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In the News

  • In the News

    US, Nigeria Sign Deal to Reform Electricity, Boost Clean Energy

    by Adenike Adeodun July 12, 2024
    by Adenike Adeodun July 12, 2024

    The US and Nigeria sign an agreement to reform the electricity sector, enhancing clean energy access and promoting transparency for millions.

  • In the News

    Industry Advances R10bn-a-Year Gas Company for Supply Security

    by Motoni Olodun July 12, 2024
    by Motoni Olodun July 12, 2024

    South Africa is set to establish a R10 billion-a-year gas company to ensure energy supply security, reduce dependency on imports, and support economic growth, with extensive infrastructure development planned to …

  • In the News

    Kurdish Oil Booming Despite Smuggling Crackdown

    by Victor Adetimilehin July 12, 2024
    by Victor Adetimilehin July 12, 2024

    Kurdish oil exports are booming despite a pipeline shutdown, with trucks carrying crude to Iran and Turkey. The US is monitoring the trade to assess compliance with sanctions.

  • In the News

    UK Blocks New Oil Project, May Ax New Coal Mine After Court Ruling

    by Victor Adetimilehin July 12, 2024
    by Victor Adetimilehin July 12, 2024

    The UK government reverses approval of a new oil drilling project and drops its defense of a new coal mine, following a court ruling requiring consideration of greenhouse gas emissions …

  • In the News

    Ghana to Buy 100 Electric Buses, Transform Public Transport

    by Adenike Adeodun July 11, 2024
    by Adenike Adeodun July 11, 2024

    Ghana will purchase 100 electric buses by 2024 to modernize its public transport system and reduce reliance on fossil fuels

  • In the News

    Oil Prices Rise as Crude and Gasoline Inventories Fall

    by Motoni Olodun July 11, 2024
    by Motoni Olodun July 11, 2024

    Oil prices rose on Thursday due to a significant drop in U.S. crude and gasoline inventories, indicating robust demand and a tighter supply environment.

  • Energy TransitionIn the News

    Sapia Rebrands to Fiasa to Embrace Broader Energy Spectrum

    by Ikeoluwa Juliana Ogungbangbe July 11, 2024
    by Ikeoluwa Juliana Ogungbangbe July 11, 2024

    Fiasa, evolving from Sapia, aims to lead South Africa’s shift towards diverse, sustainable energy solutions in transportation and beyond.

  • In the News

    OPEC Sticks to Optimistic Oil Demand Forecast, Industry Divided

    by Victor Adetimilehin July 11, 2024
    by Victor Adetimilehin July 11, 2024

    OPEC remains confident in its forecast for strong oil demand growth throughout 2024 and 2025, despite some industry predictions of an earlier peak in demand. The oil market braces for …

  • In the News

    Europe Faces Winter Energy Crunch: Coal Considered as Gas Prices Spike

    by Victor Adetimilehin July 11, 2024
    by Victor Adetimilehin July 11, 2024

    Europe grapples with a difficult choice – switch back to coal for winter energy due to high gas prices, or prioritize climate goals. The decision hinges on market forces, weather …

  • In the News

    Eskom Tackles Overloading with Load Reduction in Seven Provinces

    by Ikeoluwa Juliana Ogungbangbe July 10, 2024
    by Ikeoluwa Juliana Ogungbangbe July 10, 2024

    Eskom takes proactive steps in seven provinces with load reduction to manage electricity demand and protect infrastructure.

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  • Tanzania Scraps Taxes on Electric Vehicles and Natural Gas in a Major Clean Energy Push
  • TCN Asks Lawmakers for Stronger Grid Protection Laws
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Nigeria’s Oil Boom: Record Production in September 2023

Shell Suspends $3bn Share Buyback Ahead of $16.4bn ARC Resources Deal Vote
Libya’s NOC Partners SLB to Boost Output From Marginal Oil Fields

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Shell Suspends $3bn Share Buyback Ahead of $16.4bn ARC...
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