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FOUR OIL COMPANIES ALLOCATE $500 MILLION TO BOOST ENERGY SECURITY IN AFRICA AND ASIA.
Four major international oil companies—TotalEnergies (France), BP (UK), Equinor (Norway), and Shell (multinational)—have announced a joint commitment to invest $500 million to improve electricity access in the Global South.
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AFRICA'S DEEPWATER OIL AND GAS PRODUCTION EXPECTED TO SEE SIGNIFICANT GROWTH OVER THE NEXT DECADE.
Africa’s deepwater oil and gas production is poised for significant growth over the next decade, fueled by recent discoveries and new projects.
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EXXON HITS 500 MILLION-BARREL OIL MILESTONE IN GUYANA.
ExxonMobil announced on Wednesday that it has reached a major milestone, producing 500 million barrels of oil from the Stabroek block off the coast of Guyana, just five years after beginning production.
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PROJECT TO STORE HYDROGEN IN A NORTH SEA GAS FIELD.
Centrica Energy Storage has chosen Exceed, alongside Wood, as key partners for the redevelopment of the rough gas field in the UK’s Southern North Sea.
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WORLD'S SECOND LARGEST SOLAR POWER PLANT STARTS OPERATIONS.
The world's second-largest solar power plant has officially begun operations, marking a significant advancement in global energy sustainability, Located in China.
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UAE'S HATTA HYDROPOWER PLANT NEARS OPERATION.
The UAE's Hatta Hydropower Plant, the first of its kind in the Arabian Gulf, is nearing completion with trial operations expected in early 2025, and will generate 250 MW of clean energy. The project is part of Dubai's broader efforts to meet its 2050 clean energy goals, enhancing sustainability and contributing to global climate action.
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Africa Energy Insights (AEI) is an African platform with latest news, insights and investment report of Energy Sectors. We bridging the gap and mobilizes investment in Energy resources for Sustainable and reliable Energy supply.