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In the News

  • In the News

    Chevron Agrees to $550 Million Settlement With Richmond, California

    by Victor Adetimilehin August 16, 2024
    by Victor Adetimilehin August 16, 2024

    Chevron agrees to a $550 million settlement with Richmond, California, avoiding a proposed tax on its refinery and securing a decade-long financial commitment to the city.

  • In the News

    Rising Electricity Costs Widen the Divide in South Africa’s Cities

    by Ikeoluwa Juliana Ogungbangbe August 15, 2024
    by Ikeoluwa Juliana Ogungbangbe August 15, 2024

    Rising electricity costs in South Africa deepen the divide, leaving the poorest to bear the brunt of the energy crisis.

  • In the News

    South Africa’s Necom 2.0: Tackling Nationwide Energy Crisis Beyond Eskom

    by Adenike Adeodun August 15, 2024
    by Adenike Adeodun August 15, 2024

    South Africa’s Necom 2.0 aims to fix electricity issues, focusing on affordability, reliability, and long-term energy solutions.

  • In the News

    Saudi Firm Unveils Plan for Hydrogen-Powered Skyscraper in Egypt

    by Motoni Olodun August 15, 2024
    by Motoni Olodun August 15, 2024

    A Saudi firm is set to construct a hydrogen-powered skyscraper in Egypt’s new administrative capital, aiming to lead the way in sustainable urban development and green energy.

  • In the News

    Texas Regulator Faces Heat as Zombie Wells Leak Again

    by Victor Adetimilehin August 15, 2024
    by Victor Adetimilehin August 15, 2024

    The Texas Railroad Commission faces increased scrutiny as reactivated “zombie wells” leak toxic substances, highlighting the regulatory failures amid the Permian Basin drilling boom. Environmental and safety risks continue to …

  • In the News

    Jet Fuel Demand Slowdown Raises Concerns for Oil Market

    by Victor Adetimilehin August 15, 2024
    by Victor Adetimilehin August 15, 2024

    Global jet fuel demand is softening due to tightening travel budgets and improved fuel efficiency, leading to concerns about the broader impact on oil prices. With economic challenges in key …

  • In the News

    Sasol Appoints New CFO as It Navigates Energy Transition

    by Motoni Olodun August 14, 2024
    by Motoni Olodun August 14, 2024

    Sasol appoints Priscillah Mabelane as CFO as the company navigates the global energy transition, reinforcing its leadership in a rapidly evolving industry.

  • In the News

    5 Strategies to Fast-Track Africa’s Oil and Gas Projects

    by Adenike Adeodun August 14, 2024
    by Adenike Adeodun August 14, 2024

    Accelerating Africa’s oil and gas projects with local talent, partnerships, and cutting-edge technology to meet growing energy demands.

  • In the News

    Ukraine Approves $20 Billion Plan to Boost Renewable Energy by 2030

    by Victor Adetimilehin August 14, 2024
    by Victor Adetimilehin August 14, 2024

    Ukraine has approved a $20 billion plan to expand its renewable energy sector, aiming to increase renewables to 27% of the energy mix by 2030 amidst ongoing conflicts with Russia.

  • In the News

    Oil Prices Drop as Middle East Tensions Ease

    by Victor Adetimilehin August 14, 2024
    by Victor Adetimilehin August 14, 2024

    Oil prices dropped as fears of a broader Middle East conflict subsided, with Iran holding back on its threats against Israel. Market analysts point to a reduced geopolitical risk premium …

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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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