Abu Dhabi’s Mubadala Investment Company has teamed up with UK-based private equity firm Actis to invest €300 million ($352 million) in Rezolv Energy, a clean energy producer headquartered in Romania.
Turkey is set to accelerate the deployment of new electricity storage capacity as part of efforts to strengthen domestic energy security and respond to rising power demand from its rapidly expanding technology sector.
Namibia is making steady progress toward Mission 300 a global initiative led by the World Bank Group and the African Development Bank following the official launch of its National Energy Compact.
Oman’s Sultan Haitham bin Tariq has emphasized the need to prioritize renewable energy as a cornerstone of the country’s economic diversification strategy.
The total number of active oil and gas drilling rigs in the United States increased by three this week, according to Baker Hughes data released on Tuesday.
The Ntorya gas project is progressing steadily, with pipeline construction, drilling preparations, and field development activities aligned toward production by 2026. Significant gas reserves and ongoing infrastructure investments position the project as an important contributor to Tanzania’s natural gas sector.