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…

Nigeria Has Cheapest Electricity in Africa, Says Power Minister

The Minister of Power, Adebayo Adelabu, recently stated that electricity prices in Nigeria are among the…

Kazakhstan’s Nuclear Future Hangs on Key Referendum

The village of Ulken in Kazakhstan’s vast steppe eagerly awaits the construction of the country’s first…

EPFL’s AI Breakthrough Transforms Aircraft Design for Sustainable Aviation

Researchers at the École Polytechnique Fédérale de Lausanne (EPFL) introduced DeepGeo, a neural network tool that…

Germany Amplifies Battery Storage to Power Renewable Future

Germany raised its battery storage capacity by 30% in 2024. This expansion plays a vital role…

University of Nigeria Faces Power Outages Due to N600 Million Electricity Debt

The University of Nigeria, Nsukka, is grappling with persistent power outages attributed to an accumulated electricity…

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,…

Mnangagwa Look to IPPs to Alleviate Zimbabwe’s Power Shortages

President Emmerson Mnangagwa has expressed optimism about the role of Independent Power Producers (IPPs) and new…

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…

Venture Global Faces LNG Contract Dispute Amid Delays and Spot Market Sales

Major clients, including Shell and BP, accused Venture Global, a U.S.-based LNG producer, of delaying deliveries…