Saudi Arabian Oil Company (Aramco) reported a 4.6% decline in net profit for the first quarter…
Tag: energy sector
Hydro-Québec Goes Solar: 3,000 MW by 2035
Hydro-Québec has launched a 300 MW call for interest as it kicks off a plan to…
Ghana a Key Player in West Africa’s Energy Security – John Jinapor Tells Investors
Minister of Energy and Green Transition, Dr John Abdulai Jinapor, has urged global investors to explore the…
Shell Eyes BP as Oil Giants Stir Merger Buzz
After reports suggested Shell might pursue an acquisition, BP shares climbed on Monday, May 5. Investors…
Sinopec Eyes 2045 Energy Peak, Hydrogen Surge by 2060
China’s oil giant Sinopec released its first international Global Energy Outlook 2060 on April 21 in…
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…