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SOLAR ENERGY IN PALESTINE WITNESSING IMPORTANT DEVELOPMENT.
Solar energy in Palestine is making substantial strides towards achieving its renewable energy goals, positioning the country on track to meet its 2030 objectives.
- 1 year, 4 months
EUROPE-AFRICA HYDROGEN CORRIDOR SEES IMPORTANT ACTION WITH ALGERIA AND TUNISIA.
The Southern Hydrogen Corridor project, aimed at connecting North Africa with Europe, marked a significant milestone on Tuesday, January 21, 2025, with a key development that will accelerate the implementation of this ambitious initiative.
- 1 year, 4 months
INDIA UPS EFFORTS TO SEEK ALTERNATIVES TO RUSSIAN OIL.
India is seeking alternatives to Russian oil as new U.S. sanctions target tankers and entities transporting Russian crude, challenging its current supply chain. While Russia remains a key supplier, India is diversifying its imports by strengthening ties with Middle Eastern exporters and expanding its supplier base to ensure energy security.
- 1 year, 4 months
LIBYA PLANS TO INCREASE OIL, GAS PRODUCTION TO 2 MLN BARRELS PER DAY OVER NEXT 3 YEARS.
Libya's National Oil Corporation (NOC) plans to boost daily oil and gas production to two million barrels within three years, focusing on recovery, refining, and private sector collaboration. Despite political challenges, the NOC has already increased production to 1.41 million barrels per day, showcasing significant progress in the country's vital oil sector.
- 1 year, 4 months
TANZANIA:POWER GENERATION CAPACITY REACHES 3,091.71 MEGAWATTS - HON. KAPINGA
TANESCO connected 109,918 new customers to electricity between September and December 2024, bringing the total to 5,225,193, thanks to improved infrastructure and increased generation capacity from projects like JNHPP. The Parliamentary Energy Committee commended TANESCO for enhancing power production, transmission, and distribution systems nationwide.
- 1 year, 4 months
AFRICA OIL ANNOUNCES RESULTS OF SHARE BUYBACK PROGRAM.
Africa Oil Corp. announced the repurchase of 517,300 common shares between January 13 and January 17, 2025, as part of its ongoing share buyback program, bringing the total repurchased shares to 3,609,300 since December 2024. The program, which allows for up to 18,362,364 shares to be repurchased by December 2025, is aimed at optimizing the company’s capital structure and enhancing shareholder value.
- 1 year, 4 months
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.