
EU, Namibia Form Strategic Partnership on COP27 Sidelines
During this year’s COP27, the European Union signed a memorandum of understanding with Namibia that will see the parties form a strategic partnership.
Read the latest Archives of oil, gas and energy news.
During this year’s COP27, the European Union signed a memorandum of understanding with Namibia that will see the parties form a strategic partnership.
The additional funding follows the $8.5 billion previously pledged by the U.K., U.S. Germany, France and the European Union during COP26.
To reduce the dependence on Russian energy, the European Union has partnered with Egypt and Israel for natural gas supply.
Global crude oil prices hit US$139.13 on early Monday, a 10% or US$20 increase from Friday’s price, as the market feared a possible ban of Russian crude oil by the US and European Union.
European Union (EU) Commission President Ursula von der Leyen addressed Africa’s role in inclusive, green and digital transformation during the 6th EU – African Union Summit last week.
German technology and engineering company Neuman & Esser will join the Invest in African Energy Forum to share expertise on gas recovery and commercialization, highlighting its role in supporting Africa’s energy transition.
The pipeline will link the Aphrodite gas field in Cyprus to an onshore facility in Egypt.
As Africa expands its regional corridors with major rail and port projects, African Mining Week 2025 in Cape Town will showcase the critical role of infrastructure in unlocking mining potential and driving industry investment.
African Mining Week 2025 explores key market trends in mineral exploration and production, value addition, local content development and critical mineral opportunities across its three-day program.
Africa’s renewable energy capacity grew by 6.7% in 2024, led by Egypt, Ethiopia and South Africa, as global renewable expansion hit a record 585 GW, driven by solar and wind power.