Oil prices hold steady as investors monitor Storm Beryl’s potential impact on Texas oil production and refining operations, awaiting clearer indications.
In the News
-
-
Tropical Storm Beryl strengthens in the Gulf of Mexico, threatening to become a hurricane and make landfall on the Texas coast. The storm’s path raises concerns about disruptions to the …
-
Oil prices dipped on Friday as progress in ceasefire talks between Israel and Gaza outweighed concerns about potential supply disruptions. Strong summer demand and the path of Hurricane Beryl are …
-
Nigeria’s crude supply crisis disrupts Dangote Refinery operations, sparking conflicts between oil producers and refiners over supply issues.
-
Coega Development Corporation sets a precedent in public sector financing with a new model supporting its renewable energy projects.
-
Global oil prices surge for the fourth straight week, driven by OPEC+ production cuts, geopolitical tensions, and robust demand, reaching new highs.
-
India’s solar power sector experiences its slowest growth in six years as the nation prioritizes coal power to address energy security concerns. This increased reliance on fossil fuels casts doubt …
-
Nigeria’s gas crisis worsens as unpaid bills drive away suppliers, threatening fuel shortages. The $6 billion NNPC debt, rising global fuel costs, and a reinstated fuel subsidy strain the nation’s …
-
South Africa’s 10% import duty on solar panels is expected to raise consumer costs, warns the South African Photovoltaic Industry Association.
-
Africa’s green hydrogen projects face significant challenges and opportunities. Experts discuss future prospects at the Africa Energy Forum.