. Saudi Arabia has been spending heavily both abroad and at home. . As a result, last year, the Public Investment Fund’s cash and treasury assets slimmed from over $105 billion in 2022 to some $37 billion as of September. . Perhaps the decline in sovereign wealth fund money was part of the reason why Saudi Arabia announced earlier this month it would cancel a planned oil production capacity expansion.
For some time now, we’ve seen the race to develop non-fossil energy technology heat up, most emphatically in the nuclear arena.
Donald Trump, the most likely Republican presidential nominee, is set to overturn or at least try to dismantle many of President Joe Biden's energy and climate policies if the former president wins the November election.
The construction of a new oil pipeline expected from Dar es Salaam, Tanzania to Ndola Zambia, using the TAZAMA pipeline developer will have a length of 1710 kilometers and the capacity to transport a million tons of cubic meters 4 is about to start.
Deputy Prime Minister and Minister of Energy, Hon. Dr. Doto Biteko (Mb), has congratulated EWURA for the good management of the small petroleum sector in the country, especially in ensuring the quality and availability of the service on time and at the right price.
Prime Minister Kassim Majaliwa has chaired the meeting of the Ministerial Committee on Clean Cooking Energy, in the Speaker's hall parliament in Dodoma. The meeting was also attended by the Deputy Minister Head and Minister of Energy, Hon. Dr. Doto Biteko.