President Ramaphosa signs the Electricity Regulation Amendment Act, laying the foundation for an independent transmission system operator in South Africa.
In the News
-
-
Oil prices dropped nearly 2% amid concerns over weakening demand from China and ongoing tensions in the Middle East, capping a volatile week in global oil markets.
-
Exxaro Resources declares a lower interim dividend as revenue rises but profits fall sharply.
-
Nigeria and Equatorial Guinea finalize a critical Gulf of Guinea Pipeline deal, promising stronger energy ties, job growth, and regional stability.
-
Oil prices are set for weekly gains as renewed confidence in the U.S. economy and ongoing supply constraints boost demand expectations in the energy market.
-
US solar manufacturers seek retroactive tariffs on imports from Vietnam and Thailand, citing a surge in shipments amid trade investigations into unfair practices.
-
Chevron agrees to a $550 million settlement with Richmond, California, avoiding a proposed tax on its refinery and securing a decade-long financial commitment to the city.
-
Rising electricity costs in South Africa deepen the divide, leaving the poorest to bear the brunt of the energy crisis.
-
South Africa’s Necom 2.0 aims to fix electricity issues, focusing on affordability, reliability, and long-term energy solutions.
-
A Saudi firm is set to construct a hydrogen-powered skyscraper in Egypt’s new administrative capital, aiming to lead the way in sustainable urban development and green energy.