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In the News

  • In the News

    Iraq Oil Output Falls Below OPEC+ Quota in September

    by Victor Adetimilehin October 14, 2024
    by Victor Adetimilehin October 14, 2024

    Iraq’s oil output in September fell below its OPEC+ quota, reflecting efforts to align with the alliance’s compliance requirements amid reduced exports and regional disruptions.

  • In the News

    Solar Energy Solutions Essential for South African Business Stability

    by Ikeoluwa Juliana Ogungbangbe October 13, 2024
    by Ikeoluwa Juliana Ogungbangbe October 13, 2024

    Solar energy solutions for businesses lower costs, offer operational resilience and ensure grid independence for South African companies facing rising energy challenges

  • In the News

    Canadian Gas Firms Face Challenges Amid LNG Boom as Supply Floods Market

    by Adenike Adeodun October 12, 2024
    by Adenike Adeodun October 12, 2024

    Canadian gas producers struggle with oversupply and low prices as they await increased demand from LNG Canada, but analysts warn of potential market risks.

  • In the News

    BP Warns of $600 Million Hit to Q3 Profits as Fuel Demand Weakens

    by Victor Adetimilehin October 12, 2024
    by Victor Adetimilehin October 12, 2024

    BP expects a $600 million dent in its third-quarter profits due to weak refining margins and lower oil demand. CEO faces pressure to revamp the company’s strategy.

  • Energy TransitionIn the News

    Danish Agency Supports Wind Energy Project in South Africa’s Coal Region

    by Motoni Olodun October 11, 2024
    by Motoni Olodun October 11, 2024

    A Danish-backed project seeks to validate wind resources in South Africa’s coal-rich Mpumalanga region, marking a step toward renewable energy adoption.

  • In the News

    South Africa Eyes Offshore Wind for Jobs and Clean Energy

    by Ikeoluwa Juliana Ogungbangbe October 11, 2024
    by Ikeoluwa Juliana Ogungbangbe October 11, 2024

    Offshore wind energy could boost South Africa’s economy, create jobs, and provide up to 25% of the country’s energy mix by 2050 if key decisions are made

  • In the News

    GM Launches Home Energy Storage Options for EV Owners

    by Adenike Adeodun October 11, 2024
    by Adenike Adeodun October 11, 2024

    GM introduces the GM Energy PowerBank, a new home energy storage solution aimed at offering EV owners more control over their energy use and managing renewable energy.

  • 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 …

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Nigeria’s Oil Boom: Record Production in September 2023

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