At World Nuclear Symposium 50, the latest edition of World Nuclear Fuel Report: Global Scenarios for Demand and Supply Availability 2025-2040 was published.The report maintains the upward trend in nuclear generating capacity projections from the previous editions, as the positive momentum for nuclear power continues to grow. In addition to climate change mitigation and supporting...
Author: Energy Crossroad (Energy Crossroad)
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Tullow Oil Appoints Ian Perks as New CEO, Strengthens Commitment to African Operations
Tullow Oil has announced the appointment of Ian Perks as its new Chief Executive Officer, underscoring the company’s renewed focus on its African portfolio. Perks, who succeeds Rahul Dhir, assumes leadership at a pivotal time as Tullow seeks to consolidate its position as a leading independent energy producer in Africa. His appointment is expected to...
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US to build ‘historic’ 6,000-megawatt nuclear plant powering 4.5 million homes
The Tennessee Valley Authority (TVA) has entered into an agreement with ENTRA1 Energy to develop up to 6 gigawatts (GW) of new nuclear power. It involves the construction of six new nuclear plants across TVA’s seven-state service region. Each of these new facilities will be powered by 12 individual NuScale Power Modules (NPM). This collaboration...
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Africa Prosperity Network Congratulates Guyana’s President Irfaan Ali on Re-election
The Africa Prosperity Network (APN) has extended warm congratulations to President Irfaan Ali following his re-election as President of the Cooperative Republic of Guyana. In a statement issued by APN’s Executive Chairman, Gabby Asare Otchere-Darko, the organization commended President Ali for his resounding electoral victory, describing it as a clear affirmation of his One Guyana...
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Oil prices dip amid concerns on upcoming OPEC+ decision
Oil declined on concerns that OPEC+ will once again bolster supply at a meeting on Sunday, compounding fears of higher volumes later in the year.West Texas Intermediate futures fell about 1% to trade near $63 a barrel, extending an earlier decline after softer-than-expected U.S. jobs data added to concerns demand may wane. Prices slumped Wednesday...
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Petronas Brazil field draws interest from several potential bidders
(Bloomberg) – PRIO SA, Brava Energia and BW Energy Ltd are considering buying Petroliam Nasional Berhad’s stake in the Brazilian oil field Tartaruga Verde to expand in Latin America’s largest producing country, according to people familiar with the matter.The three companies are among those that have signed non-disclosure agreements as they weigh a possible bid,...
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Equatorial Guinea to launch 2026 upstream licensing round
Equatorial Guinea will launch its highly anticipated EG Ronda 2026 licensing round at this year’s African Energy Week (AEW) later this month. The licensing round forms part of the country’s broader strategy to revitalize its upstream sector, attract new investment and unlock exploration and production opportunities offshore.In preparation for EG Ronda 2026, the Ministry of...
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How Misuse of Electric Power Could Land You in Jail in Kenya
Illegally using or interfering with electricity through theft, unauthorised connections, tampering with meters or vandalising infrastructure is a criminal offence in Kenya that can cost you heavy fines, prosecution and even prison time. Courts in recent years have handed multi-year sentences and multi-million-shilling fines to people convicted of meter tampering, vandalism and running organised illegal-connection...
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APN sues organizers of upcoming Africa Oil Week to recover service fee of $300,000.00
Africa Prosperity Network (APN), organizers of the Africa Prosperity Dialogues (APD), have filed a lawsuit against Sankofa Advisory Group, owners and organizers of the Africa Oil Week (AOW) for the recovery of three hundred thousand United States Dollars ($300,000.00) covering the cost of services APN provided to AOW in 2024. Among claims filed in a...
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Russia says it will help China overtake the United States on nuclear power
Russia will help China overtake the United States as the world’s biggest producer of nuclear power, the chief of Russia’s Rosatom state nuclear corporation said in comments broadcast on state TV on Wednesday after talks in Beijing.The United States operates the world’s largest network of nuclear reactors, with nearly 97 gigawatts (GW) of installed capacity....