Blog
SAUDI ARABIA'S BUDGET DEFICIT SOARS AMID OIL REVENUE SLUMP AND PRICE CRASH.
Saudi Arabia is facing mounting fiscal pressure as its budget deficit surged to $15.6 billion in Q1 2025—before the latest oil price crash even took hold. With oil revenues down sharply and borrowing on the rise, the Kingdom’s ambitious investment plans, like the futuristic Neom city, could be at risk. As global oil prices tumble and economic headwinds grow, discover how the world’s top crude exporter plans to navigate this critical financial turning point.
- 1 year
MASSIVE HYDROGEN PROJECT IN SOUTH AUSTRALIA POSTPONED.
The cost of generating electricity from renewable sources such as solar and wind in South Australia has declined significantly, with current prices under A$30 (US$19.35) per megawatt-hour.
- 1 year
$19 BILLION NUCLEAR POWER DEAL SEIZED BY SOUTH KOREA.
South Korea is on the brink of finalizing a landmark $19 billion nuclear power deal, which is expected to significantly enhance its global profile as an exporter of nuclear reactor technologies for peaceful use.
- 1 year
BIG OIL STAYS THE COURSE ON DIVIDENDS AND BUYBACKS DESPITE MARKET TURMOIL.
Despite a turbulent market and declining oil prices, the world’s biggest oil companies ExxonMobil, Shell and TotalEnergies have reaffirmed their commitment to shareholders by maintaining dividends and buybacks. While BP and Chevron dialed back share repurchases slightly for Q2, most firms exceeded Q1 earnings expectations and emphasized their resilience. With rising production and long-term, cost-cutting strategies, Big Oil is signaling strength and stability even as global uncertainty clouds the outlook for the rest of the year.
- 1 year
CREATING SOLAR PANELS THAT CONVERT CARBON DIOXIDE INTO FUEL.
Researchers have created a groundbreaking type of solar panel, dubbed an "artificial leaf," that uses only sunlight to convert carbon dioxide into liquid fuels and other high-value chemicals.
- 1 year
GULF STATES PLAN $6 BILLION IN AFRICA INVESTMENTS.
Gulf countries are making bold moves to transform Africa’s energy landscape with a $6 billion investment in oil and renewable projects. This game changing initiative promises to boost energy access, fuel economic growth, and deepen global partnerships discover how this strategic shift could reshape the future of energy across two continents.
- 1 year
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.