South Africa is mulling IPP procurement changes to unlock 10 GW of renewable energy, addressing grid pressures and promoting green industrialization.
In the News
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Oil prices rose nearly 2% on supply fears as escalating Middle East tensions, including possible Israeli retaliation against Iran, shook markets
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Turkey sets a goal to reach 120,000 MW wind and solar capacity by 2035, requiring $108 billion in investments as part of its energy transformation plan.
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The European Union is finalizing plans to choose a firm to develop a joint purchasing platform for critical minerals and energy resources, part of its strategy to secure better deals …
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Cuba’s power grid collapsed again amid Hurricane Oscar, leaving millions without electricity and further straining the island’s already fragile infrastructure
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Oil prices have steadied after seven consecutive weeks of decline, as global supply and demand factors and geopolitical tensions influence market trends.
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Shell and Singapore’s Maritime and Port Authority have successfully contained a pipeline oil leak, deploying advanced clean-up measures to mitigate environmental impact.
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Serbia ensures its natural gas needs are met this winter with Russia’s help, as President Vucic thanks Putin for securing energy supplies amid EU pressures.
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Cuba faces widespread blackouts as the national grid collapses twice in 24 hours, leaving millions without electricity amidst a worsening energy crisis
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SLB posts a 13 percent rise in Q3 profit but warns of slower revenue growth in Q4 as weak oil prices and customer spending cuts impact the oilfield services company.