A report by the International Energy Agency (IEA) said yesterday that Nigeria’s national power grid collapsed…
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UAE’s ADNOC to Allocate $23bn for Decarbonisation
UAE’s Abu Dhabi National Oil Company (ADNOC) said today that it would allocate $23 billion for…
Petrobras Shifts Focus to Local Greenfield Projects
Petrobras, the state-run Brazilian oil firm, has announced that it would not invest in foreign wind…
OPEC Pushes for More Investment in Oil Despite Global Renewable Shift
The Organisation of the Petroleum Exporting Countries (OPEC) is seeking more investment in oil despite the…
Nigeria, Saudi Arabia to Develop Solid Minerals Sector
Nigeria and Saudi Arabia have resolved to strengthen collaboration between both countries to enhance the development…
World Bank Grants Iberdrola €300m to Develop Renewable Projects
The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…
AfDB: Africa’s Hydropower Plant Set for Upgrades
Bank officials of the African Development Bank (AfDB) have announced that the bank is drawing up…
COP28: Scatec Signs Solar Project Pact in Egypt
Norwegian renewable power producer Scatec has signed a pact for a project to deploy 1 GW…
OPEC Critises IEA for Unfair Climate Crisis Blames
OPEC’s Secretary General, Haitham Al Ghais, has criticised the International Energy Agency (IEA) for unfairly blaming…
Cheaper Batteries Disrupt Gas Power Plans
Giant batteries have become cheaper, disrupting gas power plans globally by offsetting renewable energy fluctuations. The…