Motoni Olodun

Exxon Mobil Corp. is close to sealing a deal to buy Pioneer Natural Resources Co., a leading shale oil producer, in what could be the biggest takeover of 2023, according …

South Africa’s state-owned power utility, Eskom, is facing a worsening financial and operational crisis as two of its biggest customers, the cities of Pretoria and Ekurhuleni, have failed to pay …

The Nigerian National Petroleum Company Limited (NNPC) has come under fire from industry operators for awarding contracts to rehabilitate the country’s pipelines to four companies, two of which are downstream …

The OPEC+ group of oil-producing countries has decided to maintain its current output reduction strategy until the end of the year despite the global market rout that has sent oil …

Abu Dhabi National Oil Company (ADNOC) and Occidental Petroleum (Oxy) have announced a strategic collaboration to develop the largest direct air capture (DAC) project outside the US. DAC is a …

According to a Reuters survey, Nigeria and Iran boosted their oil production in September, leading to a second consecutive monthly increase in OPEC’s output. The rise comes despite the ongoing …

South Africa has given TotalEnergies, a French energy company, the go-ahead to drill for oil and gas in a block off its southwest coast. The decision comes after an appeal …

South Africa has been facing a severe electricity crisis for years, with frequent and prolonged power cuts that have disrupted the economy and the lives of millions of people. The …

Morocco and the UK plan to link their renewable energy sources through a 3,800-kilometre subsea cable that could power more than seven million British homes by 2030. The ambitious project, …

Savannah Energy, a British independent energy company, is facing challenges in its bid to acquire oil and gas assets in South Sudan from Malaysia’s state-owned Petronas. The deal, worth up …