Peaceful power transitions in Mozambique promote unity, stability, and economic growth, ensuring a brighter future for all citizens.
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In the News
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Russia halts gas supplies to Austria over a pricing dispute, with redirected volumes snapped up by European buyers amid market strains and colder weather
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COP29 negotiates $1 trillion annual climate funding for developing nations while political tensions and financial hesitations slow progress.
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Russia stopped gas deliveries to Austria over a payment dispute as OMV offsets €230 million arbitration damages. EU energy shifts continue
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Orano warns of financial strain at Niger’s Somair uranium plant amid strained Franco-Niger relations and production challenges.
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Butane Energy, with NCDMB, launches a 180MT LPG plant in Kaduna to expand gas accessibility and support cleaner energy goals
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In the NewsOil & Gas
OPEC Disputes Nigeria’s Oil Production Figures as Energy Security Challenges Persist
Nigeria’s crude output discrepancy with official figures highlights production challenges, despite being OPEC’s top producer in Africa.
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The IEA predicts a surplus in global oil supply by 2025, driven by rising production from non-OPEC+ nations and slowing demand growth in China
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US refiners sustained $5.2 billion in shareholder returns during Q3, maintaining their commitment amid declining profits due to weak refining margins.
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NNPCL subsidiary NGML signs a gas supply agreement with Dangote Refinery to power production and support Nigeria’s industrial growth.