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In the News

  • In the News

    NERSA Withdraws New Tariff Over Eskom’s Preparation for Rate Increase

    by Ikeoluwa Juliana Ogungbangbe July 4, 2024
    by Ikeoluwa Juliana Ogungbangbe July 4, 2024

    South Africa’s Energy Regulator retracts new tariff-setting rules ahead of Eskom’s planned substantial rate increase.

  • In the News

    Discos Hike Band A Electricity Tariff, Cite Rising Operating Costs

    by Motoni Olodun July 4, 2024
    by Motoni Olodun July 4, 2024

    Nigerian Discos have increased the Band A electricity tariff due to rising operating costs, sparking concerns among consumers and highlighting ongoing sector challenges.

  • In the News

    Germany Scrutinizes Chinese Wind Turbine Deal for Offshore Project

    by Victor Adetimilehin July 4, 2024
    by Victor Adetimilehin July 4, 2024

    Germany is raising security and competition concerns over a deal to use Chinese-made wind turbines for a major offshore wind project. The project aims to contribute to Germany’s ambitious renewable …

  • In the News

    French Firm Eramet Gears Up for Lithium Production in Argentina

    by Victor Adetimilehin July 4, 2024
    by Victor Adetimilehin July 4, 2024

    French mining giant Eramet is set to become a major player in lithium production with its new facility in Argentina’s Salta province. The Centenario project, utilizing innovative direct lithium extraction …

  • In the News

    South Africa Welcomes New Energy Minister, Renewable Sector Optimistic

    by Adenike Adeodun July 3, 2024
    by Adenike Adeodun July 3, 2024

    South Africa’s renewable energy sector supports the new Energy Minister, Kgosientsho Ramokgopa, and anticipates significant growth and stability in energy supply.

  • In the NewsMarkets

    TotalEnergies to Withdraw from South African Offshore Gas Projects

    by Ikeoluwa Juliana Ogungbangbe July 3, 2024
    by Ikeoluwa Juliana Ogungbangbe July 3, 2024

    TotalEnergies redirects its exploration efforts from South Africa to more viable regions near Namibia, impacting local energy plans.

  • In the News

    Namibia Announces Fuel Price Decrease for July

    by Motoni Olodun July 3, 2024
    by Motoni Olodun July 3, 2024

    Namibia’s Ministry of Mines and Energy announces significant fuel price reductions for July, aiming to provide economic relief and boost growth amid rising costs.

  • In the News

    Shell Hits Pause on Dutch Biofuels Project Amid Market Weakness

    by Victor Adetimilehin July 3, 2024
    by Victor Adetimilehin July 3, 2024

    Shell pauses construction of a major biofuels project in the Netherlands due to weak market conditions. The decision reflects a shift by Shell to prioritize oil and gas production under …

  • In the News

    Oil Prices Rebound After Hurricane Beryl Threat Subsides

    by Victor Adetimilehin July 3, 2024
    by Victor Adetimilehin July 3, 2024

    Oil prices rebound after initial fears of Hurricane Beryl disrupting oil production in the Gulf of Mexico subsided. Updated forecasts show the storm will spare key oil fields. However, analysts …

  • In the News

    National Transmission Company South Africa Begins Operations

    by Ikeoluwa Juliana Ogungbangbe July 2, 2024
    by Ikeoluwa Juliana Ogungbangbe July 2, 2024

    NTCSA commences trading, heralding new reforms in South Africa’s electricity sector with a focus on efficiency.

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Shell Suspends $3bn Share Buyback Ahead of $16.4bn ARC...
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