In the News

Independent power producers propose 133 GW of renewable projects, marking a significant step in South Africa’s energy transition.

Canada’s oil exports to the U.S. are likely to be shielded from a looming rail dispute due to excess pipeline capacity, including the expanded Trans Mountain pipeline.

APA Corp is exploring a $1 billion sale of its Permian Basin assets to streamline operations and reduce debt, aligning with its strategic focus on shale production.

Egypt’s new low-carbon hydrogen strategy aims to boost GDP and energy security, creating over 100,000 jobs by 2040.

Major investors commit $400 million to support clean energy projects in emerging markets, driving a just energy transition globally.

President Tinubu approves the use of NNPC dividends for a petrol subsidy to provide relief from rising fuel prices in Nigeria.

Algeria provides emergency fuel to Lebanon, aiding in the restoration of power after a nationwide outage highlights the ongoing energy crisis in the country.

China’s gasoline exports plummeted 35.7% in July as weak profit margins led refiners to cut operations and prioritize higher-margin fuels like jet fuel.

President Ramaphosa signs the Electricity Regulation Amendment Act, laying the foundation for an independent transmission system operator in South Africa.

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.