Latest Stories

Petro Rio set acquire 90% of Albacora Leste

13 May 2022

Brazil’s Petro Rio is set to acquire a 90% share in the Albacora Leste field after striking a deal worth $1.951bn with the national oil company Petrobras.

Botswana begins coal exports through Maputo

13 May 2022

Botswana has exported its first trainload of coal via the port of Maputo in Mozambique as it aims to take advantage of high global coal prices.

IFC found to have broken ESG policies with coal investment in Philippines

12 May 2022

The IFC has found that it broke its own environmental and social policies by backing coal projects in the Philippines.

Siemens to wind down Russian operations

12 May 2022

Should Siemens indeed pull out of Russia for good, it is unclear whether alternatives to Siemens gas turbines will be provided by domestic players.

Eskom boss warns that only new capacity in South Africa can prevent load-shedding

12 May 2022

Eskom CEO André de Ruyter has warned that load-shedding is set to continue and as the state-owned utility struggles with a 6-GW supply gap.

Botswana plans to supply Europe with estimated 1mn tpy of coal

12 May 2022

Botswana plans to supply Europe with estimated 1mn tpy of coal.