Latest News & Developments
energy industry
BRICS+ Series: How OPEC and BRICS are Shaping the Future of Global Energy Trade
The developing relationship between OPEC+ and BRICS is significantly reshaping the global energy landscape. The coinciding membership of energy giants like Saudi Arabia, Iran, and the UAE in both the blocs is an indicator of the rising influence of the Global South in energy governance, contesting the Western-dominated order and redefining global oil trade.
402 staff members join SANPC as it aims to lead South Africa's energy future
Discover how the South African National Petroleum Company (SANPC) is reshaping the energy sector by successfully transferring 402 employees from its subsidiaries, marking a significant milestone in its strategic vision.
Nersa's approval of Eskom tariff increases: How it affects South African consumers
South African consumers are set to face a significant electricity tariff hike from April 1, following the National Energy Regulator's approval of new Eskom rates.
Nersa approves Eskom tariff hikes: what this means for consumers
As NERSA approves significant electricity tariff increases for Eskom direct customers and municipalities, find out what this means for your pocket and the future of South Africa’s energy landscape.
Investors risk $2. 3 trillion of stranded fossil fuel assets
New analysis reveals fossil fuel assets worth R42 trillion could become economically unviable by 2030 as the world transitions to green energy. UK study warns of significant financial risks for investors, with South African implications in the global shift away from carbon-intensive industries.
Diepsloot business owners face crisis after Eskom removes illegal transformers
Backroom rental business owners in Diepsloot Extension 6 who were receiving power supply illegally from the now-removed transformers have expressed concerns about tenants leaving their rental rooms due to no electricity supply.
Bridging the climate finance gap: the power of country platforms
Explore how country platforms are reshaping the landscape of climate finance and development cooperation. Learn how these government-led initiatives are breaking down barriers to unlock crucial funding for climate action in developing nations, with a special focus on South Africa's Just Energy Transition Partnership.
Budget 2025 | Treasury aims to give R219. 2 billion boost to power a greener future
Treasury reveals plans for a massive R219. 2 billion investment in the green energy sector, promising transformation amid current power challenges. But unprecedented political disagreements have delayed the formal presentation of the 2025 Budget.
City Power suspends services in Alexandra after residents assault technician
City Power has suspended services in Alexandra after violent protests, including the assault of a technician, disrupted efforts to address ongoing power outages in the area.
China’s ‘Artificial Sun’ breaks world record, paves way for limitless energy
China's EAST reactor has made a significant breakthrough in nuclear fusion, sustaining plasmafor 1,066 seconds. The achievement brings the world closer to harnessing clean, unlimitedenergy.
How Aramco's Innovations Are Shaping Energy Security in BRICS Nations
Explore how Saudi Aramco's advanced oil production technologies are not only revolutionising the energy sector but also driving economic growth in BRICS nations, addressing their unique energy challenges.
Johannesburg faces darkness as City Power announces Stage 3 load shedding
Gauteng residents faces a return to darkness as City Power announces stage 3 load shedding will begin at 5 p. m. Friday, following Eskom's weekend power cuts.
Our actions are to force Eskom to abandon coal, says Groundwork
Groundwork, a South African environmental justice organisation, aims to compel Eskom and the government to prioritise renewable energy following a pivotal High Court ruling against new coal-fired power.
Ukraine's decision to halt Russian gas transit brings new challenges for European Union - Szijjarto
Hungary has not been affected by Ukraine's decision to discontinue Russian gas transit, but it creates new challenges for the entire European Union, Hungarian Foreign Minister Peter Szijjarto said.
Joe Biden issues major coastal protection before Donald Trump handover
US President Joe Biden on Monday banned offshore drilling across an immense area of coastal waters, weeks before Donald Trump takes office pledging to massively increase fossil fuel production.
Eskom achieves 272 days without load shedding, praised by Electricity Minister Ramokgopa
With Eskom continuing to struggle with power generation, Electricity and Energy Kgosientsho Ramokgopa commented on the power utility for reaching an achievement of 272 days of uninterrupted power supply, underscoring it as a major step towards ending load shedding.
Joburg City Power suspends load reduction until January 2025 due to low demand
As many residents have traveled away from Johannesburg, resulting in a decrease in electricity consumption across the City, power entity City Power said it would halt load reduction until the end of January, 2025.
Empower Women: How to Take South Africa’s Nuclear Industry to the Next Level
Women bring unique perspectives and skills that can help the nuclear industry navigate the challenges of the 21st century, from improving safety standards to advancing new technologies.
Spanish inflation picks up as fuel prices rise
The Bank of Spain forecasts inflation should remain close to 2. 0 percent despite possible ups and downs in the coming months.
Russian attacks leave one million Ukrainians without power
The incoming president has criticised US aid to Ukraine and boasted he could secure a ceasefire in hours -- comments that have triggered concern in Kyiv that the US could push it to cede land.
City Power warns non-vending customers: Upgrade your prepaid meters or else…
City Power‘s spokesperson Isaac Mangena has warned non-vending customers that failure to upgrade prepaid electricity meters could lead to the disconnection of power and penalty fees of more than R10,000.
ANCWL slams Eskom’s R12,000 meter replacement fee and demand deadline extension
While many have since called for Eskom to extend the deadline, Minister of Electricity and Energy Kgosientsho Ramokgopa said that an extension would not be possible due to technical reasons.
Electricity Minister Ramokgopa promises more staff in Soweto after man dies in queue in prepaid meters saga
Joburg City Power has also extended working hours to 7pm, vowing evening staff would also work to assist people over the weekend.
Joburg City Power extends office hours to 7pm to deal with prepaid meter upgrades
Joburg’s City Power has announced it will extend operating hours to 7pm in a bid to complete the upgrades of the 1,000 odd households who have not upgraded their prepaid meters.
COP29: Fossil fuel lobbyists outnumber Climate-vulnerable nations’ delegates
At COP29, fossil fuel interests dominate the scene, eclipsing voices from climate-vulnerable nations in urgent calls for action.