NNPC and Chevron have signed a deal to convert five JV assets to Petroleum Industry Act terms, aiming to boost oil production to 165,000 barrels per day by 2024.
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In the News
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MIGA and ISA have launched a new solar fund to expand renewable energy in sub-Saharan Africa, aiming to connect 300 million people to electricity by 2030
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Saudi Aramco, Trafigura, and other major oil players are competing to buy Shell’s South African gas stations as the company reshapes its downstream portfolio
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The Women in Greentech Roundtable at Atlantis Special Economic Zone showcased the critical role of women in sustainable development and the Just Energy Transition.
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Shell and other energy giants are taking legal action against Venture Global LNG for failing to fulfill key long-term contracts, warning of a potential industry-wide crisis
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Italgas plans a €1 billion capital raise to acquire 2i Rete Gas, strengthening its hold on Italy’s gas distribution market in a €5 billion deal. Â
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RMI’s groundbreaking study reveals how solar-powered mini-grids are slashing energy costs and boosting productivity in Nigerian agriculture, paving the way for rural economic transformation.
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OPEC+ will proceed with its planned October oil output increase, despite market concerns, due to Libyan disruptions and hopes for a U.S. rate cut.
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A dispute over Libya’s central bank governance has led to a drastic cut in the nation’s oil output, halting exports and escalating tensions. This severe drop in production stirs fears …
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Gold Fields is boosting its renewable energy efforts at South Deep, with plans to expand its 50 MW solar plant and explore wind power. This move aims to reduce operational …