Nigerian Government Announces VAT Exemptions on Diesel, CNG, LNG and EVs

The Federal Government of Nigeria has unveiled value-added tax (VAT) exemptions on several essential energy products,…

National Grid Expects £70 Million Boost from ESO Sale to Government

National Grid has announced that it anticipates earning approximately £70 million more than expected from 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…

Heat Wave Sparks Surge in Western US Electricity Prices

An intense heat wave in the western United States is driving a sharp rise in wholesale…

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…

Britain’s Last Coal-Fired Power Plant is Winding Down

Britain’s final coal-fired power plant, Ratcliffe-on-Soar, will close on Monday, October 7th, 2024, ending 142 years…

Minister of Power Reports Progress in Nigeria’s Electricity Supply

Minister of Power Adebayo Adelabu announced that over 40% of Nigerians now enjoy more than 20…

India Launches Tender for 6GW Renewable Energy with Storage

On September 28, 2024, state-operated hydroelectric power generation company SJVN announced that India is initiating a…

NASENI Plans to Convert Millions of Nigerian Vehicles to CNG

Nigeria’s National Agency for Science and Engineering Infrastructure (NASENI) has announced ambitious plans to convert millions…

McDermott Awarded FEED Contract in Mozambique

McDermott, through a consortium with Saipem and China Petroleum Engineering and Construction Corporation, has been awarded…