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In the News

  • In the News

    Iraq Endorses Compensation Plan to Resolve Kurdistan Oil Dispute

    by Adenike Adeodun February 3, 2025
    by Adenike Adeodun February 3, 2025

    Iraq’s parliament approves an oil subsidy plan, increasing payments to $16 per barrel to restart Kurdish exports and resolve the Baghdad-Erbil dispute.

  • GovernmentIn the NewsMarkets

    5 Challenges of Transitioning from Oil and Gas to Renewable Energy

    by Ikeoluwa Juliana Ogungbangbe January 31, 2025
    by Ikeoluwa Juliana Ogungbangbe January 31, 2025

    The renewable energy transition faces high costs, energy storage issues, and political resistance, making the shift from oil and gas a complex global challenge

  • In the News

    NGP Seeks $2 Billion Sale of Camino Natural Resources

    by Adedotun Oyeniyi January 31, 2025
    by Adedotun Oyeniyi January 31, 2025

    NGP Energy is exploring a $2 billion sale of Camino Natural Resources, a key gas producer in the Anadarko Basin, as energy consolidation continues.

  • GovernmentIn the NewsMarkets

    5 Ways Energy Companies Can Engage Youth for a Sustainable Future

    by Ikeoluwa Juliana Ogungbangbe January 30, 2025
    by Ikeoluwa Juliana Ogungbangbe January 30, 2025

    Discover how energy companies can engage youth in the energy sector to drive sustainability, foster innovation, and create a cleaner future for generations to come

  • In the News

    Why Power Blackouts Are Becoming More Frequent in Africa

    by Adenike Adeodun January 30, 2025
    by Adenike Adeodun January 30, 2025

    Africa faces increasing power blackouts due to aging infrastructure, surging demand, climate change impacts, and governance issues.

  • In the News

    U.S. Oil and Gas Mergers Hit $105 Billion in 2024

    by Adedotun Oyeniyi January 30, 2025
    by Adedotun Oyeniyi January 30, 2025

    U.S. oil and gas M&A activity hit $105 billion in 2024, driven by natural gas demand and refracking opportunities as acquisition targets shrink.

  • GovernmentIn the NewsMarkets

     Oil Prices Rebound After U.S. Confirms Tariff Plans on Imports

    by Ikeoluwa Juliana Ogungbangbe January 29, 2025
    by Ikeoluwa Juliana Ogungbangbe January 29, 2025

    Oil prices rise after hitting lows, driven by U.S. tariff plans and easing Libya supply risks, while China’s economic slowdown weighs on demand

  • In the News

    5 Ways Policy Gaps Are Hindering Africa’s Energy Growth

    by Adedotun Oyeniyi January 29, 2025
    by Adedotun Oyeniyi January 29, 2025

    Africa’s energy growth is hindered by weak policies, poor investment frameworks, and inefficient planning, slowing renewable energy expansion and access.

  • In the News

    U.S. Oilfield Firms Struggle as Fracking Demand and Prices Drop

    by Adenike Adeodun January 29, 2025
    by Adenike Adeodun January 29, 2025

    Oilfield service firms are struggling as drilling activity slows and prices decline, forcing many into rising debt and potential bankruptcy.

  • In the News

    5 Opportunities the Energy Transition Brings to Africa

    by Adedotun Oyeniyi January 28, 2025
    by Adedotun Oyeniyi January 28, 2025

    Africa’s shift to renewable energy presents opportunities for economic growth, improved energy access, increased foreign investment, and environmental sustainability.

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  • KenGen More Than Triples Renewable Energy Target To 5,500 Megawatts
  • Nigeria Plans Hydrogen Fuel To Power Industries And Boost Clean Energy
  • 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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