A leading Chinese company, Longi, has introduced a new line of dustproof solar panels, continuing its commitment to providing sustainable energy solutions.
Oil companies have announced a significant price rollback on diesel, gasoline, and kerosene, effective March 11, following a decrease in global oil prices. The Department of Energy also urged compliance with the LPG Industry Regulation Act (LIRA) to ensure safety and prevent penalties in the LPG sector.
Zanzibar President Hussein Ali Mwinyi has called on EAC member states to establish a regional petroleum fund to address financing challenges in the oil and gas sector, citing global activism and shifting priorities of traditional financiers as major obstacles. He emphasized the need for financial independence, regional cooperation, and infrastructure development to secure East Africa’s energy future.
Battery storage markets in Europe, particularly in Italy, Britain, and Germany, are currently attracting significant investor interest due to the size and potential of projects in these countries.
Gabon has recently made a significant oil discovery that is expected to increase its oil wealth as it is successfully developed and brought into production, according to the Washington-based Specialized Energy Platform’s oil and gas databases.
A significant milestone has been achieved in Romania’s Neptun Deep gas project, which is set to exploit recoverable reserves of 100 billion cubic meters beneath the Black Sea.