ENERGY & COMMODITIES>Page 3

South Africa and the other members of the G20 Environment Ministers issued a final communiqué following their meeting in Italy, but they’ve failed to come to terms on a global coal phaseout. The meeting, which in some respects signals what to expect ahead of the COP26 climate meeting in Scotland…

Egypt plans to expand the southern part of the Suez Canal, where the MV Ever Given captured global attention after getting stuck for nearly a week and shutting down the key marine shipping route. Osama Rabie, head of the Suez Canal Authority, made the announcement Tuesday during events attended by…

Morocco and Kenya are leading the way on Africa’s clean energy transition, but more progress is needed as two-thirds of the continent’s expanding power generation is still supported by fossil fuels. That’s according to a new Global Electricity Review released by campaigners with the British NGO Ember. At 16 percent,…

French oil major Total says it has backed out of its US$20 billion LNG project in Mozambique, just days ahead of an expected decision on military intervention in the southern African nation. “Considering the evolution of the security situation in the north of the Cabo Delgado province in Mozambique, Total…

The British government’s investment in developing liquified natural gas (LNG) projects in Mozambique – projects contributing to the conflict and instability in the country’s north – is headed for judicial review following a successful legal filing from the Friends of the Earth. The London-based NGO says the decision to approve…

President Emmerson Mnangagwa of Zimbabwe signaled that regional military support for Mozambique may be on the way in its fight against Islamic State-aligned extremists in the Cabo Delgado region. Mnangagwa made the comment while talking with reporters following Thursday’s Southern African Development Community (SADC) meeting, called to elevate the urgency…

The massive container ship that blocked the Suez Canal to shipping traffic for nearly a week is free and the first southbound convoy of ships began moving on Monday. Osama Rabie, head of the Suez Canal Authority (SCA), said  the MV Ever Given was refloated by using tugboats to strategically…

There are now at least 327 vessels waiting to transit through the Suez Canal in Egypt, as Saturday’s efforts to move the grounded MV Ever Given proved unsuccessful in an operation experts say now may take days if not weeks. “Unfortunately, the tidal conditions didn’t help re-floating Ever Given tonight,”…

There are now at least 237 vessels waiting to transit through the Suez Canal in Egypt, as Thursday’s efforts to move the grounded MV Ever Given proved unsuccessful in an operation experts say now may take days if not weeks. “Despite continuous and tireless efforts from the Suez Canal authority…

Authorities in Egypt say they’ve been able to partially remove the container ship that’s blocked the Suez Canal for a second day, creating a bottleneck for dozens of other vessels and upsetting maritime traffic. An update from port manager GAC, issued at noon local time, said the grounded MV Ever…

A container ship traveling through the Suez Canal got stuck on Tuesday, blocking traffic through the critical route and creating a bottleneck for dozens of other vessels. The Panamanian-flagged ship, operated by the Evergreen Line, appeared to be heading from the Chinese port of Ningbo to Rotterdam, with other stops…

Angola, Equatorial Guinea and South Sudan are among nations forecast to see 40 percent or more in lost revenues as the world moves away from fossil fuels, according to a report released Thursday by Carbon Tracker. They’re among the most vulnerable of 40 nations studied, with economies that rely on…