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Monthly Archives

October 2023

  • In the News

    Ghana and Russia Boost Nuclear Energy Cooperation

    by Victor Adetimilehin October 17, 2023
    by Victor Adetimilehin October 17, 2023

    Ghana is moving closer to its goal of adding nuclear energy to its power mix, as it deepens its cooperation with Russia’s state atomic energy corporation, ROSATOM. The two countries …

  • Oil & Gas

    African Oil, Gas Producers Unite to Curtail GHG Emissions

    by Adenike Adeodun October 17, 2023
    by Adenike Adeodun October 17, 2023

    Six African nations recently rallied in Senegal, uniting against climate change. They focused on slashing greenhouse gas emissions in their emerging oil and gas sectors. The Commonwealth Secretariat led the …

  • Oil & Gas

    Nigeria Tightens Petroleum Regulations, Seals Four Stations in Cross River

    by Oluwatosin Racheal Alabi October 17, 2023
    by Oluwatosin Racheal Alabi October 17, 2023

    The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) escalated its regulatory enforcement last Friday, shutting down four filling stations in Cross River State due to non-compliance and operational malpractices. …

  • Energy Transition

    Mozambique Mine Goes Green with Solar-Battery Hybrid System 

    by Motoni Olodun October 17, 2023
    by Motoni Olodun October 17, 2023

    A graphite mine in Mozambique has become one of the first in Africa to use a solar-battery hybrid system to power its operations. The Balama Graphite Mine, owned by Syrah …

  • In the NewsOil & Gas

    End Gas Flaring, Protect The Environment

    by Adenike Adeodun October 16, 2023
    by Adenike Adeodun October 16, 2023

    Nigeria’s Upstream Petroleum Regulatory Commission (NUPRC) recently celebrated the selection of 42 domestic oil and gas firms in a landmark step towards environmental responsibility and sustainability. These companies, winners in …

  • Energy Transition

    Indonesia Seeks China’s Support for Green Energy Projects at Belt and Road Forum 

    by Motoni Olodun October 16, 2023
    by Motoni Olodun October 16, 2023

    Indonesia is looking for China’s assistance in developing renewable energy and infrastructure projects to reduce its reliance on coal and achieve its net-zero emissions goal by 2060. President Joko Widodo …

  • In the News

    Russia to Build Nuclear Plant in Burkina Faso 

    by Victor Adetimilehin October 15, 2023
    by Victor Adetimilehin October 15, 2023

    Burkina Faso’s military junta has signed a deal with Russia to construct a nuclear power plant in the West African country. The agreement was reached after talks between Ibrahim Traore, …

  • MarketsOil & Gas

    Oil Prices Soar as US Sanctions Russian Crude Exports 

    by Motoni Olodun October 15, 2023
    by Motoni Olodun October 15, 2023

    Oil prices surged on Thursday, reaching their highest levels since 2014, as the US imposed sanctions on two shipping companies for violating a price cap on Russian crude exports. The …

  • In the NewsMarketsOil & Gas

    Shell Reports Major Leak at Bayelsa Flow Station

    by Adenike Adeodun October 14, 2023
    by Adenike Adeodun October 14, 2023

    The Shell Petroleum Development Company (SPDC) confirmed an October 3 oil spill at its Peremabiri flow station in Bayelsa State. This leakage has extensively damaged numerous farmlands and the marine …

  • Oil & Gas

    Oil Prices Rise Amid Middle East Tensions and Demand Worries

    by Victor Adetimilehin October 13, 2023
    by Victor Adetimilehin October 13, 2023

    Oil prices edged higher this week as the conflict between Israel and Hamas raised concerns about the stability of the Middle East, a major oil-producing region. However, the gains were …

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Nigeria’s Oil Boom: Record Production in September 2023

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Egypt Courts Global Energy Majors to Bolster Gas Future
South Africa Regulator’s R54 Billion Eskom Error Fuels Public...
ExxonMobil Enters Synthetic Graphite Market With Superior Graphite Deal

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