Blog
EASTERN AFRICAN COUNTRIES TO BUY, SELL ELECTRICITY FROM EACH OTHER IN NEW PLAN.
The Eastern Africa Power Pool (EAPP) will launch a day-ahead market in early 2025, enabling Eastern African countries to buy and sell electricity across borders, improving efficiency and price transparency. This initiative aims to connect 600 million people to clean energy by 2030, while potentially lowering power tariffs and optimizing regional energy resources.
- 1 year, 5 months
DR. IBRAHIM AL-MUHANNA HIGHLIGHTS OIL MARKET OUTLOOK AND ENERGY TRANSITION STRATEGIES FOR 2025.
Dr. Ibrahim Al-Muhanna expressed optimism for the oil market in 2025, emphasizing OPEC’s role in maintaining stability. He highlighted the importance of reducing emissions while continuing to prioritize oil in meeting global energy demand.
- 1 year, 5 months
AFRICAN ENERGY CHAMBER (AEC) TO HOST JUST ENERGY TRANSITION MASTERCLASS AT SURINAME SYMPOSIUM IN JANUARY 2025.
The African Energy Chamber’s Executive Chairman, NJ Ayuk, will lead a Just Energy Transition Masterclass at the Suriname Awareness Symposium (SAS) in January 2025, focusing on strategies for balancing energy poverty reduction with greenhouse gas emission goals. SAS 2025 will bring together key stakeholders to discuss Suriname's growing energy sector, emphasizing investment, local content, and sustainable development to boost economic growth and empower local communities.
- 1 year, 5 months
BP SEEKS BUYERS FOR US NATURAL GAS PIPELINE SYSTEM STAKE.
BP is seeking buyers for a stake in its U.S. natural gas pipeline network, potentially raising up to $3 billion to reduce its growing debt. This sale is part of CEO Murray Auchincloss's strategy to improve the company's financial performance amid investor pressure and ongoing concerns about its energy transition plans.
- 1 year, 5 months
NANKABIRWA: UGANDANS IMMENSELY BENEFITING FROM OIL AND GAS SECTOR.
Uganda's oil and gas sector has significantly reduced unemployment, with 90% of its workforce being locals, including many from communities directly involved in the industry. Efforts to promote local participation include extensive training programs, joint ventures, and a focus on providing goods and services through Ugandan companies, contributing to the country's economic growth.
- 1 year, 5 months
ARAMCO, TOTALENERGIES, AND SIRC PARTNER ON SAF PRODUCTION IN SAUDI ARABIA.
Aramco, TotalEnergies, and SIRC have signed an agreement to develop a Sustainable Aviation Fuel (SAF) production unit in Saudi Arabia, using local residues like used cooking oil and animal fats. This collaboration supports Saudi Arabia's Vision 2030 and Green Initiative, aiming to reduce aviation emissions and promote a circular economy.
- 1 year, 5 months
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