In the News

OPEC reduces its global oil demand growth forecast for 2024, with weaker demand from China and the adoption of cleaner fuels affecting market outlook.

Italy is considering lifting its nuclear energy ban, with plans to draft new legislation by 2025, potentially transforming its energy landscape.  

China’s transition to greener fuels and a sluggish economy have led to slower oil demand growth, according to experts at the APPEC conference.  

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.

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

The Women in Greentech Roundtable at Atlantis Special Economic Zone showcased the critical role of women in sustainable development and the Just Energy Transition.

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

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.  

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.