OptiPower and Abengoa JV win a R1.2 billion solar contract for a South African mining company, marking a significant shift towards renewable energy in the industry.
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In the News
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Oil prices fell $1 per barrel following a significant revision of U.S. jobs data, sparking fears of economic slowdown and adding to global market uncertainty.
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Consol Energy and Arch Resources merge to form Core Natural Resources, a $5 billion coal giant aiming to expand its influence in fast-growing Asian markets.
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South Africa’s renewable energy projects hit 133GW in 2024, stressing the urgency for grid upgrades and infrastructure investment.
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WEG Africa completes a durable substation E-house for Sasol’s Mozambique project, boosting energy production.
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Sasol extends gas supply from Mozambique’s fields to June 2027, using the period as a bridge to transition towards liquefied natural gas imports.
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Exxon and Chevron clash in arbitration over Hess’s Guyana oil assets, with the valuation of these assets playing a key role in the $53 billion Chevron-Hess merger.
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Goldman Sachs forecasts Brent crude prices could fall to $68 per barrel by 2025 due to weakened oil demand in China, as the country’s economic slowdown continues to impact global …
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AfriForum demands refunds after a court finds municipal electricity tariffs unlawful, impacting millions of South African consumers.
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Africa’s renewable energy potential is spotlighted as leaders gather in Namibia to attract crucial investments for sustainable power projects.