Oilfield Service Companies Struggle Amid Industry Consolidation

The wave of mega-mergers in the U.S. oil and gas sector that began last year and…

Tesla and BYD Lead the Global Electric Vehicle Market

In the second quarter of 2024, Tesla’s gross margin reached a new low after consecutive quarterly…

Australia Bans Uranium Mining at Indigenous Site

Australia announced on Saturday a ban on mining at one of the world’s largest high-grade uranium…

Tharisa Secures Renewable Energy Deal for South African Mine Operations

This move aligns with a broader trend among South African mining companies, who are increasingly opting…

Standard Chartered Bank Expresses Interest in Financing Uganda’s Railway Project

The contract for the project was initially awarded to China Harbour and Engineering Company in 2015.…

French Company Geocean Awarded Contract for Congo LNG Gas Project

Just a few days ago, ABL, a company offering solutions focused on energy and sustainable development,…

Douala’s Bus Rapid Transit System Gets Green Light with Signed Decrees

If the project materializes, Douala will join the exclusive group of African cities equipped with a…

DP Energy Receives Green Light for North America’s Largest Urban Solar Project

DP Energy, an Irish developer specializing in large-scale renewable energy projects globally, has secured approval for…

Australia Greenlights New Offshore Gas Exploration Permits to Enhance Energy Transition

The Australian government has unveiled its plans to finalize new offshore exploration permits for natural gas,…

Umicore Takes €1.6 Billion Write-Down Due to Significant Drop in Electric Vehicle Sales

Belgian chemicals company Umicore has announced a substantial €1.6 billion write-down on its battery materials division,…

Greenely Secures €8M to Expand Energy Management Platform Across Europe

The energy transition is a long-term endeavor, requiring strategic steps and persistent efforts. Swedish startup Greenely…

Canada Repurposes Radium-226 from Thailand for Enhanced Cancer Treatment

Canadian Nuclear Laboratories (CNL) has received shipments of radium-226 sources, no longer in use, from the…