Key Points Oil prices fall as Israel-Lebanon ceasefire deal is reported. Analysts cite low supply risks and geopolitical tensions easing. OPEC+ to decide on maintaining current output cuts next month. …
Energy Transition
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Black soldier flies lead the charge in Kazakhstan’s fight against waste and methane, paving the way for sustainable solutions and grassroots recycling initiatives
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Energy TransitionGovernmentIn the News
South Africa Advances Renewable Energy with $4.1 Million Battery Storage Projects
South Africa’s Oasis projects will deliver 257 MW battery storage, enhancing grid stability and driving renewable energy innovation.
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Ghana inaugurates $1.2 billion Bridge Power Plant, boosting energy capacity by 7% with advanced, sustainable technology innovations.
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Rosatom reaffirms commitment to completing Egypt’s Dabaa Nuclear Plant, a $26 billion project with four reactors.
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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