Namibia tees up more hydrogen MoUs, but one deal slips
Namibia has been unable to close its deal with Hyphen Hydrogen by the launch of the COP27, in Egypt, but there have been other successes in the field.
Ursula von der Leyen
EU proposes mandatory power-demand cut and tax on profits
The European Union is set to propose a mandatory target to cut power use -- a step toward rationing -- along with measures to funnel energy company profits to struggling consumers as it tries to stem the crisis.
Spain and Portugal reject EU plan to limit natural gas use
The European Union's plan to reduce the bloc's natural gas use by 15% to prepare for a potential cut-off by Russia this winter has received sharp scepticism from Spain and Portugal.
EU, Egypt near gas supply deal in shift away from Russia
The European Union and Egypt are set to sign a deal later this month on supplying the bloc with gas as the bloc seeks to slash its dependence on Russian supplies, according to a draft document.
EU plans ‘orderly’ Russian oil phase-out, targets Sberbank
The European Union plans to ban Russian crude oil over the next six months and refined fuels by the end of the year as part of a sixth round of sanctions to increase pressure on Vladimir Putin over his invasion of Ukraine.
US commits to additional LNG supplies for Europe
The US and its partners will send an additional 15 billion cubic metres of LNG to Europe this year, US President Joe Biden has said.
EU to slash Russian gas consumption in energy security move
The European Union can reduce its demand for Russian gas by two thirds before the end of 2022 and aims to eliminate this dependence entirely before 2030.
Eskom welcomes foreign transition funding
An international partnership will provide $8.5 billion over the next three to five years to support South Africa’s move to a low-carbon economy.