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Energy
ADNOC plans stake sale in drilling unit
Abu Dhabi's ADNOC has announced plans to divest approximately 5.5 per cent of its stake in its drilling unit, over…
Vivo Energy to increase S. Africa investment
Vivo Energy, backed by Vitol, will inject 10 billion rand ($550.79 million) into its South African operations…
US EV electricity consumption surges over 50% in early ’24
Electricity consumption from electric vehicles (EVs) in the United States surged by over 50 per cent in the first…
ADNOC acquires Galp stake in Mozambique
ADNOC announced the acquisition of Galp’s 10 per cent stake in Mozambique's Area 4 concession in the Rovuma basin,…
China’s solar expansion faces grid bottlenecks
China’s rapid solar power expansion is experiencing a slowdown due to grid bottlenecks, market reforms, and a…
SCZONE launches solar plant at Siemens energy centre
The General Authority of the Suez Canal Economic Zone (SCZONE) inaugurated on Tuesday a solar power plant at the…
TotalEnergies advances development of Angola’s $6b Kaminho oil project
TotalEnergies is moving forward with the advancement of the Kaminho oil project 100 kilometers off the coast of…
Crown Prince promises Japan stable oil supply
Saudi Arabian Crown Prince Mohammed bin Salman assured Japanese Prime Minister Fumio Kishida of a continuous and…
India seeks oil supply collaboration with Russia
India has urged its state-owned oil refiners and Reliance Industries Ltd. to collaborate in negotiating a long-term…
Ghana to announce winner for its first nuclear project soon
Ghana plans to finalise the selection of a company for its first nuclear power plant by December, with contenders…
