OPEC’s latest report offers an optimistic forecast for global oil demand, projecting strong growth through 2024 and 2025 amidst geopolitical tensions and supply disruptions.
In the News
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At NIES, Oando’s Ainoje Irune urges immediate action to tackle the oil and gas sector’s deepening challenges, emphasizing the urgency of reform for survival.
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In a fiscal turnaround, Nigeria resumes fuel subsidy, allocating N8trn to cushion economic impacts on its populace.
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Summit Carbon Solutions is at the forefront of an ambitious $5.5 billion project, promising to create the United States’ largest carbon dioxide capture pipeline. This venture aims to transport and…
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TCN’s recent substation upgrades boost Nigeria’s power supply, but ongoing vandalism poses serious threats to sustaining electricity improvements.
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In a landmark move for renewable energy, Chariot Limited has announced the successful completion of a feasibility study for “Project Nour,” a large-scale green hydrogen initiative in Mauritania. This project,…
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Cloud Energy’s solar service aims to empower entrepreneurs and energize MSMEs, promising a brighter, more sustainable future for Nigeria’s power sector.
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Senegal’s opposition coalition, backed by Ousmane Sonko, proposes a new national currency and sweeping contract renegotiations, signaling a major economic overhaul if elected.
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Saudi Arabia’s oil giant Aramco announced a 30% increase in its dividend payout for 2023, despite a sharp drop in its net profit due to lower oil prices and volumes.…
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Kenya’s groundbreaking project repurposes lithium batteries, bringing reliable, clean electricity to rural schools and hospitals, and setting a global example in environmental innovation.