The Board of Directors of the African Development Bank (AfDB) Group have approved a €101.10 million loan…
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Experts Urge Tunnelling, Underground Technology to Develop Africa’s Energy
Experts have called on Nigeria and other African nations to adopt tunnelling and underground space development to…
Greenpeace Accuses Chinese Firms of Greenwashing LNG Purchase
Greenpeace, an environmental group, stated that big oil and gas companies in China and other countries…
Spain’s Endesa Cuts Profit, Dividend Outlook After LNG Ruling
Spanish power utility Endesa cut its profit and dividend outlook today as it pledged to invest…
Indonesia Launches $20bn Renewable Energy Investment Plan
Indonesia has launched its investment plan to mobilise $20 billion in financing pledged by global lenders…
UK Increases Offshore Wind Price Cap by 66%
The UK government has increased the maximum price for offshore wind projects by 66% in its…
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…
Standard Bank Injects $20m Into CrossBoundary Energy
Standard Bank, based in Johannesburg, South Africa, provides a $20 million credit facility to CrossBoundary Energy…
UAE’s Energy Company Capex Rose by 34% in Q3 2023
Abu Dhabi National Energy Company (TAQA) said on Monday that its capital expenditure (capex) increased 34…
FG, Germany to Explore Green Hydrogen Potential
During the 2nd German-Nigeria Symposium on Green Hydrogen, Nigeria and Germany explored ways both countries can…