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In the News

  • In the NewsOil & Gas

    WEG Africa Delivers Substation E-House for Sasol’s Mozambique Project

    by Ikeoluwa Juliana Ogungbangbe August 21, 2024
    by Ikeoluwa Juliana Ogungbangbe August 21, 2024

    WEG Africa completes a durable substation E-house for Sasol’s Mozambique project, boosting energy production.

  • In the News

    Sasol Extends Gas Supply to 2027 as Bridge to LNG Imports

    by Motoni Olodun August 21, 2024
    by Motoni Olodun August 21, 2024

    Sasol extends gas supply from Mozambique’s fields to June 2027, using the period as a bridge to transition towards liquefied natural gas imports.

  • In the News

    Exxon, Chevron Face Off Over Hess Guyana Assets in Arbitration

    by Victor Adetimilehin August 21, 2024
    by Victor Adetimilehin August 21, 2024

    Exxon and Chevron clash in arbitration over Hess’s Guyana oil assets, with the valuation of these assets playing a key role in the $53 billion Chevron-Hess merger.

  • In the News

    Goldman Predicts Brent Oil Dip Amid Weak China Demand

    by Victor Adetimilehin August 21, 2024
    by Victor Adetimilehin August 21, 2024

    Goldman Sachs forecasts Brent crude prices could fall to $68 per barrel by 2025 due to weakened oil demand in China, as the country’s economic slowdown continues to impact global …

  • In the News

    AfriForum Seeks Nersa Refund for Consumers Over Unlawful Electricity Tariffs

    by Ikeoluwa Juliana Ogungbangbe August 20, 2024
    by Ikeoluwa Juliana Ogungbangbe August 20, 2024

    AfriForum demands refunds after a court finds municipal electricity tariffs unlawful, impacting millions of South African consumers.

  • In the News

    Africa Seeks Green Energy Investments to Meet Growing Power Demand

    by Adenike Adeodun August 20, 2024
    by Adenike Adeodun August 20, 2024

    Africa’s renewable energy potential is spotlighted as leaders gather in Namibia to attract crucial investments for sustainable power projects.

  • Energy TransitionIn the News

    Interest in Renewable Energy Surges with 133 GW Proposals

    by Motoni Olodun August 20, 2024
    by Motoni Olodun August 20, 2024

    Independent power producers propose 133 GW of renewable projects, marking a significant step in South Africa’s energy transition.

  • In the News

    Canadian Oil Exports Shielded from Rail Dispute by Pipeline Capacity

    by Victor Adetimilehin August 20, 2024
    by Victor Adetimilehin August 20, 2024

    Canada’s oil exports to the U.S. are likely to be shielded from a looming rail dispute due to excess pipeline capacity, including the expanded Trans Mountain pipeline.

  • In the News

    APA Corp Eyes $1 Billion Sale of Permian Basin Assets

    by Victor Adetimilehin August 20, 2024
    by Victor Adetimilehin August 20, 2024

    APA Corp is exploring a $1 billion sale of its Permian Basin assets to streamline operations and reduce debt, aligning with its strategic focus on shale production.

  • In the News

    Egypt Launches Low-Carbon Hydrogen Strategy to Power Economic Growth

    by Ikeoluwa Juliana Ogungbangbe August 19, 2024
    by Ikeoluwa Juliana Ogungbangbe August 19, 2024

    Egypt’s new low-carbon hydrogen strategy aims to boost GDP and energy security, creating over 100,000 jobs by 2040.

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  • Nigeria’s oil output climbs to 1.459 million bpd but still misses OPEC target
  • NNPC Remits N14.7 Trillion to Government, Posts N5.76 Trillion Profit in 2025
  • NNPC Warns of Temporary Gas Supply Cut to Power Plants
  • Femi Otedola Could Drop Below N1000/$ as Dangote hits full capacity
  • Dangote Refinery Cuts Petrol Price by N25, Bringing Gantry Rate to N774 per Litre

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Nigeria’s oil output climbs to 1.459 million bpd but still misses OPEC target
NNPC Remits N14.7 Trillion to Government, Posts N5.76 Trillion Profit in 2025

Latest Stories

Nigeria’s oil output climbs to 1.459 million bpd but...
NNPC Remits N14.7 Trillion to Government, Posts N5.76 Trillion...
NNPC Warns of Temporary Gas Supply Cut to Power...

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