The sudden closure of the Port of Baltimore, a critical artery for US coal exports, is throwing a wrench into the industry’s plans for continued growth. The port shutdown, caused by the collapse of a key bridge, is hindering the movement of millions of tons of coal and forcing producers to scramble for alternative shipping routes.
In the News
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DEPA, Greece’s state-controlled gas supplier, is locked in a dispute with Russian energy giant Gazprom over the pricing terms of their natural gas supply contract. Soaring energy prices across Europe, fueled by the ongoing war in Ukraine, have significantly impacted the deal’s viability. DEPA is seeking a retroactive price reduction and relief from future payments through arbitration.
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Mauritania sets a new benchmark in Africa with the Energy Service Zone in Nouakchott, fueling investments in oil, gas, and green hydrogen for sustainable growth.
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Plans are underway to launch a new Africa Energy Bank this year, signaling a strategic focus on fossil fuel investment across the continent. The initiative comes amid growing demand for…
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Botswana’s groundbreaking Mmadinare 100MW Solar Cluster, developed by Scatec Solar, sets the stage for energy self-sufficiency and significant environmental benefits.
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Oil prices sink for the second day in a row as a stronger dollar and a surprising rise in US stockpiles put downward pressure on the market.
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Facing refinery repairs, Russia turns to neighboring Belarus to meet its gasoline needs. This temporary reliance highlights the interconnectedness of energy markets within Eastern Europe.
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Ethiopia launches its first electric buses in Addis Ababa, marking a significant step towards sustainable transportation and planning to import 439,000 EVs by 2030.
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Kenya Power strengthens defenses, joining forces with security bodies to tackle vandalism, ensuring reliable energy flow and safeguarding critical infrastructure in key coastal regions.
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Environmental advocacy groups have taken legal action, approaching the High Court, to challenge TotalEnergies’ plans for drilling off the coast of Cape Town. This move signals growing concerns over the…