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In the News

  • In the News

    Utilities Sector Shines Amid US Stock Market Turbulence

    by Victor Adetimilehin August 7, 2024
    by Victor Adetimilehin August 7, 2024

    The utilities sector emerges as a safe haven amid US stock market turbulence, offering stable dividends and strong earnings growth, attracting cautious investors.

  • In the News

    Integrating EVs, Mini-Grids to Transform Rural Nigeria’s Mobility

    by Adenike Adeodun August 6, 2024
    by Adenike Adeodun August 6, 2024

    Deploying electric vehicles in rural Nigeria can revolutionize mobility, reduce fuel costs, and support decarbonization, says a new report.

  • In the News

    Libya’s El Sharara Oil Field Sees Reduced Output

    by Motoni Olodun August 6, 2024
    by Motoni Olodun August 6, 2024

    Libya’s El Sharara oil field sees reduced production due to operational and security challenges, reflecting ongoing instability in the region

  • In the News

    Major Revisions to US Energy Data Leave Market in Disarray

    by Victor Adetimilehin August 6, 2024
    by Victor Adetimilehin August 6, 2024

    Significant revisions to US energy data by the EIA have left traders and analysts confused, questioning the reliability of crucial market information.

  • In the News

    Quantum Capital Acquires Cogentrix for $3 Billion

    by Victor Adetimilehin August 6, 2024
    by Victor Adetimilehin August 6, 2024

    Quantum Capital Group to buy U.S. power producer Cogentrix Energy for $3 billion, highlighting growing investor interest in the energy sector amid rising power demands.

  • In the News

    Huawei: PV and Energy Storage Solutions to Power Industrial Growth

    by Ikeoluwa Juliana Ogungbangbe August 6, 2024
    by Ikeoluwa Juliana Ogungbangbe August 6, 2024

    Huawei’s PV and ESS solutions bring reliable energy to African businesses, enhancing productivity and growth.

  • In the News

    South Africa Needs Global Help for Costly Energy Transition

    by Adenike Adeodun August 5, 2024
    by Adenike Adeodun August 5, 2024

    South Africa faces significant financial challenges in its energy transition, with the minister urging international support to achieve sustainability goals.

  • In the NewsOil & Gas

    Libya Blames “Political Blackmail” for Oil Field Output Cut

    by Ikeoluwa Juliana Ogungbangbe August 5, 2024
    by Ikeoluwa Juliana Ogungbangbe August 5, 2024

    Libya’s government accuses rivals of political blackmail after a significant cut in oil production at the Sharara field.

  • In the News

    Nigeria’s CNG Initiative Aims to Cut N2 Trillion Monthly Fuel Costs

    by Motoni Olodun August 5, 2024
    by Motoni Olodun August 5, 2024

    Nigeria’s new CNG initiative, led by President Tinubu, aims to save up to N2 trillion monthly on fuel costs, transitioning to cleaner and cheaper energy sources.

  • In the News

    Venture Global LNG Sues Kiewit Over Confidentiality Breach

    by Victor Adetimilehin August 5, 2024
    by Victor Adetimilehin August 5, 2024

    Venture Global LNG has filed a lawsuit against Kiewit, alleging the unauthorized disclosure of confidential documents to Shell, intensifying the legal disputes over the Calcasieu Pass LNG plant.

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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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