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In the News

  • In the News

    EPA Audits Biofuel Producers Over Used Cooking Oil Supply

    by Victor Adetimilehin August 8, 2024
    by Victor Adetimilehin August 8, 2024

    The EPA has launched investigations into biofuel producers over concerns of fraudulent feedstocks like used cooking oil, aiming to ensure sustainability and compliance with environmental standards.

  • In the News

    U.S. Natural Gas Producers Plan Output Cuts Amid Price Slump

    by Victor Adetimilehin August 8, 2024
    by Victor Adetimilehin August 8, 2024

    U.S. natural gas producers plan strategic production cuts amid falling prices, with major companies like EQT and Apache adjusting their output to balance supply and demand.

  • In the News

    Cameroon to Develop 4GW Renewable Energy by 2035 in Major Initiative

    by Adenike Adeodun August 7, 2024
    by Adenike Adeodun August 7, 2024

    Cameroon plans to develop 4GW of renewable energy by 2035, including solar, wind, and hydropower projects to address critical power needs.

  • In the News

    Zambia: Imports, Generators, and Solar to Address Energy Crisis

    by Ikeoluwa Juliana Ogungbangbe August 7, 2024
    by Ikeoluwa Juliana Ogungbangbe August 7, 2024

    Zambia tackles its energy crisis with imports, net metering, and renewable energy initiatives.

  • Energy TransitionIn the News

    Funding Key to Overcoming South Africa’s $390bn Grid Backlog

    by Motoni Olodun August 7, 2024
    by Motoni Olodun August 7, 2024

    South Africa’s R390 billion grid backlog demands dedicated funding for NTCSA to modernize infrastructure and ensure reliable electricity for economic growth.

  • In the News

    Aramco Profits Dip, Keeps Dividend Steady at $31.1 Billion

    by Victor Adetimilehin August 7, 2024
    by Victor Adetimilehin August 7, 2024

    Saudi Aramco reports a 3.4% decline in profits due to lower crude volumes and refining margins but maintains its dividend payout at $31.1 billion, highlighting its financial resilience.

  • In the News

    Utilities Sector Shines Amid US Stock Market Turbulence

    by Victor Adetimilehin August 7, 2024
    by Victor Adetimilehin August 7, 2024

    The utilities sector emerges as a safe haven amid US stock market turbulence, offering stable dividends and strong earnings growth, attracting cautious investors.

  • In the News

    Integrating EVs, Mini-Grids to Transform Rural Nigeria’s Mobility

    by Adenike Adeodun August 6, 2024
    by Adenike Adeodun August 6, 2024

    Deploying electric vehicles in rural Nigeria can revolutionize mobility, reduce fuel costs, and support decarbonization, says a new report.

  • In the News

    Libya’s El Sharara Oil Field Sees Reduced Output

    by Motoni Olodun August 6, 2024
    by Motoni Olodun August 6, 2024

    Libya’s El Sharara oil field sees reduced production due to operational and security challenges, reflecting ongoing instability in the region

  • In the News

    Major Revisions to US Energy Data Leave Market in Disarray

    by Victor Adetimilehin August 6, 2024
    by Victor Adetimilehin August 6, 2024

    Significant revisions to US energy data by the EIA have left traders and analysts confused, questioning the reliability of crucial market information.

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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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