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In the News

  • In the News

    Big Oil Faces Asset Sale Challenge After Merger Spree

    by Victor Adetimilehin June 27, 2024
    by Victor Adetimilehin June 27, 2024

    Major U.S. oil and gas companies face an uphill battle selling billions of dollars in assets as they look to fund investor payouts following a record-breaking wave of mergers. The …

  • In the News

    Egypt Secures $700 Million World Bank Funding for Renewable Energy

    by Adenike Adeodun June 26, 2024
    by Adenike Adeodun June 26, 2024

    Egypt receives $700 million from the World Bank to boost renewable energy efforts and improve electricity efficiency, supporting green economic growth.

  • In the News

    Cape Town to Complete Prepaid Meter Upgrades Ahead of Schedule

    by Ikeoluwa Juliana Ogungbangbe June 26, 2024
    by Ikeoluwa Juliana Ogungbangbe June 26, 2024

    Cape Town advances its city-wide electricity meter upgrade, set to finish before the December deadline.

  • In the News

    Ghana Faces Debt Distress Amidst Global Economic Challenges

    by Motoni Olodun June 26, 2024
    by Motoni Olodun June 26, 2024

    Ghana faces severe debt distress, prompting austerity measures and international assistance negotiations. The nation must implement effective reforms to restore stability.

  • In the News

    Lilac Solutions Unveils Improved Lithium Extraction Technology

    by Victor Adetimilehin June 26, 2024
    by Victor Adetimilehin June 26, 2024

    Lilac Solutions, a leader in lithium extraction technology, unveils advancements in its DLE process. These improvements address efficiency, environmental impact, and cost, making them a contender in the race to …

  • In the News

    U.S. Utilities Embrace Battery Storage for Power Grid Efficiency

    by Victor Adetimilehin June 26, 2024
    by Victor Adetimilehin June 26, 2024

    Excerpt: U.S. power grids are undergoing a significant transformation with the increasing adoption of battery storage technology. This shift is driven by the potential for cost savings through arbitrage, enhanced …

  • AnalysisIn the News

    Benedict Peters’ Aiteo Targets $700 Million Revenue Milestone

    by Oluwatosin Racheal Alabi June 25, 2024
    by Oluwatosin Racheal Alabi June 25, 2024

    Under Benedict Peters’ visionary leadership, Aiteo is set for major growth, targeting ambitious revenue goals and reinforcing its dominance in Africa’s energy sector.

  • In the News

    Record-High Gas Flaring in North Africa Wastes Energy, Increases Emissions

    by Adenike Adeodun June 25, 2024
    by Adenike Adeodun June 25, 2024

    Record-high gas flaring in 2023 wastes energy and increases emissions in North Africa, with severe environmental impacts highlighted by the World Bank.

  • In the News

    Eskom Advances Grid Capacity with New Transformer Supply Contracts

    by Ikeoluwa Juliana Ogungbangbe June 25, 2024
    by Ikeoluwa Juliana Ogungbangbe June 25, 2024

    Eskom initiates a major supply contract with five companies to boost South Africa’s grid capacity through strategic transformer installations.

  • In the News

    Crude Shortage Threatens Dangote’s July Petrol Supply Launch

    by Motoni Olodun June 25, 2024
    by Motoni Olodun June 25, 2024

    The Dangote Refinery’s July petrol supply launch faces significant challenges due to a crude oil shortage, posing a major hurdle to Nigeria’s plans for energy self-sufficiency.

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