China’s oil giant Sinopec released its first international Global Energy Outlook 2060 on April 21 in…
Tag: energy sector
Nigeria, South Africa Unite to Power Africa’s Energy Future
Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, urged African countries to focus…
Can Solar Power Outshine Fossil Fuel Generators in Nigeria?
Nigerian solar company Arnergy has raised $18 million in Series B funding. This year, the company…
AI Powers Data Surge, Sparks Electricity Alarm
The International Energy Agency (IEA) has said artificial intelligence (AI) will drive a significant increase in…
Cuba’s Energy Deficit Deepens with 1,600 MW Deficit
Cuba faces a deepening energy deficit, with a capacity deficit exceeding 1,600 megawatts (MW). The shortfall…
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,…