Canadian Natural Resources cuts back on natural gas drilling in response to weak prices, focusing instead on oil sands production and recent acquisitions to reinforce its asset base.
In the News
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NTCSA revises its 2024 transmission plan to support South Africa’s increased power capacity, prioritizing infrastructure and renewable energy integration.
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KEY POINTS OPEC+ may delay its planned oil production increase in December due to concerns over weak demand and rising supply, four sources close to the matter told Reuters on …
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The UK government has raised the North Sea windfall tax to 38 percent, extending the levy to March 2030 to support renewable energy projects, drawing both investor optimism and industry …
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Private equity in African energy projects provides essential funding, drives renewable growth, and bridges infrastructure gaps for sustainable development across the continent
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Nersa approved private electricity licenses in South Africa, aiming to enhance energy resilience and address chronic power challenges.
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BP’s third-quarter profits hit a four-year low at $2.3 billion, as declining oil demand and weak refining margins weigh on the energy giant. Rising debt levels and a strategic pivot …
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Mexico sends 400,000 barrels of oil to aid Cuba’s energy crisis following grid collapse and hurricane impact
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South Africa will advocate for a $13 trillion annual global climate finance commitment at COP29, emphasizing support for developing countries’ climate goals.
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Africa’s abundant lithium reserves are essential to the global clean energy transition, with investment focused on processing and overcoming infrastructure gaps.