Cuba faces a deepening energy deficit, with a capacity deficit exceeding 1,600 megawatts (MW). The shortfall…
Tag: energy sector
U.S. Targets Chinese Refinery in Fresh Crackdown on Iranian Oil
The United States has sanctioned Shouguang Luqing, an independent Chinese refinery, for processing Iranian crude. This…
India Sparks Solar Surge in Sri Lanka After Adani Setback
India will build a 120-megawatt solar plant in Sampur, Sri Lanka. The project revives a delayed…
MRS Oil Nigeria Reports 71% Revenue Growth
MRS Oil Nigeria Plc has released its audited financial results for 2024. The company reported a…
Siemens Gamesa Sells Majority Stake in Indian Wind Operations to TPG
Siemens Gamesa sold 90% of its onshore wind operations in India and Sri Lanka to a…
Bangladesh Revamps Solar Tender with 2.65 GW
The Bangladesh Power Development Board (BPDB) has launched a tender for 14 large-scale solar power plants,…
Ghana Invests GH₵1.2bn for Energy Sector Reforms in 2025
In a strategic move to modernise its energy sector, Ghana’s Parliament has approved a GH₵1.2 billion…
Trump Slaps 25% Tariff on Venezuela’s Trade Allies
U.S. President Donald Trump introduced a 25% customs duty on goods from countries engaging with Venezuela’s…
Shell Brasil Greenlights Gato do Mato Project, Aiming for 120,000 Barrels Daily by 2029
Shell Brasil Petróleo Ltda., a subsidiary of Shell plc, has approved the development of the Gato…
Britain’s RWE Slashes Green Energy Investment by €10bn
RWE, Britain’s largest power generator, will cut its investment in green energy due to uncertainty caused…