In the News

Saudi Aramco reports a 3.4% decline in profits due to lower crude volumes and refining margins but maintains its dividend payout at $31.1 billion, highlighting its financial resilience.

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

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

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

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

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.

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

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

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

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.