Adenike Adeodun

IFC invests $25 million in solar energy solutions to bring affordable electricity to underserved sub-Saharan African communities, reducing energy poverty.

Peaceful power transitions in Mozambique promote unity, stability, and economic growth, ensuring a brighter future for all citizens.

COP29 negotiates $1 trillion annual climate funding for developing nations while political tensions and financial hesitations slow progress.

US refiners sustained $5.2 billion in shareholder returns during Q3, maintaining their commitment amid declining profits due to weak refining margins.

Ridgemar Energy seeks buyers for its Eagle Ford Basin assets, potentially valuing the U.S. oil producer at over $1 billion.

Exxon Mobil is selling its mature Permian Basin assets to Hilcorp Energy for $1 billion, as it shifts focus to high-yield shale properties.

African nations face unique challenges and opportunities in pursuing net-zero emissions, balancing economic growth with environmental sustainability.

More than a quarter of U.S. Gulf of Mexico oil production remains offline after storm Rafael, with ongoing disruptions affecting output and delaying recovery efforts.

Russia explores merging Rosneft, Gazprom Neft, and Lukoil, potentially forming the world’s second-largest oil producer and reshaping global energy markets.

Petrobras posts a 22 percent profit rise in Q3, declaring $3 billion in dividends. However, it faces challenges as oil production declines by 8.2 percent year-on-year.