The European Union is examining a bloc-wide windfall tax on oil and gas companies as soaring…
Tag: Energy crisis
World Bank Warns Asia Faces Energy Financial Strain
Asian economies have used fuel subsidies to cushion consumers from the energy shock but face growing…
AfDB Approves $5.1bn Energy Crisis Framework
The African Development Bank Group approved a crisis framework worth up to $5.1 billion to help…
FG Rejects Return to Fuel Subsidies Amid Global Price Surge
Federal Government (FG) is maintaining market-based fuel pricing despite global moves to cushion rising energy costs.…
Cuba Restores Power After Sixth Nationwide Blackout This Year
Cuba has begun restoring electricity after a nationwide blackout, the sixth grid collapse to hit the…
Senate Confirms Joseph Tegbe as Power Minister
The Nigerian Senate confirms Joseph Tegbe as Minister of Power, tasking him with urgent reforms to…
Power Outage Hits South-East After System Collapse
The Enugu Electricity Distribution Company confirmed a system collapse at 11:54 a.m., leaving consumers across the…
Ukraine Declares State of Emergency in Energy Sector
Ukrainian President Volodymyr Zelenskyy held a meeting on the emergency situation in the country’s energy sector…
Cuba Faces 5th Blackout in 2025
Cuba’s energy crisis has once again left millions in darkness. The island suffered its fifth nationwide…
South Africa Faces Gridlock in Energy Future
The South African energy crisis continues to intensify as transmission grid bottlenecks delay renewable projects and…