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In the News

  • In the News

    Libya Aims for Energy Growth with 1.6 Million Barrels Per Day Target

    by Adenike Adeodun January 20, 2025
    by Adenike Adeodun January 20, 2025

    Libya sets sights on 1.6 million bpd in 2025, emphasizing sustainability and international collaboration in its energy sector transformation.

  • GovernmentIn the NewsMarkets

    U.S. Oil and Gas Rig Count Falls by Four This Week

    by Ikeoluwa Juliana Ogungbangbe January 18, 2025
    by Ikeoluwa Juliana Ogungbangbe January 18, 2025

    U.S. oil and gas rig count falls to 580, reflecting a year-over-year decline, as crude production slightly decreases and oil prices dip

  • In the News

    SLB Boosts Dividends and Buybacks Amid Oil Oversupply Concerns

    by Adedotun Oyeniyi January 18, 2025
    by Adedotun Oyeniyi January 18, 2025

    SLB raises dividends, announces $2.3 billion buybacks, and anticipates steady 2025 revenues despite oil oversupply concerns.

  • In the News

    Russian Fuel Exports Drop 10-Percent Amid Drone Attacks, Sanctions

    by Adenike Adeodun January 18, 2025
    by Adenike Adeodun January 18, 2025

    Russian fuel exports fell by 10 percent in 2024 due to drone attacks, sanctions, and gasoline export bans.

  • In the NewsMarketsOil & Gas

    7 Ways Climate Change is Impacting the Oil and Gas Sector

    by Ikeoluwa Juliana Ogungbangbe January 17, 2025
    by Ikeoluwa Juliana Ogungbangbe January 17, 2025

    Explore seven key ways climate change is reshaping the oil and gas sector, from regulatory pressures to extreme weather and market shifts

  • In the News

    Iraq Prepares Deal with Halliburton for Oilfield Development

    by Adedotun Oyeniyi January 17, 2025
    by Adedotun Oyeniyi January 17, 2025

    Iraq and Halliburton collaborate to expand Nahr Bin Omar oilfield output, aiming to enhance production and support global energy markets.

  • AnalysisIn the NewsMarkets

    7 Career Paths in the Energy Sector for Engineers and Non-Engineers

    by Ikeoluwa Juliana Ogungbangbe January 16, 2025
    by Ikeoluwa Juliana Ogungbangbe January 16, 2025

    Explore seven dynamic career paths in the energy sector for engineers and non-engineers, from renewable energy to consulting and technology innovation

  • In the News

    Why Affordable Energy is Critical for Africa’s SMEs

    by Adenike Adeodun January 16, 2025
    by Adenike Adeodun January 16, 2025

    Affordable energy is key to helping African SMEs reduce costs, grow sustainably, and create jobs, boosting the continent’s economy.

  • In the News

    U.S. Sanctions Threaten Russia’s Oil Supply Chain, IEA Warns

    by Adedotun Oyeniyi January 16, 2025
    by Adedotun Oyeniyi January 16, 2025

    U.S. sanctions on Russia could disrupt global oil supply, but non-OPEC+ producers may stabilize markets despite rising Brent crude prices.

  • GovernmentIn the NewsMarkets

    UK Launches Steel Council to Secure Steelmaking Future

    by Ikeoluwa Juliana Ogungbangbe January 15, 2025
    by Ikeoluwa Juliana Ogungbangbe January 15, 2025

    The UK Steel Council unites leaders, unions, and experts to secure the future of steelmaking with significant investment in advanced furnace technology

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Nigeria’s Oil Boom: Record Production in September 2023

Nigeria: EFCC Arrests Energy Commission Chief Over N701 Billion APC Governors Fund
Nigeria Falls Short of OPEC Oil Production Target Again Despite Output Increase

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Nigeria: EFCC Arrests Energy Commission Chief Over N701 Billion...
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