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In the News

  • In the News

    Ukraine Increases Gas Imports Amid Rising Energy Concerns

    by Adedotun Oyeniyi February 10, 2025
    by Adedotun Oyeniyi February 10, 2025

    Ukraine raises gas imports from Hungary, Slovakia, and Poland to offset Russian missile attacks that have disrupted energy infrastructure.

  • In the News

    Baltic States Cut Ties With Russian Power Grid, Join EU System

    by Adenike Adeodun February 10, 2025
    by Adenike Adeodun February 10, 2025

    Estonia, Latvia, and Lithuania have fully disconnected from Russia’s power grid and joined the EU system, strengthening their energy security and independence.

  • GovernmentIn the NewsMarkets

    TotalEnergies Expands U.S. LNG Investments, Eyes Export Growth

    by Ikeoluwa Juliana Ogungbangbe February 7, 2025
    by Ikeoluwa Juliana Ogungbangbe February 7, 2025

    TotalEnergies U.S. LNG investments are growing with planned expansions at Cameron LNG and Rio Grande LNG, reinforcing its leadership in the American LNG market

  • In the News

    Permian Oil Growth to Slow Despite Trump’s Energy Push

    by Adedotun Oyeniyi February 7, 2025
    by Adedotun Oyeniyi February 7, 2025

    U.S. oil output in the Permian Basin is expected to slow in 2025, as industry leaders focus on profitability rather than aggressive expansion.

  • In the News

    Suncor Confident Amid Potential U.S. Tariffs, CEO Says

    by Adenike Adeodun February 7, 2025
    by Adenike Adeodun February 7, 2025

    Suncor Energy CEO says the company can handle potential U.S. tariffs, citing strong production and a diversified export strategy.

  • In the News

    Iran Urges OPEC to Stand Against U.S. Oil Sanctions

    by Adedotun Oyeniyi February 6, 2025
    by Adedotun Oyeniyi February 6, 2025

    Iran urges OPEC to unite against potential U.S. oil sanctions, warning that new restrictions could destabilize global energy markets and disrupt supply chains.

  • GovernmentIn the NewsMarkets

    Armenian PM Signals Readiness to Revisit Zangezur Corridor in Talks

    by Ikeoluwa Juliana Ogungbangbe February 5, 2025
    by Ikeoluwa Juliana Ogungbangbe February 5, 2025

    Armenian PM Nikol Pashinyan hints at flexibility in Zangezur corridor negotiations, aiming to revive peace talks with Azerbaijan while balancing economic interests

  • In the News

    Africa Energy Bank Set for Mid-Year Launch as South Africa Shows Interest

    by Adenike Adeodun February 5, 2025
    by Adenike Adeodun February 5, 2025

    Africa Energy Bank is set to launch mid-2025 with $5 billion in funding to support oil and gas projects across the continent.

  • In the News

    Nigeria to Halt Oil Exports for Producers Missing Refinery Quotas

    by Adedotun Oyeniyi February 4, 2025
    by Adedotun Oyeniyi February 4, 2025

    Nigeria’s oil regulator is enforcing refinery quotas, warning producers they must meet local crude supply obligations before exporting.

  • GovernmentIn the NewsMarketsOil & Gas

    U.S. Struggles to Counter China’s Growing Economic Influence in Central Asia

    by Ikeoluwa Juliana Ogungbangbe February 3, 2025
    by Ikeoluwa Juliana Ogungbangbe February 3, 2025

    China’s economic influence in Central Asia continues to rise, with trade hitting $94.8 billion. The U.S. faces difficulties in curbing Beijing’s expanding presence

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  • Kenya, Rwanda Sign Fuel Import Deal to Strengthen Supply

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Nigeria’s Oil Boom: Record Production in September 2023

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