energy transition

FMF2024 report calls for $5.4 trillion in mineral investments by 2035 to meet energy transition goals and demand for critical minerals

Africa leverages abundant natural resources and technology advancements to address energy deficits, driving its renewable energy transition forward.

Shell shifts energy strategy, cutting offshore wind investments and restructuring power operations to focus on LNG, oil, and high-return projects.

Guyana and Suriname’s LNG projects capitalize on rising global demand, with their exports potentially boosted by a U.S. license pause

Snam plans to invest €14.5 billion ($15.8 billion) to upgrade its gas infrastructure for hydrogen and biomethane, aligning with its carbon neutrality goals by 2040.

The IEA predicts a surge in global renewable energy by 2030, driven by cost competitiveness and favorable policies, with renewables expected to make up nearly 20% of the global energy …

KEY POINTS Oil-producing nations in Africa have raised 45% of the initial $5 billion in seed capital for the planned Africa Energy Bank, which will fund oil projects on the …

The IEA stresses that the next round of NDCs will be crucial for tripling global renewable energy capacity by 2030, urging governments to boost commitments and investments.

China’s transition to greener fuels and a sluggish economy have led to slower oil demand growth, according to experts at the APPEC conference.  

Indonesia lowers its local content requirement for solar power projects to 20%, aiming to boost renewable energy capacity and attract foreign investment.