Italgas plans a €1 billion capital raise to acquire 2i Rete Gas, strengthening its hold on Italy’s gas distribution market in a €5 billion deal. Â
In the News
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RMI’s groundbreaking study reveals how solar-powered mini-grids are slashing energy costs and boosting productivity in Nigerian agriculture, paving the way for rural economic transformation.
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OPEC+ will proceed with its planned October oil output increase, despite market concerns, due to Libyan disruptions and hopes for a U.S. rate cut.
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A dispute over Libya’s central bank governance has led to a drastic cut in the nation’s oil output, halting exports and escalating tensions. This severe drop in production stirs fears of extended global market disruptions.
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Gold Fields is boosting its renewable energy efforts at South Deep, with plans to expand its 50 MW solar plant and explore wind power. This move aims to reduce operational costs and carbon emissions, aligning with global trends towards sustainability in mining.
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NNPC expands LNG exports to Japan and China, boosting its presence in global energy markets.
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SPS launches a R135 million solar project at AQuinON Abalone Farm, enhancing sustainability and reducing energy costs with cutting-edge solar technology.
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Argentina targets $10 billion in mining exports by 2027, driven by booming lithium and copper sectors, as it seeks to boost its economy.
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Tech giants are competing with bitcoin miners for power resources to fuel rapidly expanding AI data centers, driving a surge in U.S. electricity demand.
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The Franco-Nigerian Chamber of Commerce and Industry urges Nigeria to supply local crude oil to refineries and address oil theft to ensure sustainable energy costs.