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In the News

  • In the News

    Impact Finalizes Farm-Out Deal with TotalEnergies in Namibia

    by Feyisayo Ajayi November 5, 2024
    by Feyisayo Ajayi November 5, 2024

    Impact Oil & Gas completes a farm-out deal with TotalEnergies, enhancing exploration in Namibia’s offshore oil sector

  • In the NewsMarketsOil & Gas

    TotalEnergies Predicts Global Oil Demand Peak After 2030

    by Ikeoluwa Juliana Ogungbangbe November 5, 2024
    by Ikeoluwa Juliana Ogungbangbe November 5, 2024

    TotalEnergies predicts global oil demand will peak after 2030, driven by population growth and slow electric vehicle adoption, in contrast to IEA’s forecast

  • In the News

    Carbon Trading and Its Potential in Africa

    by Adenike Adeodun November 5, 2024
    by Adenike Adeodun November 5, 2024

    Carbon trading offers Africa a pathway to sustainable development by monetizing its vast natural resources and promoting environmental conservation.

  • In the NewsOil & Gas

    OPEC+ Delays Oil Output Increase Amid Weak Demand Concerns

    by Ikeoluwa Juliana Ogungbangbe November 4, 2024
    by Ikeoluwa Juliana Ogungbangbe November 4, 2024

    OPEC+ postpones its oil output increase to January 2024, extending its current 2.2 million barrels per day cut due to weak global demand

  • In the News

    Major Investment Trends and Future Opportunities

    by Adedotun Oyeniyi November 4, 2024
    by Adedotun Oyeniyi November 4, 2024

    Renewable energy investment is increasing in Africa, supported by rising demand, climate commitments, and technological advancements

  • In the News

    Canada Set to Unveil Emissions Cap for Oil and Gas Sector

    by Adenike Adeodun November 4, 2024
    by Adenike Adeodun November 4, 2024

    Canada is preparing to announce its long-awaited emissions cap for the oil and gas sector, aiming to cut greenhouse gas emissions by up to 38 percent by 2030, while addressing …

  • In the News

    Exxon, Chevron Outperform Q3 Profit Forecasts as U.S. Oil Hits Record

    by Adenike Adeodun November 3, 2024
    by Adenike Adeodun November 3, 2024

    Exxon and Chevron beat third-quarter profit expectations, fueled by record U.S. oil output. With focused expansion in oil and gas, both firms outshone European rivals betting on renewables, setting new …

  • In the NewsOil & Gas

    Enbridge’s Q3 Profit Doubles, Boosted by U.S. Gas Acquisitions

    by Ikeoluwa Juliana Ogungbangbe November 2, 2024
    by Ikeoluwa Juliana Ogungbangbe November 2, 2024

    Enbridge’s Q3 profit doubles from U.S. gas acquisitions and record infrastructure growth projects in North America.

  • In the NewsOil & Gas

    ConocoPhillips Raises Dividend, Expands Buybacks as Q3 Earnings Beat Forecasts

    by Ikeoluwa Juliana Ogungbangbe November 1, 2024
    by Ikeoluwa Juliana Ogungbangbe November 1, 2024

    ConocoPhillips raises dividend, expands buybacks as Q3 earnings beat forecasts, driven by record U.S. shale production and increased output guidance

  • In the NewsMarkets

    Transcorp Power Plans to Add 150MW Electricity Despite Gas Supply Challenges

    by Adedotun Oyeniyi November 1, 2024
    by Adedotun Oyeniyi November 1, 2024

    Transcorp Power to add 150MW via renewable partnerships, while gas supply constraints impact current power generation at major facilities

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Nigeria’s Oil Boom: Record Production in September 2023

Egypt Exports LNG Shipment to Greece for Shell as Cairo Strengthens Role in Global Energy Market
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Egypt Exports LNG Shipment to Greece for Shell as...
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