Energy

Falling Oil Prices Undermine Kremlin Budget as Trump’s Tariff War Fuels Global Economic Fears

Oil prices have dropped significantly due to rising fears of a global recession, triggered by intensifying trade tensions between the…

Oil Falls for Second Day on Weak Demand Outlook

Global oil prices dropped on Tuesday, January 7, extending a two day decline after last week’s rally. Analysts linked the…

Ukraine Launches Regional Energy Independence Passports

(Kyiv) – The Ukrainian government has introduced energy independence passports for each region to enhance distributed power generation and improve…

Russia’s Energy Dominance in Europe Ends With A Historic Gas Cutoff

(Brussels) - On January 1, 2025, the flow of Russian gas through Soviet-era pipelines running through Ukraine came to an…

Gas Supply Cut Leaves Russian Occupied Transnistria Without Heat and Hot Water

(Moldova) - Starting from January 1, 2025, residents of Transnistria will no longer have access to heating and hot water,…

Over 47,000 Ugandans Employed in Oil and Gas Sector

(Kampala) - The Ministry of Energy has revealed that as of June 2024, a total of 47,682 Ugandans are employed…

Heavy Fines, Jail Terms for Power Line Offenders

(Kampala) - Several individuals involved in vandalizing power lines and possessing stolen electric materials have been sentenced in a government…