Energy Crisis

KEY POINTS The International Monetary Fund, IMF, said Tuesday it is closely monitoring the unfolding turmoil in the Middle East, pointing to disruptions in trade, rising energy prices and growing …

Brazil is considering bringing back daylight saving time to address its energy crisis amid a severe drought, awaiting final approval from President Lula.

South Africa’s grid to gain 2,500MW, easing loadshedding, with improved power stations leading the way.

The EU has taken steps to lessen dependence on Russian gas, but an audit identifies weaknesses in its readiness for potential future gas supply disruptions, including a lack of focus …

The South African Independent Power Producer Association (SAIPPA) has voiced strong opposition to the draft Integrated Resource Plan 2023 (IRP 2023), arguing that it is seriously flawed and inadequate to …

Russia has drastically cut its gasoline and diesel exports to countries outside the former Soviet bloc, following a series of drone attacks and fires that damaged its refineries and fuel …

South Africa has announced its intention to build new nuclear power stations to boost its electricity supply and address its ongoing energy crisis. The government said it would invite bids …

The global oil market is facing a turbulent period as the war in Ukraine has triggered an energy crisis that has disrupted trade flows and exposed the weakness of the …

A surge in consumer disputes over gas and electricity bills has been reported by the Energy Ombudsman, a watchdog that handles complaints about energy companies in the UK. The Ombudsman …

The Oil Producers Trade Section (OPTS), affiliated with the Lagos Chamber of Commerce and Industry, revealed Nigeria’s outstanding $1.3 billion debt to gas producers for supplied products. They urged the …