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TANZANIA TARGETS 80PC CLEAN COOKING ACCESS IN 10 YEARS.
The Tanzanian government has launched a decade-long initiative to ensure that 80% of its population gains access to clean cooking energy by distributing subsidised gas cylinders and expanding piped gas infrastructure. The plan aims to reduce dependence on charcoal and firewood, improve health outcomes, and promote sustainable energy use across the country.
- 1 year
TAIWAN TO BUILD ESWATINI STRATEGIC OIL RESERVE FACILITY.
Taiwan’s state-owned Overseas Investment and Development Corporation is to start construction of an oil storage facility in the Lubombo region.
- 1 year
NIGERIA: NEW NNPC BOSS OJULARI RESHUFFLES DOWNSTREAM LEADERSHIP.
Appointed in April to lead the Nigerian National Petroleum Company (NNPC), Africa’s largest oil firm, Bashir Bayo Ojulari has set to work to reform the state-owned giant.
- 1 year
UNIPER SELLS HYDROPOWER OUTPUT THROUGH 2027 AS PART OF HEDGING STRATEGY.
German utility Uniper has announced the sale of significant portions of its future hydropower output as part of a hedging strategy to manage price volatility and secure favorable production prices. For 2026, Uniper sold 30% of its German hydropower output at an average price of 86 euros per megawatt hour (MWh), and 5% of its 2027 output at 80 euros/MWh, slightly below the current wholesale market rates. This hedging approach helps the company mitigate unpredictable market fluctuations caused by varying fuel prices and weather patterns. Additionally, Uniper has sold 80% of its 2025 German hydropower at 121 euros/MWh, reflecting a significant price increase from previous years. In the Nordic region, the company sold 40% of its 2026 nuclear and hydropower output and 25% of its 2027 output at an average price of 38 euros. Compared to sector peer Vattenfall, which secured slightly higher prices for similar future outputs, Uniper’s strategy demonstrates a proactive effort to stabilize its energy revenue. While this announcement focuses on hydropower and nuclear energy, Uniper also operates other generation assets like coal, gas, wind, and solar across Europe.
- 1 year
EU ROADMAP TO FULLY ELIMINATE DEPENDECY ON RUSSIAN ENERGY AND SECURE A SUSTAINABLE FUTURE.
The European Union is taking decisive action to end its dependence on Russian energy sources through a comprehensive and strategic roadmap. The EU aims to completely phase out Russian oil, gas, and nuclear energy by 2027, ensuring a stable and secure energy future. This transition, part of the Repower EU Plan, focuses on diversifying energy supplies, improving energy transparency, and accelerating the shift to clean energy. By the end of 2025, EU countries will develop national plans to contribute to eliminating Russian energy imports, enhancing security and market stability across the region. The roadmap also addresses issues like Russia’s ‘shadow fleet’ in the oil sector and restrictions on nuclear materials from Russia. This ambitious plan not only reduces security risks but also supports the EU’s economic growth and decarbonization goals. With new legislative proposals coming soon, the EU is setting a clear path towards a cleaner, independent, and more resilient energy system.
- 1 year
WOODSIDE'S $30 BILLION BROWSE GAS PROJECT FACES RENEWED ENVIRONMENTAL SCRUTINY AMID REVISED PLANS.
Woodside Energy’s massive $30 billion Browse gas project off the coast of Western Australia is once again under the spotlight as environmental regulators revisit its approval process. With fresh concerns raised over marine life protection and ecological risks, the Western Australia Environmental Protection Authority has reopened public consultations, signaling possible hurdles for the country’s largest untapped gas field. As environmental groups push back against the project, citing potential threats to turtle habitats and climate impact, the outcome could shape the future of Australia’s gas industry and its global reputation. This story reveals the growing tension between economic interests and environmental responsibility.
- 1 year
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