full recovery expected by Monday.
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Eskom anticipates a significant loss but sees potential for profit as it cuts diesel use and stabilizes power supply.
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Rising oil prices influenced by China’s economic data and rising geopolitical tensions across key regions.
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Under Benedict Peters’ visionary leadership, Aiteo is set for major growth, targeting ambitious revenue goals and reinforcing its dominance in Africa’s energy sector.
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Tight oil market faces heightened risks amid Iran-Israel conflict escalation.
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NEF condemns the federal government’s 200% electricity tariff increase, citing economic oppression and demanding immediate reversal for public welfare.