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Power Grid

WORLD BANK GROUP GRANT FOR BIGGEST PROJECT IN MALAWI’S POWER PIPELINE.

The World Bank has approved a substantial $350 million grant to support Malawi's Mpatamanga Hydropower Storage Project (MHSP), marking a significant milestone in the nation's energy sector.

  • 1 year
Oil & Gas

BOOSTING OIL PRODUCTION WITH NEW DIGITALLY SUPPORTED TECHNOLOGY.

SLB has launched a cutting-edge, digitally enabled well completion technology known as Electris, aimed at enhancing oil production while lowering the overall cost of asset ownership.

  • 1 year
Oil & Gas

SAUDI ARAMCO USES 10 EGYPTIAN DRILLING RIGS.

As part of its strategy to boost domestic oil and gas production, Saudi Aramco has contracted 10 drilling rigs from the Egyptian Drilling Company (EDC), reinforcing the energy cooperation between Saudi Arabia and Egypt.

  • 1 year
Oil & Gas

EPRA MAINTAINS FUEL PRICES DESPITE DROP IN SHIPMENT COSTS.

EPRA has maintained fuel prices for the period between May 15 and June 14, 2025, despite a noticeable drop in the global shipment costs of petrol, diesel, and kerosene. The authority cites existing tax laws and inflation-adjusted levies as key reasons for keeping pump prices unchanged.

  • 1 year
Oil & Gas

TOTALENERGIES FACES LEGAL CHALLENGES OVER UGANDA OIL PROJECTS.

TotalEnergies is currently under legal scrutiny in France for alleged environmental and human rights violations linked to its Uganda oil projects. The case could set a major precedent for holding multinational corporations accountable for their overseas operations.

  • 1 year
Oil & Gas

FIRST LNG SHIP BUNKERING HUB IN US GULF COAST SECURES PERMITS TO START WORK.

The United States is taking a major step toward cleaner marine energy with the approval of its first dedicated LNG (liquefied natural gas) bunkering hub on the Gulf Coast. This landmark project, developed by a joint venture between Houston-based Pilot LNG and Seapath (a subsidiary of the Libra Group), has received final permits from the U.S. Army Corps of Engineers and the Coast Guard, clearing the way for construction to begin later this year. Located along the Texas City Ship Channel, the Galveston LNG Bunker Port (GLBP) is poised to supply LNG fuel to the growing fleet of LNG-powered vessels operating in the Houston-Galveston maritime region. As the global shipping industry seeks cleaner alternatives to traditional fuels, this $300 million facility will not only support the U.S. push for lower emissions but also position the country as a leader in LNG marine fuel supply. The hub, expected to begin bunker deliveries by late 2027, marks a significant leap in America’s commitment to sustainable energy and maritime innovation.

  • 1 year