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In the News

  • In the News

    U.S. Crude Inventories Fall to Lowest Level in a Year

    by Victor Adetimilehin September 19, 2024
    by Victor Adetimilehin September 19, 2024

    U.S. crude inventories hit their lowest level in a year, while fuel stocks saw a modest increase, according to the Energy Information Administration’s latest report, triggering market reactions and raising …

  • In the NewsOil & Gas

    South Sudan, Sudan Near Oil Export Resumption After Conflict Halt

    by Ikeoluwa Juliana Ogungbangbe September 18, 2024
    by Ikeoluwa Juliana Ogungbangbe September 18, 2024

    KEY POINTS South Sudan and Sudan have made progress towards restarting the pumping of South Sudan’s crude oil through a pipeline running to a port in its neighbour, South Sudan’s …

  • In the News

    Flux Offers Africa’s First Carbon Dioxide Removal Credits with Basalt

    by Adenike Adeodun September 18, 2024
    by Adenike Adeodun September 18, 2024

    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.

  • In the News

    Chevron CEO Criticizes Biden’s Natural Gas Policies, Calls Fuel Key for AI

    by Victor Adetimilehin September 18, 2024
    by Victor Adetimilehin September 18, 2024

    Chevron CEO Michael Wirth criticized U.S. President Joe Biden’s natural gas policies at the Gastech conference, emphasizing the importance of natural gas in reducing emissions and powering AI.

  • In the News

    NNPCL Releases Updated Breakdown of Petrol Pricing from Dangote Refinery  

    by Adenike Adeodun September 17, 2024
    by Adenike Adeodun September 17, 2024

    NNPCL releases an updated petrol price breakdown for September 2024, confirming US dollar payments to Dangote Refinery, with Naira transactions starting on October 1st.

  • In the News

    Makueni Hospital Saves Millions with New Solar Power System

    by Ikeoluwa Juliana Ogungbangbe September 17, 2024
    by Ikeoluwa Juliana Ogungbangbe September 17, 2024

    Makueni County Referral Hospital has installed a solar PV system, reducing monthly energy costs by Ksh 700,000 and ensuring reliable power for patient care

  • In the News

    ARA Petroleum Secures 25-Year License to Develop Ntorya Gas Field

    by Motoni Olodun September 17, 2024
    by Motoni Olodun September 17, 2024

    ARA Petroleum secures a 25-year development license for the Ntorya gas field in Tanzania, aiming to boost natural gas production and support the country’s energy needs.

  • In the News

    Woodside Energy Eyes Key Partnerships for Driftwood LNG Expansion  

    by Victor Adetimilehin September 17, 2024
    by Victor Adetimilehin September 17, 2024

    Woodside Energy seeks U.S. partners for its Driftwood LNG project to secure supply and increase revenue, aiming to finalize partnerships by early 2025.  

  • In the News

    Transparent Solar Glass Unveiled in South Africa to Power Building Facades

    by Motoni Olodun September 16, 2024
    by Motoni Olodun September 16, 2024

    South Africa unveils transparent solar glass technology to generate power from building facades, boosting energy efficiency and sustainability in urban areas.

  • In the News

    Eskom and Maluti-a-Phofung Partnership Aims to Restore Power Stability

    by Ikeoluwa Juliana Ogungbangbe September 16, 2024
    by Ikeoluwa Juliana Ogungbangbe September 16, 2024

    Eskom’s partnership with Maluti-a-Phofung Municipality aims to restore financial and technical stability through a 15-year agreement focused on revenue collection and staff training

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  • Dangote Refinery Cuts Petrol Price by N25, Bringing Gantry Rate to N774 per Litre
  • Nigerian Oil & Gas Sector Surges 31% in 2026
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  • Conoil Records Lowest Profit in Five Years Amid Rising Debt and Borrowing Costs
  • Aiteo Breaks New Ground in Libya as Benedict Peters Expands African Energy Footprint

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Nigeria’s Oil Boom: Record Production in September 2023

Dangote Refinery Cuts Petrol Price by N25, Bringing Gantry Rate to N774 per Litre
Nigerian Oil & Gas Sector Surges 31% in 2026

Latest Stories

Dangote Refinery Cuts Petrol Price by N25, Bringing Gantry...
Nigerian Oil & Gas Sector Surges 31% in 2026
Nigeria’s Oil Price Slides Below $69 Amid Rising US-Iran...

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