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In the News

  • In the News

    Gulf States Urge U.S. to Restrain Israel from Striking Iran’s Oil Sites

    by Victor Adetimilehin October 11, 2024
    by Victor Adetimilehin October 11, 2024

    Gulf nations lobby the U.S. to restrain Israel from attacking Iran’s oil infrastructure, fearing retaliation on their own vital facilities.

  • In the News

    South Africa Outlines Plan to Ensure Energy Security and Sustainability

    by Ikeoluwa Juliana Ogungbangbe October 10, 2024
    by Ikeoluwa Juliana Ogungbangbe October 10, 2024

    South Africa’s energy plan balances security and sustainability with renewables while promoting regional cooperation and innovative financing models

  • In the News

    IEA: Cost Competitiveness to Drive Surge in Global Renewables Expansion by 2030

    by Motoni Olodun October 10, 2024
    by Motoni Olodun October 10, 2024

    The IEA predicts a surge in global renewable energy by 2030, driven by cost competitiveness and favorable policies, with renewables expected to make up nearly 20% of the global energy …

  • In the News

    Tengiz Oil Field Hits Record Production Amid OPEC+ Tensions

    by Adenike Adeodun October 10, 2024
    by Adenike Adeodun October 10, 2024

    Kazakhstan’s Tengiz oil field hits record output, complicating OPEC+ compliance and raising questions about future production targets amid plans for expansion.

  • In the News

    Power Outages Persist After Hurricane Helene Strikes Southeast US

    by Victor Adetimilehin October 10, 2024
    by Victor Adetimilehin October 10, 2024

    Power outages persist in the aftermath of Hurricane Helene, with over 97,000 homes and businesses still affected across Georgia and the Carolinas.

  • In the News

    Crude Oil Prices Drop Over 4-Percent Amid Possible Hezbollah-Israel Ceasefire

    by Adenike Adeodun October 9, 2024
    by Adenike Adeodun October 9, 2024

    Oil prices slid over 4% following reports of a potential Hezbollah-Israel ceasefire, easing market fears of broader conflict in the Middle East.

  • In the News

    MARA Expands Power Generation With U.S. Shale Gas Project

    by Victor Adetimilehin October 9, 2024
    by Victor Adetimilehin October 9, 2024

    MARA launches a new power generation project using excess natural gas to fuel bitcoin mining operations, reducing environmental impact and avoiding competition for electricity with AI data centers.

  • In the News

    South Africa’s Mineral Resources Minister Mantashe Reaffirms Support for Oil and Gas Development

    by Motoni Olodun October 9, 2024
    by Motoni Olodun October 9, 2024

    Minister Gwede Mantashe reaffirms the South African government’s commitment to oil and gas exploration, emphasizing its importance for energy security and economic growth despite environmental concerns.

  • In the NewsOil & Gas

    Mantashe Calls for Petroleum’s “Rightful Place” in Energy Sector

    by Ikeoluwa Juliana Ogungbangbe October 9, 2024
    by Ikeoluwa Juliana Ogungbangbe October 9, 2024

    Mantashe emphasizes the potential of South Africa’s oil and gas sector, calling for investment and recognition of petroleum in the energy mix

  • In the News

    Nigeria’s Gas Flaring Reduction Efforts Boosted by Power Africa Partnership

    by Ikeoluwa Juliana Ogungbangbe October 8, 2024
    by Ikeoluwa Juliana Ogungbangbe October 8, 2024

    Power Africa helps Nigeria reduce gas flaring and turn emissions into energy through the NGFCP, advancing both environmental and economic goals

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Nigeria’s Oil Boom: Record Production in September 2023

South Africa: Kariega Residents Protest Over Electricity, Water Crisis
Angola and DR Congo plan Africa’s largest Electricity Transmission Line at 1,450km

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South Africa: Kariega Residents Protest Over Electricity, Water Crisis
Angola and DR Congo plan Africa’s largest Electricity Transmission...
Nigeria and Germany Sign €65 Million Deal With €300...

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