Namibia must accelerate legal and institutional reforms to turn its recent oil and gas discoveries into lasting economic benefits, SNC Managing Partner and President of the Association of International Energy Negotiators (AIEN), Shakwa Nyambe, told delegates at the third Namibia Oil and Gas Conference in Windhoek.Delivering a presentation titled Industry Leaders’ Insights under the theme...
Day: August 16, 2025
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Bill Gates’ $500M Hydrogen-Powered Superyacht Redefines Luxury and Sustainability
Bill Gates’ latest superyacht, Breakthrough, is more than a billionaire’s playground it is a bold statement in clean-energy innovation at sea. Valued at over $500 million, the 118.8-meter vessel runs on liquid hydrogen stored at –423°F, enabling silent, emission-free cruising while generating enough power to run 30 of the Microsoft co-founder’s 66,000-square-foot mansions simultaneously. Built...
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Republicans who backed Trump’s anti-environment bill have accepted over $105m from big oil
The Republican lawmakers who voted for Donald Trump’s anti-environment tax and spending bill have accepted more than $105m in political donations from the fossil fuel industry, a new analysis has found, raising concerns about their relationship with big oil.Signed into law last month, the One Big Beautiful Bill Act includes billions of dollars in giveaways...
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World Bank Warns ECG Debt Could Hit $9bn by 2026, Threatening Ghana’s Fiscal Stability
Ghana’s fiscal stability faces heightened pressure, with the World Bank warning that the Electricity Company of Ghana’s (ECG) debt could surge to $9 billion by 2026 if operational inefficiencies are not urgently addressed. World Bank Country Director Robert Taliercio emphasized that ECG’s current debt already exceeds the combined annual financial assistance Ghana receives from both...