Rosatom reaffirms commitment to completing Egypt’s Dabaa Nuclear Plant, a $26 billion project with four reactors.
Energy Transition
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Russia stopped gas deliveries to Austria over a payment dispute as OMV offsets €230 million arbitration damages. EU energy shifts continue
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Orano warns of financial strain at Niger’s Somair uranium plant amid strained Franco-Niger relations and production challenges.
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The IEA predicts a surplus in global oil supply by 2025, driven by rising production from non-OPEC+ nations and slowing demand growth in China
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ADIPEC 2024 champions balanced North-South collaboration for equitable global energy transition.
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Energy TransitionIn the News
South Africa Accelerates Renewable Energy Sector Amid Rising Import Costs
South Africa spent R17 billion on renewable energy imports in 2024, pushing for local manufacturing to support jobs and reduce costs
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Guyana and Suriname’s LNG projects capitalize on rising global demand, with their exports potentially boosted by a U.S. license pause
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Africa needs $213.4 billion in climate financing by 2030, with private sector investment crucial to closing funding gaps.
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Sub-Saharan Africa’s solar surge addresses energy demand, boosts economic growth, and supports sustainable development.
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Senegal is preparing for its first LNG shipment from BP’s major GTA project, marking a breakthrough in the country’s energy growth trajectory