In the News

South Africa announces electricity tariff review to tackle affordability crisis affecting poor households.

Nigeria identifies a 20GW market opportunity in distributed energy resources, aiming to improve power supply and boost renewable projects.

South Africa’s Energy Minister urges grid regulations to prioritize shovel-ready projects, aiming to expedite energy infrastructure development and address urgent needs.

The U.S. Department of Energy finalizes a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum Reserve, reinforcing national energy security.

European clean energy companies are rethinking U.S. expansion plans due to fears of Trump’s potential return, which could impact the Inflation Reduction Act and clean energy investments.

Oil prices stabilize following a Golan Heights attack, balancing Middle East tensions with demand concerns.

Angola’s ASSEA partners with AOG 2024 to enhance local content and foster global partnerships in the oil and gas sector.

Oil prices rise due to escalating Middle East tensions, with concerns over supply disruptions driving Brent crude above $85 per barrel. Analysts watch closely for further developments.

Oil prices dropped 1.5% due to declining Chinese demand and potential easing of Middle East tensions, with Brent and WTI crude ending the week lower.

Baker Hughes cuts North American spending outlook due to reduced drilling activity but raises full-year revenue forecasts, banking on robust international growth and gas equipment demand.