Turkey Strikes $30bn Gas Gold in Black Sea

Turkey has discovered a new natural gas reserve in the Black Sea, valued at $30 billion.…

Tinubu Grants Licences for Northern Oil Project

President Bola Tinubu has granted regulatory approvals for issuing all critical licences required for the Kolmani…

Guyana Tightens Oil Spill Liability Rules

Guyana’s Parliament passed a new law holding oil companies responsible for hydrocarbon spill damages. Lawmakers approved…

India and GEAPP Ignite $500K Challenge to Power Climate-Tech Startups

India’s Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with the Global Energy…

Engie Slows U.S. Renewable Projects Amid Tariff Uncertainty

Engie, the French energy company, is scaling back new renewable energy projects in the United States…

UAE to Boost U.S. Energy Investments to $440bn by 2035

The United Arab Emirates (UAE) announced plans to increase its energy investments in the United States…

Eni Enters Exclusive Talks with Ares to Sell 20% Stake in Plenitude

Italian energy group Eni has entered exclusive negotiations with Ares Alternative Credit Management to sell a…

IFC, Canada Invest $5m to Power 108 Minigrids in Nigeria

The International Finance Corporation (IFC), in collaboration with the Government of Canada, has committed $5 million…

Chariot Regains 75% Interest in Two Moroccan Offshore Licences

Chariot, the Africa-focused transitional energy group, has regained operatorship and a 75 per cent working interest…

Acwa Power Signs Deal with US Firms to Boost Clean Energy

Acwa Power has signed Memorandums of Understanding (MoUs) worth $500 million with several leading American companies.…