Energy
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Algeria: Arkab Meets Omani Ambassador and Suhail Bahwan Representative
Mohamed Arkab, Algerian Minister of State and Minister of Energy, Mines, and Renewable Energies, met with Saif Rashid Al-Badaai, the…
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Nigeria death toll from fuel truck blast reaches 86
MAIDUGURI – The death toll from a fuel truck blast in Nigeria has reached 86, the director-general of the regional…
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German opposition leader vows to build 50 gas-fired power plants if elected amid energy crisis
BERLIN – Opposition leader Friedrich Merz, who is tipped to be Germany’s next chancellor, has vowed to build 50 gas-fired…
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The Trans-Alpine Pipeline : Czech Republic’s Bold Shift in Oil Strategy
Czechia, which previously sourced nearly half of its oil via the Druzhba pipeline from Russia, has announced its shift to…
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Nigerian SONIDEP to Receive Support from Sonatrach for Refinery and Petrochemical Complex Development
Algerian oil company Sonatrach Group and the Nigerien company SONIDEP have agreed to utilize Sonatrach’s expertise to assist with the…
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Nuclear Power Poised for Record Growth in 2025, But Key Challenges Remain
Nuclear power is on track to reach record electricity production levels in 2025, driven by strong demand and growing global…
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SINOPEC Plans to Expand Investments in Algeria’s Energy Sector
SINOPEC International Energy Investment, a Chinese oil company represented by its subsidiary Soogl-Algeria, has expressed a strong interest in enhancing…
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UK Faces Energy Crisis as Gas Reserves Run Low and Power Prices Skyrocket
The UK is grappling with a looming energy crisis, as gas reserves dwindle to “extremely low” levels and industrial electricity…
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Oil: Brent Crude Price Surpasses $80
Oil prices experienced a rebound on Wednesday, fueled by stronger-than-anticipated crude demand in the fourth quarter of 2024. Before noon,…
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EIA Revises 2025 Oil Price Forecast Amid Lower Global Inventories and OPEC+ Cuts
The US Energy Information Administration (EIA) has raised its 2025 crude oil price forecast due to lower global oil inventories…
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