Petrochemical producers in Asia and Europe are battling oversupply and high energy costs, leading to consolidation, asset sales, and plant closures to stay competitive.
In the News
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Maya Khonje-Stewart leads Africa’s solar energy revolution, aiming for universal access and global impact through sustainable power solutions.
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Innovative financing models and supportive policies are accelerating renewable energy development in Africa, helping to overcome barriers and drive sustainable growth.
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Eskom and Golden Arrow team up to develop electric vehicle charging infrastructure in Cape Town, aiming to boost sustainable public transport.
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Seriti Group pushes South Africa’s energy transition with a 155 MW wind farm in Mpumalanga, blending renewable energy with coal for sustainable growth.
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India’s Reliance Industries secures a crude-for-naphtha swap deal with Venezuela after receiving U.S. approval to resume oil trade, navigating sanctions and global oil market challenges.
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Oil prices are on track for a 3% weekly gain, driven by escalating Middle East tensions and positive U.S. economic data. The market remains volatile amid ongoing geopolitical risks.
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Nigeria spends $600 million monthly on fuel imports. Finance Minister Wale Edun denies seeking Central Bank loans and discusses steps to combat inflation and stabilize the economy.
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Cameroon aims to develop 4GW of renewable energy by 2035, addressing its power needs and promoting sustainable development.
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The South African government allocates $613 million in grants to support projects under its Just Energy Transition plan, focusing on renewable energy and community development