News

LNG Export Permit Impacts Global Supply and Industry

The U.S. Department of Energy (DOE), under President Biden, has significantly extended the review process for…

EU to Invest €60m in Uganda’s Hydropower Plant

The European Union plans to invest 60 million euros ($63 million) in upgrading one of Uganda’s…

IMF, Rwanda Sign $262m Deal to Ease Climate-related Shocks

The International Monetary Fund (IMF) staff and the authorities of Rwanda have agreed on a new…

Post-Brexit Carbon Prices May Cost UK Billions

An industry report said yesterday that Britain’s Treasury could lose 3 billion pounds ($3.6 billion) of…

Jaber Urges Fossil Fuels Consensus

The United Arab Emirates President of COP28 urges fossil fuel consensus to resolve disagreements over the…

Canadian Solar to Build Solar Cell Production Plant

Canadian Solar said it would invest $800 million to build a solar photovoltaic (PV) cell production…

Sahara Group Advocates for Gas Development in Africa

Sahara Group has urged African governments and regulators to adopt market-based regimes to stimulate the sustainable…

Emerging Markets Seek Investments for Greener Buildings by 2035

In a global effort to mitigate climate change and reduce carbon emissions, emerging markets are facing…

US-owned Marelli to Close Italian Power Plant

 US-owned business Marelli has announced plans to close a power plant in the Emilia Romagna region.…

FG Closes $463m Deal to Improve Power Distribution Lines

The Ministry of Power has closed a $463 million contract with a Chinese consortium to improve…