SolarEdge to Lay Off 16% of Workforce to Reduce Operating Costs

 SolarEdge Technologies said yesterday that it would lay off about 16 per cent of its global workforce…

Ugandan Government to Stop Paying for Unused Electricity

The Ugandan government has announced it will discontinue payments for deemed power as the Achwa and…

Kinetic Energy to Expand Natural Gas in South Africa

The recently signed liquefied natural gas (LNG) development project in South Africa’s Mpumalanga province is a…

FG Spends N375.8bn on Electricity Subsidy in Q1 to Q3 2023

The Federal Government spent N375.8 billion on electricity subsidies in the first, second and third quarters…

Adelabu Advocates for Gas Pricing in Naira

The minister of power, Adebayo Adelabu, advocates for gas pricing in naira to manage inflation in…

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…

Equinor Sells Stake in Nigeria to Chappal Energies

Equinor, a multinational energy company in Norway, has sold its Nigerian business to Chappal Energies as…

Mozambique Approves $80bn Energy Transition Plan

A senior energy official said that Mozambique has approved an ambitious new energy transition plan until…

Norwegian Oil Companies Face Higher Investment Costs in 2024

A national statistics office (SSB) survey showed yesterday that Norwegian oil and gas companies plan to…

Cape Town Lost R83m to Illegal Electricity Connections in 10 Months

In a recent statement released by Cape Town, ongoing illegal electricity connections and vandalism have cost…