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In the News

  • In the News

    US LNG Ambitions Stalled by Soaring Labor Costs

    by Victor Adetimilehin June 25, 2024
    by Victor Adetimilehin June 25, 2024

    The US LNG industry’s aspirations to become a global leader are facing a significant challenge – a surge in labor costs driven by a skilled worker shortage and strong wage …

  • In the News

    EU Gas Security: Progress on Leaving Russia, But Cracks Show in Crisis Readiness

    by Victor Adetimilehin June 25, 2024
    by Victor Adetimilehin June 25, 2024

    The EU has taken steps to lessen dependence on Russian gas, but an audit identifies weaknesses in its readiness for potential future gas supply disruptions, including a lack of focus …

  • In the News

    Nigeria Unveils Solar Energy and Battery Storage Facility at Bayero University

    by Ikeoluwa Juliana Ogungbangbe June 24, 2024
    by Ikeoluwa Juliana Ogungbangbe June 24, 2024

    Bayero University’s new solar and battery storage facility highlights a significant advancement in West Africa’s clean energy efforts.

  • In the News

    Cape Town Market Embraces Sustainability with Solar Power Installation

    by Ikeoluwa Juliana Ogungbangbe June 24, 2024
    by Ikeoluwa Juliana Ogungbangbe June 24, 2024

    Cape Town Market installs solar panels and battery storage, boosting energy security and supporting sustainability.

  • In the News

    Saudi Aramco’s Recent Share Sale Sees Significant Foreign Investment

    by Ikeoluwa Juliana Ogungbangbe June 24, 2024
    by Ikeoluwa Juliana Ogungbangbe June 24, 2024

    Saudi Aramco attracts major foreign investment in its latest share sale, signaling strong global confidence in Saudi Arabia’s economic strategy.

  • In the News

    Kenya Partners with Nigeria’s Asharami for LPG Mega-Project

    by Ikeoluwa Juliana Ogungbangbe June 24, 2024
    by Ikeoluwa Juliana Ogungbangbe June 24, 2024

    Kenya and Nigeria’s Asharami Synergy collaborate on a pioneering LPG storage facility in Mombasa to boost regional energy security.

  • In the News

    Zimbabwe to Install Floating Solar Panels on Lake Kariba

    by Adenike Adeodun June 24, 2024
    by Adenike Adeodun June 24, 2024

    Zimbabwe plans to install floating solar panels on Lake Kariba to boost electricity supply and address power deficits. The project begins with an initial 150MW installation by 2025.

  • In the News

    Oil Prices Extend Losses as Strong Dollar Pressures Commodities Markets

    by Motoni Olodun June 24, 2024
    by Motoni Olodun June 24, 2024

    Oil prices dropped for the third straight session due to a strong U.S. dollar and global economic concerns. Brent crude fell to $72.45 per barrel, while WTI crude dropped to …

  • In the News

    U.S. Prepares for Record-Breaking Summer Travel Season with Booming Jet Fuel Production

    by Victor Adetimilehin June 24, 2024
    by Victor Adetimilehin June 24, 2024

    The U.S. is gearing up for a busy summer travel season with jet fuel production reaching its highest level since before the pandemic. Refineries are ramping up production to meet …

  • In the News

    US Announces $850 Million Grant Program to Curb Oil Sector Methane Emissions

    by Victor Adetimilehin June 23, 2024
    by Victor Adetimilehin June 23, 2024

    US unveils $850 million grant program to help small oil and gas producers reduce methane leaks. Initiative targets development of methane detection technologies and aims to curb potent greenhouse gas.

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Nigeria’s Oil Boom: Record Production in September 2023

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