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In the News

  • In the News

    Exxaro Declares Interim Dividend Despite Lower Profit Amid Rising Revenue

    by Ikeoluwa Juliana Ogungbangbe August 16, 2024
    by Ikeoluwa Juliana Ogungbangbe August 16, 2024

    Exxaro Resources declares a lower interim dividend as revenue rises but profits fall sharply.

  • In the News

    Nigeria, Equatorial Guinea Sign Key Gulf of Guinea Pipeline Deal

    by Adenike Adeodun August 16, 2024
    by Adenike Adeodun August 16, 2024

    Nigeria and Equatorial Guinea finalize a critical Gulf of Guinea Pipeline deal, promising stronger energy ties, job growth, and regional stability.

  • In the News

    Oil Prices Climb on Renewed Confidence in U.S. Economy

    by Motoni Olodun August 16, 2024
    by Motoni Olodun August 16, 2024

    Oil prices are set for weekly gains as renewed confidence in the U.S. economy and ongoing supply constraints boost demand expectations in the energy market.

  • In the News

    US Solar Makers Push for Retroactive Tariffs on Asian Imports

    by Victor Adetimilehin August 16, 2024
    by Victor Adetimilehin August 16, 2024

    US solar manufacturers seek retroactive tariffs on imports from Vietnam and Thailand, citing a surge in shipments amid trade investigations into unfair practices.

  • In the News

    Chevron Agrees to $550 Million Settlement With Richmond, California

    by Victor Adetimilehin August 16, 2024
    by Victor Adetimilehin August 16, 2024

    Chevron agrees to a $550 million settlement with Richmond, California, avoiding a proposed tax on its refinery and securing a decade-long financial commitment to the city.

  • In the News

    Rising Electricity Costs Widen the Divide in South Africa’s Cities

    by Ikeoluwa Juliana Ogungbangbe August 15, 2024
    by Ikeoluwa Juliana Ogungbangbe August 15, 2024

    Rising electricity costs in South Africa deepen the divide, leaving the poorest to bear the brunt of the energy crisis.

  • In the News

    South Africa’s Necom 2.0: Tackling Nationwide Energy Crisis Beyond Eskom

    by Adenike Adeodun August 15, 2024
    by Adenike Adeodun August 15, 2024

    South Africa’s Necom 2.0 aims to fix electricity issues, focusing on affordability, reliability, and long-term energy solutions.

  • In the News

    Saudi Firm Unveils Plan for Hydrogen-Powered Skyscraper in Egypt

    by Motoni Olodun August 15, 2024
    by Motoni Olodun August 15, 2024

    A Saudi firm is set to construct a hydrogen-powered skyscraper in Egypt’s new administrative capital, aiming to lead the way in sustainable urban development and green energy.

  • In the News

    Texas Regulator Faces Heat as Zombie Wells Leak Again

    by Victor Adetimilehin August 15, 2024
    by Victor Adetimilehin August 15, 2024

    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 …

  • In the News

    Jet Fuel Demand Slowdown Raises Concerns for Oil Market

    by Victor Adetimilehin August 15, 2024
    by Victor Adetimilehin August 15, 2024

    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 …

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Nigeria’s Oil Boom: Record Production in September 2023

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South Africa: Kariega Residents Protest Over Electricity, Water Crisis
Angola and DR Congo plan Africa’s largest Electricity Transmission...
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