Tag: energy
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Sunoco Completes Cash-and-Stock Deal to Buy Parkland in $9.1B Transaction
Sunoco Closes $9.1 Billion Parkland Acquisition Sunoco LP has completed its long-anticipated acquisition of Parkland Corp., marking a significant consolidation in the North American energy sector. The deal, valued at about US$9.1 billion including assumed debt, was announced in May and officially closed on Friday, with Parkland’s shares set to be delisted from public markets…
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Faster Energy Access in Africa to Accelerate Growth
Overview Energy is the backbone of modern economies, and Africa’s growth trajectory hinges on reliable and affordable power. In recent remarks, Dr. Owen Omogiafo, President and Group Chief Executive Officer of Transcorp, underscored the urgent need to expand energy access across the continent. He warned that without a rapid scale-up in energy supply, Africa risks…
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Albanese’s salad days under the spectre of stagflation and rising bills
Introduction: A Prime Minister in an economy of mixed signals Prime Minister Anthony Albanese has spent much of his tenure juggling political wins with the stubborn realities of an economy grappling with slow growth and rising living costs. As he steps off ceremonial aircraft following a recent overseas trip, the public conversation returns to a…
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Botley solar farm community cash offer debated in Oxfordshire
Overview of the Botley solar farm proposal The proposed Botley solar farm in Oxfordshire, spanning roughly 1,000 hectares (2,471 acres), has stirred a heated debate about how benefits from the project should be distributed. Photovolt Development Partners (PVPD) has offered a community fund of £441,000 per year for nearby groups, to be paid over the…
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NGCP Restores Visayas Grid After 6.9 Earthquake: Key Transmission Lines Back Online
Overview: Visayas Grid Restored After Magnitude-6.9 Earthquake The National Grid Corporation of the Philippines (NGCP) reports that the Visayas transmission grid has returned to normal operations following a powerful magnitude-6.9 earthquake that struck Cebu province. After a series of intensive restoration efforts, the backbone and peripheral lines are now energized, supporting stable power supply across…
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WA Energy Debacle: Synergy Overcharging Sparks Governance Reform, Voices Rise on Industry-Wide Risk
Introduction: A $40 Million Toll from a Governance Gap A sweeping probe into Western Australia’s energy sector has spotlighted a serious governance lapse at the state’s biggest retailer, Synergy. The Economic Regulation Authority of WA (ERAWA) confirmed that customers were overcharged by about $40 million since 2009 due to a chain of administrative and governance…
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Salt-Doped Ice Generates Electricity via Flexoelectricity
Groundbreaking concept: turning ice into a power source Scientists from China and Spain have uncovered a surprising route to harvest electricity from one of the planet’s most ubiquitous substances: ice. By introducing salt into ice and then mechanically bending the material, the researchers demonstrated that the salt-doped ice can generate an electrical response. The finding,…



