In the News

Solar energy systems in three Ghanaian hospitals ensure continuous electricity, improving healthcare services.

Nigeria ends the oil-for-naira market, adopting a transparent system for crude oil sales. The reform aims to improve transparency and attract investment in the oil sector

US oil and gas mergers hit $30 billion in Q2 2024, with major deals like ConocoPhillips’ bid for Marathon Oil driving significant industry activity and consolidation.

Brazilian prosecutors demand Ibama respond to Petrobras’ Amazon drilling license request, spotlighting the clash between economic development and environmental conservation.

South Africa announces electricity tariff review to tackle affordability crisis affecting poor households.

Nigeria identifies a 20GW market opportunity in distributed energy resources, aiming to improve power supply and boost renewable projects.

South Africa’s Energy Minister urges grid regulations to prioritize shovel-ready projects, aiming to expedite energy infrastructure development and address urgent needs.

The U.S. Department of Energy finalizes a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum Reserve, reinforcing national energy security.

European clean energy companies are rethinking U.S. expansion plans due to fears of Trump’s potential return, which could impact the Inflation Reduction Act and clean energy investments.

Oil prices stabilize following a Golan Heights attack, balancing Middle East tensions with demand concerns.