Top fossil fuel companies amassed $420 billion in ‘surplus’ profits, sparking debate on windfall taxes for climate action funding.
In the News
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The Organization of the Petroleum Exporting Countries (OPEC) has released its first-ever forecast for oil demand in 2025, and it may surprise some analysts and investors. According to OPEC, the…
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Energy TransitionIn the News
Strohm Successfully Deploys Pioneering TCP Jumper for TotalEnergies in West Africa
Strohm’s groundbreaking TCP technology makes waves in West Africa as it successfully deploys its first jumper for TotalEnergies, showcasing environmental sustainability.
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In a strategic political realignment, oil tycoon Chris Igwe, alongside over 5,000 supporters, defects from PDP to APC following discussions with Senator Orji Uzor Kalu.
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Puma Energy, a leading global energy company, has announced the completion of its acquisition of AirBP’s aviation fuel assets in Mozambique, following approval from the Competition Regulatory Authority (ARC). The…
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Shell divests its onshore oil and gas assets in Nigeria to a consortium, marking a significant change in the oil sector.
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Shell, the British energy giant, has agreed to sell its onshore oil and gas business in Nigeria to a consortium of mostly local companies for up to $2.4 billion, ending…
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ERG collaborates with Thara Future Investment Company to develop a cutting-edge cobalt refinery in Saudi Arabia, aiming to revolutionize the electric vehicle battery market.
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The Iran-backed rebels have vowed to target American vessels in response to US and British strikes on their sites in Yemen. The Red Sea, a vital shipping route that connects…
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Kenya has seen a sharp rise in its electricity imports from neighboring countries in the past year, as the power demand outstrips the supply from its generation sources. According to…