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Power Grid

NUCLEAR METAL: THE WORLD'S LARGEST URANIUM PRODUCER FINDS ITS WAY IN AN AFRICAN COUNTRY.

Kazakhstan, recognized as the world’s leading uranium producer, has entered into a strategic cooperation agreement with Rwanda, allowing it to import beryllium a vital mineral widely used in nuclear energy.

  • 1 year, 2 months
Oil & Gas

UAE COMPLETES ACQUISITION OF UZBEKISTAN GAS POWER PLANT.

Two leading energy companies from the United Arab Emirates, Mubadala Investment Company and TAQA, have finalized the acquisition of a key gas-fired power plant in Uzbekistan.

  • 1 year, 2 months
Oil & Gas

SHELL BOOSTS STAKE IN NIGERIAN DEEPWATER AS TOTALENERGIES EXITS BONGA OILFIELD.

Shell has announced that it will acquire TotalEnergies’ 12.5% non-operated stake in the deepwater Bonga oilfield located offshore Nigeria.

  • 1 year, 2 months
Geothermal

TANZANIA, JAPAN SIGN SIX MoUs TO BOOST TRADE AND INVESTMENT.

Tanzania and Japan signed six MoUs to boost cooperation in key sectors including oil, gas, energy, and health. The agreements aim to strengthen investment ties and accelerate Tanzania’s economic growth.

  • 1 year, 2 months
Oil & Gas

UGANDA’S ‘FIRST OIL’ DREAM SHIFTS TO JUNE 2026.

Uganda has shifted its oil production timeline to June 2026 due to delays in key infrastructure like the refinery and crude oil pipeline. While field development is progressing, the refinery may not be ready by the time oil starts flowing, meaning crude exports will begin before local processing.

  • 1 year, 2 months
Oil & Gas

OIL PRICES SURGE $1 AS U.S. TARIFF RULING, RUSSIANS SANCTION FEARS AND SUPLLY DISRUPTIONS STIR MARKETS.

Oil markets saw a notable uptick as Brent and WTI crude prices jumped over $1 per barrel following a U.S. court decision to block most of Trump-era tariffs, easing global trade tension and boosting investor confidence. However, the market remains alert to looming risks, including possible new sanctions on Russian crude, Chevron’s exit from Venezuela, and wildfire-related supply disruptions in Canada. With OPEC+ considering a July output hike, all eyes are on how production dynamics and geopolitical tensions will shape oil’s next move.

  • 1 year, 2 months