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In the News

  • In the News

    Sinopec Sees Profit Boost Amid Record Oil and Gas Output

    by Victor Adetimilehin August 26, 2024
    by Victor Adetimilehin August 26, 2024

    Sinopec posts a 2.6% profit increase in the first half of 2024, driven by record oil and gas production, while shifting focus to LNG and EV charging to combat weak …

  • In the News

    Oil Prices Surge as Fed Hints at Rate Cuts

    by Victor Adetimilehin August 25, 2024
    by Victor Adetimilehin August 25, 2024

    Oil prices jumped over 2% as the Federal Reserve hinted at potential interest rate cuts, sparking optimism in a market facing global economic uncertainty.

  • Energy TransitionIn the News

    Telcos Invest Billions to Protect Networks From Theft, Power Cuts, and Climate Risks

    by Ikeoluwa Juliana Ogungbangbe August 24, 2024
    by Ikeoluwa Juliana Ogungbangbe August 24, 2024

    South Africa’s telecom giants invest heavily to protect networks from power cuts, theft, and climate risks, ensuring reliable services.

  • In the News

    Africa Positioned to Lead Global Green Hydrogen Market, Overcoming Key Challenges

    by Adenike Adeodun August 23, 2024
    by Adenike Adeodun August 23, 2024

    Africa could lead the global green hydrogen market, but success depends on overcoming transport and investment challenges.

  • In the News

    Kenya to Equip Police Officers with Electric Vehicles in EV Initiative

    by Ikeoluwa Juliana Ogungbangbe August 23, 2024
    by Ikeoluwa Juliana Ogungbangbe August 23, 2024

    Kenya’s government plans to provide electric vehicles to police officers, marking a significant step in the country’s transition to sustainable transport.

  • In the News

    Tilenga and Kingfisher Projects Reach Major Milestones in Uganda

    by Motoni Olodun August 23, 2024
    by Motoni Olodun August 23, 2024

    The Tilenga and Kingfisher oil projects in Uganda have achieved significant milestones, advancing the country’s goal of becoming a major oil producer by 2025.

  • In the News

    Brazil’s Renewable Energy Growth Threatened by Grid Caps

    by Victor Adetimilehin August 23, 2024
    by Victor Adetimilehin August 23, 2024

    Brazil’s renewable energy sector faces significant challenges as grid caps imposed by the National Electric System Operator lead to financial losses and doubts about future investments.

  • In the News

    Egypt Targets Full Oil, Gas Production Recovery by 2025

    by Victor Adetimilehin August 23, 2024
    by Victor Adetimilehin August 23, 2024

    Egypt plans to restore its oil and gas production to previous levels by 2025, with the help of international partners and strategic investments, according to Prime Minister Mostafa Madbouly.

  • In the News

    Malawi Women Transform Waste into Eco-Friendly Fuel, Boosting Livelihoods

    by Adenike Adeodun August 22, 2024
    by Adenike Adeodun August 22, 2024

    Malawi women turn agricultural waste into biomass briquettes, offering a sustainable alternative to firewood and improving village life.

  • In the News

    Nigeria Brings Solar Power to Communities Without Electricity for Over a Century

    by Ikeoluwa Juliana Ogungbangbe August 22, 2024
    by Ikeoluwa Juliana Ogungbangbe August 22, 2024

    Nigeria brings solar power to three remote communities, ending a century-long absence of electricity.

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Nigeria’s Oil Boom: Record Production in September 2023

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