The Chairman of the House of Representatives Committee on Petroleum Resources, Downstream, Ikenga Ugochinyere, has said…
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Norfund Invests $307M in Kenya’s Electromobility
Norwegian investment fund Norfund has announced a $307 million investment in Kenya’s electromobility sector, focusing on…
Sweden, Denmark, Finland, Switzerland Lead Energy Transition Index – WEF Report
World Economic Forum’s (WEF) “Fostering Effective Energy Transition 2024” report highlights global progress and challenges in…
Namibia Lowers Fuel Prices to Reduce Customer Burden From July 3, 2024
Namibia’s Ministry of Mines and Energy recently announced plans to decrease fuel prices by 80 Namibian…
OPG Launches CAD 1B Bond Sale for Clean Energy Projects
Ontario Power Generation (OPG) has launched a significant bond sale to raise CAD 1 billion (approximately…
Carbon Removal Market to Reach $100 Billion Between 2030 and 2035
A recent report by management consultancy Oliver Wyman highlights the immense potential for growth in the…
2024 Oil & Gas Investment to Hit $570 Billion
Global upstream oil and gas investment will hit $570 billion in 2024, reflecting a 7% rise…
Doral Renewables Lands $400M Investment from APG
Philadelphia-based Doral Renewables LLC attracted a $400 million (EUR 372.8 million) equity investment from APG, representing…
EU’s CBAM Influences Middle East Carbon Emissions Pricing
Experts suggest that the European Union’s newly enacted Carbon Border Adjustment Mechanism (CBAM) will significantly influence…