Ithaca Energy purchased most of Eni’s British oil and gas assets for £754 million (US$993 million),…
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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…
European Commission to Impose 45% Tariffs on Chinese EVs
The European Commission has secured sufficient backing from EU member states to implement significant tariffs of…
US DOE Invests $1.5 Billion in Electric Grid Upgrades to Enhance Reliability
The US Department of Energy (DOE) announced a significant $1.5 billion investment on Thursday to enhance…
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…
AEDC and Husk Power Launch Solar Mini-Grids in Nasarawa State
The Abuja Electricity Distribution Company (AEDC) has teamed up with Husk Power Systems, a clean energy…
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…
Japan Balances Nuclear Restart for Energy Security
Japan’s new Minister of Economy, Trade, and Industry, Yoji Muto, reaffirmed its commitment to restarting its…
El Salvador Partners with Argentina to Launch Nuclear Energy Program
El Salvador has taken a decisive step toward diversifying its energy mix by signing an agreement…
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…