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In the News

  • In the NewsOil & Gas

    OPEC+ to Increase Oil Output in October Despite Market Doubts

    by Ikeoluwa Juliana Ogungbangbe August 31, 2024
    by Ikeoluwa Juliana Ogungbangbe August 31, 2024

    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.

  • In the News

    Libya’s Oil Output Plummets Amid Political Strife, Shakes Global Markets

    by Adenike Adeodun August 31, 2024
    by Adenike Adeodun August 31, 2024

    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 …

  • In the News

    Gold Fields Expands Renewable Energy at South Deep Gold Mine

    by Adenike Adeodun August 29, 2024
    by Adenike Adeodun August 29, 2024

    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 …

  • In the News

    Nigeria’s NNPC Expands LNG Exports to Japan and China

    by Ikeoluwa Juliana Ogungbangbe August 29, 2024
    by Ikeoluwa Juliana Ogungbangbe August 29, 2024

    NNPC expands LNG exports to Japan and China, boosting its presence in global energy markets.

  • In the News

    SPS Launches R135 Million Solar Project at AQuinON Abalone Farm

    by Motoni Olodun August 29, 2024
    by Motoni Olodun August 29, 2024

    SPS launches a R135 million solar project at AQuinON Abalone Farm, enhancing sustainability and reducing energy costs with cutting-edge solar technology.

  • In the News

    Argentina Aims for $10 Billion in Mining Exports by 2027

    by Victor Adetimilehin August 29, 2024
    by Victor Adetimilehin August 29, 2024

    Argentina targets $10 billion in mining exports by 2027, driven by booming lithium and copper sectors, as it seeks to boost its economy.

  • In the News

    AI Boom Fuels Power Struggle with Bitcoin Miners

    by Victor Adetimilehin August 29, 2024
    by Victor Adetimilehin August 29, 2024

    Tech giants are competing with bitcoin miners for power resources to fuel rapidly expanding AI data centers, driving a surge in U.S. electricity demand.

  • In the News

    FNCCI Calls on Nigerian Government to Supply Local Crude to Refineries

    by Adenike Adeodun August 28, 2024
    by Adenike Adeodun August 28, 2024

    The Franco-Nigerian Chamber of Commerce and Industry urges Nigeria to supply local crude oil to refineries and address oil theft to ensure sustainable energy costs.

  • In the News

    South Africa Seeks $18 Billion for Municipal Power Grid Overhaul

    by Ikeoluwa Juliana Ogungbangbe August 28, 2024
    by Ikeoluwa Juliana Ogungbangbe August 28, 2024

    South Africa plans to raise $18 billion for a power grid upgrade to modernize infrastructure and ensure reliable electricity.

  • In the News

    Sasol Solar Challenge to Kick Off in September

    by Motoni Olodun August 28, 2024
    by Motoni Olodun August 28, 2024

    The Sasol Solar Challenge 2024 will begin on September 13, featuring teams from around the world racing solar-powered vehicles across South Africa.

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Nigeria’s Oil Boom: Record Production in September 2023

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