U.S. crude inventories hit their lowest level in a year, while fuel stocks saw a modest increase, according to the Energy Information Administration’s latest report, triggering market reactions and raising concerns about supply levels.
In the News
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KEY POINTS South Sudan and Sudan have made progress towards restarting the pumping of South Sudan’s crude oil through a pipeline running to a port in its neighbour, South Sudan’s…
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Flux has launched Africa’s first carbon dioxide removal credits using basalt to absorb CO2. The initiative expands to Nigeria and Cameroon, improving soil and reducing emissions.
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Chevron CEO Michael Wirth criticized U.S. President Joe Biden’s natural gas policies at the Gastech conference, emphasizing the importance of natural gas in reducing emissions and powering AI.
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NNPCL releases an updated petrol price breakdown for September 2024, confirming US dollar payments to Dangote Refinery, with Naira transactions starting on October 1st.
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Makueni County Referral Hospital has installed a solar PV system, reducing monthly energy costs by Ksh 700,000 and ensuring reliable power for patient care
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ARA Petroleum secures a 25-year development license for the Ntorya gas field in Tanzania, aiming to boost natural gas production and support the country’s energy needs.
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Woodside Energy seeks U.S. partners for its Driftwood LNG project to secure supply and increase revenue, aiming to finalize partnerships by early 2025. Â
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South Africa unveils transparent solar glass technology to generate power from building facades, boosting energy efficiency and sustainability in urban areas.
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Eskom’s partnership with Maluti-a-Phofung Municipality aims to restore financial and technical stability through a 15-year agreement focused on revenue collection and staff training