OPEC projects robust oil demand and economic growth despite challenges, maintaining optimism for the future of the global oil market.
In the News
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Brazil’s state-run oil company Petrobras has reached an agreement with Abu Dhabi’s sovereign investor Mubadala to take back control of a refinery in Bahia, while also partnering with the fund…
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Nigerian DisCos face penalties for overcharging unmetered customers, as NERC takes decisive action to enforce billing regulations and protect consumers.
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South Africa’s Boston Hydro project heralds a new era in renewable energy, blending wind, hydro, and solar for sustainable power.
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Diamondback Energy, a U.S. oil producer, announced on Monday that it will acquire Endeavor Energy Partners, a privately held rival, in a cash-and-stock deal worth $26 billion. The deal is…
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The Niger Delta faces an environmental catastrophe with over 36.1 million litres of oil spilled, devastating local communities and ecosystems.
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With global diesel inventories dwindling, an industrial rebound in North America and Europe could trigger a sharp rise in fuel prices next year.
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South Africa’s state-owned power utility, Eskom, has announced that it will reduce the intensity of load shedding from stage 6 to stage 5 on Sunday from noon. This comes after…
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TotalEnergies CEO expresses unwavering confidence in Namibian drilling prospects, reinforcing company’s exploration endeavors.
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The Africa Green Economy Summit presents an unparalleled investment opportunity, featuring over $1 billion in green projects aimed at propelling Africa towards a sustainable and prosperous future.