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
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Deploying electric vehicles in rural Nigeria can revolutionize mobility, reduce fuel costs, and support decarbonization, says a new report.
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Libya’s El Sharara oil field sees reduced production due to operational and security challenges, reflecting ongoing instability in the region
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Significant revisions to US energy data by the EIA have left traders and analysts confused, questioning the reliability of crucial market information.
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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.
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Huawei’s PV and ESS solutions bring reliable energy to African businesses, enhancing productivity and growth.
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South Africa faces significant financial challenges in its energy transition, with the minister urging international support to achieve sustainability goals.
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Libya’s government accuses rivals of political blackmail after a significant cut in oil production at the Sharara field.
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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.
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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.