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Power Grid

TURKEY TO POWER UP ELECTRICITY STORAGE.

Turkey is set to accelerate the deployment of new electricity storage capacity as part of efforts to strengthen domestic energy security and respond to rising power demand from its rapidly expanding technology sector.

  • 7 months, 2 weeks
Power Grid

NAMIBIA LAUNCHES NATIONAL ENERGY COMPACT.

Namibia is making steady progress toward Mission 300 a global initiative led by the World Bank Group and the African Development Bank following the official launch of its National Energy Compact.

  • 7 months, 2 weeks
Oil & Gas

OMAN STEPS UP DRIVE FOR RENEWABLE ENERGY.

Oman’s Sultan Haitham bin Tariq has emphasized the need to prioritize renewable energy as a cornerstone of the country’s economic diversification strategy.

  • 7 months, 2 weeks
Oil & Gas

US OIL DRILLERS SEE INCREASED ACTIVITY.

The total number of active oil and gas drilling rigs in the United States increased by three this week, according to Baker Hughes data released on Tuesday.

  • 7 months, 3 weeks
Oil & Gas

NTORYA PARTNERS ADVANCING TANZANIA NATURAL GAS PROJECT.

The Ntorya gas project is progressing steadily, with pipeline construction, drilling preparations, and field development activities aligned toward production by 2026. Significant gas reserves and ongoing infrastructure investments position the project as an important contributor to Tanzania’s natural gas sector.

  • 7 months, 3 weeks
Oil & Gas

CHINA OVERTAKES OPEC+ AS THE WORLD’S MAIN OIL PRICE MAKER.

China has quietly emerged as the most powerful force shaping global oil prices, overtaking traditional producers such as OPEC+. Rather than adjusting output, Beijing has used its position as the world’s largest crude importer to influence prices by ramping oil purchases into storage when prices fall and cutting back when prices rise. As OPEC+ holds production steady amid fears of an oil glut, markets are increasingly looking to China’s stockpiling behavior as the key factor determining where crude prices settle in 2026 and beyond.

  • 7 months, 3 weeks