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In the News

  • In the NewsOil & Gas

    Eni and BP Resume Onshore Oil Exploration in Libya

    by Ikeoluwa Juliana Ogungbangbe October 27, 2024
    by Ikeoluwa Juliana Ogungbangbe October 27, 2024

    Eni and BP resume onshore exploration in Libya’s Ghadames Basin, signaling renewed international interest in Libya’s oil sector

  • In the NewsOil & Gas

    Nigerian Energy Mogul Aisha Achimugu, Global Petroleum Group Launch $8 Billion Offshore Oil Project in Grenada

    by Oluwatosin Racheal Alabi October 26, 2024
    by Oluwatosin Racheal Alabi October 26, 2024

    Key Points Aisha Achimugu, CEO of Oceangate Oil and Gas Engineering, has partnered with Global Petroleum Group to develop offshore oil and gas resources near Grenada, with the project valued …

  • In the News

    Top 5 Hydropower Projects in Africa and Their Regional Impact

    by Adenike Adeodun October 26, 2024
    by Adenike Adeodun October 26, 2024

    Explore Africa’s leading hydropower projects, from Ethiopia’s Grand Renaissance Dam to Tanzania’s Julius Nyerere Dam, and how they drive sustainable growth.

  • In the News

    New Mexico Weighs Oil Drilling Limits Amid Revenue Concerns

    by Victor Adetimilehin October 26, 2024
    by Victor Adetimilehin October 26, 2024

    New Mexico examines proposed oil drilling setbacks that could impact production and state revenue, sparking debate on public health versus economic needs.

  • In the News

    Chevron Nigeria Makes Offshore Oil Discovery in Niger Delta

    by Motoni Olodun October 25, 2024
    by Motoni Olodun October 25, 2024

    Chevron Nigeria’s new shallow offshore discovery in the Western Niger Delta boosts Nigeria’s oil reserves, with further appraisals planned to assess viability.

  • In the News

    Treasury Extends Clean Energy Tax Credit to U.S. Miners

    by Victor Adetimilehin October 25, 2024
    by Victor Adetimilehin October 25, 2024

    U.S. Treasury now allows mining companies to access clean energy tax credits, promoting domestic production of critical minerals crucial to climate goals.

  • In the News

    Europe Faces Challenges in Meeting Offshore Wind Targets

    by Adenike Adeodun October 25, 2024
    by Adenike Adeodun October 25, 2024

    Europe faces rising costs and regulatory delays as it struggles to meet its offshore wind targets, with industry leaders urging improvements to meet the region’s renewable energy goals.

  • In the News

    Golden Pass LNG Plant Granted Extension Over Contractor Delays

    by Ikeoluwa Juliana Ogungbangbe October 25, 2024
    by Ikeoluwa Juliana Ogungbangbe October 25, 2024

    Federal regulators approved a 3-year extension for Golden Pass LNG plant as Exxon and Qatar Energy address delays due to contractor bankruptcy

  • In the News

    Q3 Surge in Renewables Registrations to 2GW Signals Market Shift in South Africa

    by Motoni Olodun October 24, 2024
    by Motoni Olodun October 24, 2024

    South Africa’s renewable energy registrations surged by 2 GW in Q3 2024, indicating a shift from loadshedding concerns to the economic and sustainability benefits of renewables.

  • Energy TransitionIn the NewsMarketsOil & Gas

    US Crude Stockpiles Surge as Imports Rise, Refineries Ramp Up

    by Victor Adetimilehin October 24, 2024
    by Victor Adetimilehin October 24, 2024

    KEY POINTS • U.S. crude inventories increased by 5.5 million barrels, driven by higher imports.• Gasoline stocks rose unexpectedly by 900,000 barrels as refineries ramped up production.• Distillate stockpiles fell …

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  • Dangote Refinery Cuts Petrol Price by N25, Bringing Gantry Rate to N774 per Litre
  • Nigerian Oil & Gas Sector Surges 31% in 2026
  • Nigeria’s Oil Price Slides Below $69 Amid Rising US-Iran Tensions
  • Conoil Records Lowest Profit in Five Years Amid Rising Debt and Borrowing Costs
  • Aiteo Breaks New Ground in Libya as Benedict Peters Expands African Energy Footprint

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Dangote Refinery Cuts Petrol Price by N25, Bringing Gantry Rate to N774 per Litre
Nigerian Oil & Gas Sector Surges 31% in 2026

Latest Stories

Dangote Refinery Cuts Petrol Price by N25, Bringing Gantry...
Nigerian Oil & Gas Sector Surges 31% in 2026
Nigeria’s Oil Price Slides Below $69 Amid Rising US-Iran...

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