Brent oil futures dipped on Friday but held above $75 a barrel, remaining on track for weekly gains of more than 3% thanks to the slow recovery in output after two hurricanes in the U.S. Gulf of Mexico. Brent crude…
Continue ReadingEthiopia seeks to be a major player in the African arena through an ambitious plan to expand the field of renewable energy, and to export it to the Horn of Africa and East African countries on a large scale. The…
Continue ReadingHurricane Ida, which swept the US Gulf Coast, reduced the electrical load in the southern region of the independent Midcontinent network operator "MISO" at the end of last month. According to a report issued by the US Energy Information Administration,…
Continue ReadingAt a time when many countries in the world are moving to abandon coal-fired power plants, the Australian government is taking a step forward and another backward, amid the insistence of the Canberra government to stick to coal plants, in…
Continue ReadingThe International Energy Agency expects global oil demand to return to pre-Corona levels in 2022, but it has lowered demand estimates this year, while Hurricane Ida caused global supply to decline during August for the first time in 5 months.…
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