Europe is pivoting from decades of aid to interest-driven energy deals with Africa as the Iran war rewrites global supply chains
Government
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Energy TransitionGovernmentIn the News
Ethiopia and Russia Seal Nuclear Energy Roadmap as Addis Ababa Eyes Its First Reactor
Ethiopia and Russia signed a nuclear energy development roadmap March 31, pushing Addis Ababa closer to its first reactor as hydropower risks mount
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GovernmentIn the News
World Bank, Partners Launch Private Sector Council to Electrify 300 Million Africans
The World Bank, African Development Bank and Rockefeller Foundation launched a private sector council to electrify 300 million Africans by 2030
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KEY POINTS Brazil’s state-controlled energy giant Petrobras is weighing a return to Nigeria’s upstream oil sector, signaling renewed interest in deepwater and ultra-deepwater exploration as Africa’s largest crude producer courts …
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OPEC+ plans a major oil output hike by November as Saudi Arabia cracks down on members violating production quotas
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Australia’s mining and energy export earnings are projected to fall 6% in 2024 as iron ore prices dip and Chinese demand slows
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Oil prices rise as traders assess U.S. tariffs and tightening crude supplies, with concerns about the global economy
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Pemex pursues a diversification strategy for motor fuel and crude oil exports, following U.S. tariff threats against Venezuela oil trade
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Iraq plans to raise oil production to 6 million bpd by 2029, backed by a BP deal and OPEC+ commitment to global output reductions
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EU leaders urge talks on Russian gas transit through Ukraine as Slovakia warns of rising energy costs and cold weather depletes gas reserves