Trading giants Trafigura and Gunvor have been on a buying spree in the Brent crude oil market, driving prices to their highest level since the benchmark’s methodology changed in 2023. …
In the News
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SolarAfrica Energy breaks ground on the SunCentral solar farm, set to significantly bolster South Africa’s renewable energy capacity.
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As heat waves increase, can renewable energy sustain our cooling needs? Explore the challenges and solutions in integrating renewables into our energy systems.
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Liberia secures World Bank funding for solar and hydropower projects, significantly boosting the nation’s energy capacity and infrastructure.
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The US Senate Budget Committee is investigating domestic oil producers for potential illegal coordination of oil prices with OPEC, raising concerns about market manipulation.
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Oil prices defied expectations on Thursday, climbing due to worries about potential disruptions to global crude supply caused by geopolitical tensions in the Middle East and Europe, even though U.S. …
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Africa50 and IRENA have pledged $100 million to support renewable energy projects in Africa, aiming for sustainable development and enhanced energy access.
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Stability in legislative frameworks is highlighted as essential for fostering investments in South Africa’s renewable energy amid governmental changes.
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A dispute over crude supply between NNPC, Dangote Group, and IOCs exposes deeper issues within Nigeria’s oil industry, posing risks to economic stability.
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Scorching temperatures in Texas are expected to drive record-breaking electricity demand. ERCOT, the state’s grid operator, assures Texans there’s enough supply but urges conservation during peak hours. The heatwave also …