The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…
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Germany’s Renewable Energy Surge: 55% in 2023
Germany’s energy regulator reported that renewable energy accounted for 55% of electricity on national networks in…
TotalEnergies Plans to Invest $6bn in Nigeria’s Oil and Gas
TotalEnergies plans to invest $6 billion, focusing on offshore oil projects and boosting gas production. According…
South Africa Selects Gazprombank as Investment Partner for Gas-to-liquid Refinery
South Africa has agreed to the national oil company PetroSA’s recommendation to select Russia’s Gazprombank Africa…
Britain’s Octopus Energy to Build First Wind Farm in Sierra Leone
Britain’s Octopus Energy said its generation arm has partnered with Sherbro Alliance Partners (SAP) to build…
EU Unveils Energy Overhaul Plan For Renewable Surge
European Union energy commissioner Kadri Simson unveiled a plan to overhaul the bloc’s 40-year-old electricity infrastructure…
Africa Oil Releases Financial Results for Q3 2023
Africa Oil Corp. has announced its operating and interim condensed consolidated financial results for the three…
Westmount Energy Projects High Investments in Oil Sector
Westmount Energy Limited projects investment in the oil sector ‘upstream’ segment to reach its highest level…
Norway, Scotland Signs Agreement for Floating Wind Project
A Norway-based offshore wind company, Vargronn and Scotland’s Flotation Energy, have signed an agreement to develop…
Electric Cars to Increase 10 times by 2030 –IEA
The International Energy Agency (IEA) has said there will be almost ten times as many electric…