The Julius Nyerere Hydropower Project in Tanzania is nearing completion, with the activation of its fifth turbine and the full operation of all nine turbines expected by mid-2025, generating over 2,100 megawatts of electricity. The project will not only meet domestic power demand but also position Tanzania as a regional energy hub, supporting economic growth and regional energy trade.
France's TotalEnergies announced that it will not pursue new investments in Adani Green Energy Limited (AGEL) until Indian billionaire Gautam Adani, the company’s principal owner, addresses allegations of corruption raised in the United States.
Russian fuel continues to reach European markets despite strict sanctions through the use of "shadow tankers" and alternative transshipment points.
Donald Trump's transition team is preparing an energy plan to boost oil and gas production, including approving new LNG export permits, expanding drilling on federal lands, and restarting the Keystone Pipeline. The plan also aims to roll back Biden-era climate regulations and replenish the Strategic Petroleum Reserve, prioritizing energy security and U.S. production.
Uganda and Tanzania are strengthening their economic partnership through the East African Crude Oil Pipeline (EACOP), with a focus on regional integration, job creation, and sustainable development in the oil and gas sector. The Uganda-Tanzania Oil and Gas Networking Forum highlighted the progress of the EACOP project, emphasizing capacity building, environmental protections, and increased employment opportunities for local communities.
QatarEnergy has acquired additional stakes in two offshore blocks in Namibia’s Orange Basin from TotalEnergies, increasing its ownership in these blocks to over 35 percent. This move strengthens QatarEnergy’s position in the region, which has seen significant oil discoveries, attracting major industry players.