The Texas Railroad Commission faces increased scrutiny as reactivated “zombie wells” leak toxic substances, highlighting the regulatory failures amid the Permian Basin drilling boom. Environmental and safety risks continue to escalate, prompting calls for reform and accountability.
In the News
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Global jet fuel demand is softening due to tightening travel budgets and improved fuel efficiency, leading to concerns about the broader impact on oil prices. With economic challenges in key markets and structural changes in the aviation industry, the outlook for jet fuel demand and oil prices remains uncertain.
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Sasol appoints Priscillah Mabelane as CFO as the company navigates the global energy transition, reinforcing its leadership in a rapidly evolving industry.
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Accelerating Africa’s oil and gas projects with local talent, partnerships, and cutting-edge technology to meet growing energy demands.
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Ukraine has approved a $20 billion plan to expand its renewable energy sector, aiming to increase renewables to 27% of the energy mix by 2030 amidst ongoing conflicts with Russia.
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Oil prices dropped as fears of a broader Middle East conflict subsided, with Iran holding back on its threats against Israel. Market analysts point to a reduced geopolitical risk premium in crude futures.
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Kenya’s new net-metering regulations allow consumers to sell excess energy back to the grid, boosting renewable energy use.
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PPC Ltd has signed an agreement to power its Slurry and Dwaalboom plants with solar energy, marking a significant step in the company’s sustainability efforts.
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South Africa’s grid to gain 2,500MW, easing loadshedding, with improved power stations leading the way.
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Japan injects $500M to upgrade Nigeria’s power infrastructure, targeting key industrial areas for reliable electricity and economic growth.