Adnoc Acquires Covestro for €12B, Strengthens Diversification in Europe

Adnoc, the UAE’s national oil company, has acquired German chemical giant Covestro for €12 billion. This…

France Faces Industry Pushback Over Proposed Power Plants Tax

The French government plans to impose a new tax on electricity production plants to balance the…

Polarium Secures $49 Million to Fuel Growth Amid Financial Struggles

Polarium, a Swedish energy storage systems manufacturer, raised 500 million Swedish kronor (about $49 million) through…

ARENA Invests $9 Million to Propel Sustainable Aviation Fuel Production in Australia

The Australian Renewable Energy Agency (ARENA) announced a $9 million funding package for Jet Zero Australia…

Tunisia Secures €79M Deals for Solar Power Expansion

Tunisia signed agreements to build solar power plants in Sidi Bouzid and Tozeur. These projects form…

Innoson Motors Leads Nigeria’s CNG Vehicle Revolution Across States

Innoson Vehicle Manufacturing Company Ltd (IVM) has started delivering Compressed Natural Gas (CNG) buses ordered by…

Shell Halts Norway Blue Hydrogen Project Amid High Costs

Shell will no longer pursue its blue hydrogen project in Aukra, Norway, citing high costs and…

Stellantis Unveils Leapmotor T03: A Game-Changer in Affordable EVs

Stellantis has launched the Leapmotor T03, an electric vehicle for European consumers. It is priced at…

Electrifying Oil and Gas: A Path to 80% Emission Cuts

A recent study by Rystad Energy shows that electrifying oil and gas infrastructure can reduce production-related…

Eskom and Sasol Join Forces to Explore LNG Future in South Africa

On Friday, 20th, 2024, Eskom and Sasol signed a groundbreaking Memorandum of Understanding (MoU) to collaborate…