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KenGen's board named Ronoh Kibet, its commercial services chief, as next chief executive on Saturday 24 October; he succeeds Peter Njenga on 1 February 2027. The post KenGen Ronoh Kibet CEO Starts 1 Feb appeared first on The Rio Times.
Oliver Wyman Geostrategy Practice Leader Daniel Tannebaum tells Bloomberg This Weekend that the first Russian diesel shipment under President Donald Trump’s deal with Vladimir Putin raises legal and compliance questions while offering limited relief for US fuel prices. Speaking with hosts David Gura and Christina Ruffini, Tannebaum says private companies remain wary of doing business with Russia and warns that uncertainty over US sanctions and technology policy could push foreign governments and businesses toward alternatives to American suppliers. (Source: Bloomberg)
Tunisia's energy ministry let EXXOIL SA take all of the El Menzah oil concession, an order published on Friday, 23 October 2026. The post EXXOIL Gets 100% of Tunisia Oil Concession appeared first on The Rio Times.
Oil climbed on Friday, with Brent settling at US$116.72, up 3.1%, and WTI up 3.8%, lifting Petrobras, YPF and Ecopetrol in New York. The post Brent Crude Settles at US$116.72, Up 3.1% | Oil, Oct 23 appeared first on The Rio Times.
Tanzania's deputy energy minister met two Chinese firms on 23 October to discuss gas, oil and power, while a US$42 billion LNG project awaits signing. The post Tanzania Weighs Chinese Gas and Power Deals appeared first on The Rio Times.
Benin's Glo-Djigbé Industrial Zone announced on 21 October a plan for more than 225 MW of thermal and 300 MW of solar power, with its gas pipeline finished. The post Benin Zone Plans Thermal and Solar Plants appeared first on The Rio Times.
Vikas Kaushal, Chairman and Managing Director (CMD) informed the state-owned OMC is procuring more on landed basis than on FOB basis and term contracts
Indonesia’s warnings of curbing energy exports to countries it deems disrespectful amid regional tensions have put Singapore and other Southeast Asian buyers on notice, exposing the risks of relying on a neighbour increasingly protective of its resources. But analysts see little chance of Jakarta following through on the threat, given its own economic interests and the mutual benefits of regional energy cooperation, including the long-planned Asean Power Grid. On Thursday, Coordinating Minister...
Tokyo, Oct. 23 (Jiji Press)--Japanese Prime Minister Sanae Takaichi on Friday instructed industry minister Ryosei Akazawa to review government subsidies aimed at holding down the prices of gasoline and other fuel oil. In talks with reporters at the prime minister's office earlier in the day, Takaichi noted that some in both the ruling and opposition blocs have urged the government to consid...
US Secretary of State Marco Rubio pushed a business and energy agenda over diplomacy on his second trip to India this year.
Dr. Fatih Birol, Executive Director of the IEA, warns that energy is becoming a geopolitical weapon.
Plus, Barclays announces a £500 million share buyback
Tokyo, Oct. 22 (Jiji Press)--The Japanese government is considering providing subsidies to lower electricity and city gas costs in the first quarter of 2027, when heating demand rises, as energy prices remain elevated because of the war in the Middle East, people familiar with the matter said Wednesday. The government provided some about 7,000 yen in electricity and gas subsidies to an aver...
China’s industrial heartland of Guangdong is being forced to turn back to costlier natural gas to meet rising electricity demand, after the El Niño weather pattern curtailed hydropower and wind output.
APA Group reached a final investment decision on a natural gas pipeline between Queensland and New South Wales states, which could help alleviate projected shortfalls in the more heavily populated southeast of Australia.
Equity Bank Uganda and the energy ministry launched a green hospitality plan on 20 October, with loans for solar power and efficient cooling in hotels. The post Equity Bank Uganda Backs Green Hotels 20 Oct appeared first on The Rio Times.
Bloomberg's Mark Chediak joins Dani Burger on "Bloomberg Deals." Virginia Governor Abigail Spanberger won’t support NextEra Energy’s $67 billion Dominion Energy takeover without a six-year freeze on residential power rates, raising the bar for a utility mega-deal that’s facing increasing skepticism. (Source: Bloomberg)
French president meets Mohammed bin Salman in Riyadh to discuss energy, security, and infrastructure.
Botswana's energy regulator said on Monday 19 October that a bill creating power trading and private transmission lines goes to Parliament in November. The post Botswana Power Trading Plan, Imports at 35% appeared first on The Rio Times.
Liberia hosts its first international mining and energy conference on 28 and 29 October, with iron ore, gold and power projects worth over US$3 billion. The post Liberia Mining Conference Starts 28 October appeared first on The Rio Times.
Oil steadied after a choppy session on Tuesday that saw traders parse conflicting headlines on efforts to end the US-Iran war.
President Macron's Gulf visit aims to address rising energy prices and strengthen ties amid regional security concerns.
Genie Godula is pleased to welcome François Gouyette, former French ambassador to the UAE and Saudi Arabia. Against a backdrop of violent unrest at home and escalating conflict in the Middle East, French President Emmanuel Macron's Gulf diplomacy underscores the increasingly blurred boundaries between domestic economic security and international strategic commitments. Ambassador Gouyette argues that the visit serves a dual purpose: alleviating France's energy pressures while reaffirming its longstanding defense partnerships with Gulf monarchies. Insisting that "France has to play its role as a key partner," Gouyette portrays French military assistance as an expression of strategic solidarity rather than direct participation in the war with Iran.
French President Emmanuel Macron has secured the delivery of an additional 200,000 tonnes of diesel per month from the United Arab Emirates and Bahrain, the French presidency said on Tuesday. Macron is undertaking a tour of key energy suppliers in the Gulf in an effort to secure oil and diesel and bring down prices in France, after a weekend of violent protests over soaring living costs. FRANCE 24'S Tarek Kaï reports from Doha, Qatar.
Halliburton Co. is predicting years of growing demand for oil field services as nations in the Middle East rebuild energy assets and infrastructure damaged in the Iran war.
The U.S. Secretary of State also said that India and U.S. are ‘very very close’ to finalising the trade deal