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In the News

  • In the News

    Goldman Sachs Lowers 2025 Brent Oil Price Forecast  

    by Victor Adetimilehin August 28, 2024
    by Victor Adetimilehin August 28, 2024

    Goldman Sachs revises its 2025 Brent oil forecast to $77 per barrel, citing high inventories and lower demand, particularly from China.

  • In the News

    Chinese Oil Giant CNPC Eyes Revival in Global Acquisitions  

    by Victor Adetimilehin August 28, 2024
    by Victor Adetimilehin August 28, 2024

    CNPC plans to revive its global acquisitions strategy by focusing on LNG and deep-sea drilling, navigating geopolitical risks and leveraging its financial strength.

  • In the News

    South African Municipalities Challenge Energy Policies That Hinder Clean Transition

    by Adenike Adeodun August 27, 2024
    by Adenike Adeodun August 27, 2024

    South African municipalities warn that current energy policies are limiting their ability to support the clean energy transition. Local leaders call for changes to ensure a smoother shift to renewable …

  • In the News

    Eskom Holds Back on Ending Loadshedding Over Unit Delays

    by Ikeoluwa Juliana Ogungbangbe August 27, 2024
    by Ikeoluwa Juliana Ogungbangbe August 27, 2024

    Eskom delays end to loadshedding amid unit returns, with concerns over power supply stability in South Africa.

  • In the News

    Clause Threatening Municipal Electricity Revenues May Be Excluded

    by Motoni Olodun August 27, 2024
    by Motoni Olodun August 27, 2024

    A clause threatening municipal electricity revenues may be excluded from the ERA, addressing concerns over financial stability for local governments and ensuring fair energy regulation.

  • In the News

    Exxon Resumes Full Oil Production in Guyana After Pipeline Work

    by Victor Adetimilehin August 27, 2024
    by Victor Adetimilehin August 27, 2024

    ExxonMobil has resumed full oil production in Guyana after completing crucial pipeline work, marking a return to full capacity and advancing energy infrastructure projects.

  • In the News

    Oil Prices Jump 3% Amid Libya Output Cuts and Middle East Tensions

    by Victor Adetimilehin August 27, 2024
    by Victor Adetimilehin August 27, 2024

    Oil prices jumped 3% as Libya’s production cuts and Middle East tensions heighten supply concerns, causing market fluctuations.

  • In the News

    Responsible Mining in Africa: Key to Powering a Greener Future

    by Adenike Adeodun August 26, 2024
    by Adenike Adeodun August 26, 2024

    As the world shifts to renewable energy, Africa’s minerals are in high demand. Learn how responsible mining can drive a sustainable energy future while benefiting local communities.

  • In the News

    Oil Theft in Nigeria Intolerable, No More Excuses for Inaction, Says WTO Chief

    by Ikeoluwa Juliana Ogungbangbe August 26, 2024
    by Ikeoluwa Juliana Ogungbangbe August 26, 2024

    Ngozi Okonjo-Iweala demands immediate action against crude oil theft in Nigeria, urging the use of technology to protect national assets.

  • In the News

    Nigeria’s Oil Surveillance Contracts Spark Controversy

    by Motoni Olodun August 26, 2024
    by Motoni Olodun August 26, 2024

    Nigeria’s multimillion-dollar oil surveillance contracts have sparked controversy, raising questions about transparency and potential duplication.

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