Falling oil prices threaten major oil companies’ ability to maintain shareholder payouts. Firms may need to borrow or cut share buybacks in response to declining profits.
Adenike Adeodun

Adenike Adeodun
Adeodun Adenike Dorcas boasts over four years of extensive experience in human capital management. Her diverse expertise encompasses areas like writing, strategic project management, and visionary leadership. Committed to elevating Africa's talent landscape, Adeodun holds a fervent belief in the intrinsic potential of every individual. She is dedicated to ensuring they are equipped with the essential tools and knowledge for their professional ascent. By aligning people's skills and aspirations with organizational goals, she aims to transform workspaces into centers of innovation and excellence.
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The FTC has cleared Chevron’s $53 billion acquisition of Hess Corp but has barred Hess CEO John Hess from joining the board, citing potential alignment with OPEC policies that could …
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Energy poverty affects over 600 million Africans, leaving families without electricity and limiting opportunities for education, healthcare, and economic growth. Renewable energy offers hope.
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Eskom’s project in Mpumalanga reduces household emissions by replacing coal stoves with electric and gas alternatives, improving air quality and upgrading homes.
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Nigeria’s transition to electric vehicles offers a chance for economic growth, reduced emissions, and infrastructure development. Clear policies and local production are essential.
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Sasol and Eskom signed an MoU to explore LNG imports to replace declining gas supplies from Mozambique by 2027, with plans to anchor demand via gas-to-power generation.
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Kenya’s $1.3 billion power transmission line project faces delays, as Ketraco confirms ongoing negotiations with Africa50 and Adani Energy Solutions without signed contracts yet.
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ACEP criticizes ECG for exchange rate manipulation, causing substantial financial losses and urging urgent reforms to stabilize Ghana’s electricity sector.
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A UNDP-backed report urges better media utilization to raise awareness and address concerns about the Just Energy Transition in South Africa’s coal communities.
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Flux has launched Africa’s first carbon dioxide removal credits using basalt to absorb CO2. The initiative expands to Nigeria and Cameroon, improving soil and reducing emissions.