Afrigen Energy Invites Investors and Strategic Partners for Financing of 50 MW Private Solar PV Project
Representational image. Credit: Canva Afrigen Energy has launched an Expression of Interest (EOI) process to secure financing and strategic partnerships for the development of its 50 MW private solar photovoltaic…
Global Utilities and Manufacturers Unite to Strengthen Grid Supply Chains Amid Rising Electrification Demand
Global utilities and leading power sector equipment manufacturers have jointly announced a roadmap to strengthen electricity grid supply chains as the rapid transition toward clean energy places unprecedented pressure on…
Infinity Power Selects AIKO as Sole PV Module Supplier for Egypt’s 1.2 GW Nefer Menya Solar and 600 MWh Battery Storage Project
AIKO has been selected as the exclusive photovoltaic (PV) module supplier for Egypt’s Nefer Menya solar project, a 1.2 GWp utility-scale solar development being implemented by Infinity Power. The announcement…
Oil Prices Dive as More Tankers Move Through Strait of Hormuz
Aramco resumes Ras Tanura oil loadings after four-month halt Strait of Hormuz loadings at highest level since war began Overall traffic is still a small fraction of pre-war daily average…
AMERICAN ENERGY SNAPSHOT: America’s Strategic Petroleum Reserve
This week, API launched the — a roadmap for a stronger, more flexible energy system built on secure supply, modern infrastructure and resilience. One of its key recommendations is modernizing…
Magnolia Oil & Gas Is in Lead to Acquire WildFire for Over $4 Billion
By , , and Magnolia Oil & Gas Corp. has emerged as the front-runner to acquire closely held WildFire Energy for more than $4 billion in what would rank as…
US Natural Gas Drops on Cooler Outlooks as July Contract Expires
By US natural gas futures settled much lower in the final day of trading for the July contract as midday forecasts shifted to show cooler weather compared with overnight outlooks.…
US Energy Firms Add Most Rigs in a Week Since June 2022, Baker Hughes Says
(Reuters) – U.S. energy firms had the biggest weekly increase in rigs since June 2022, energy services firm Baker Hughes said in its report on Friday. The total oil and…
Chevron Eyes More Deals to Power US Data Centers
(Reuters) – Chevron is exploring additional data center deals across the U.S., including the Midwest, Rockies, and Gulf Coast, following its two-decade-long contract to power a Microsoft data center in…
US Diesel Refining Economics Remain Firm Despite Iran War Truce
(Reuters) – The U.S. diesel futures crack spread, a measure of profitability for refiners, hit a three-week high as analysts said supply tightness for the product is set to persist…
