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In the News

  • In the News

    Cuba’s Power Grid Collapses Again as Hurricane Oscar Hits

    by Ikeoluwa Juliana Ogungbangbe October 21, 2024
    by Ikeoluwa Juliana Ogungbangbe October 21, 2024

    Cuba’s power grid collapsed again amid Hurricane Oscar, leaving millions without electricity and further straining the island’s already fragile infrastructure

  • In the News

    Oil Prices Stabilize After Seven Weeks of Decline

    by Motoni Olodun October 21, 2024
    by Motoni Olodun October 21, 2024

    Oil prices have steadied after seven consecutive weeks of decline, as global supply and demand factors and geopolitical tensions influence market trends.

  • In the News

    Shell and Singapore Authorities Tackle Pipeline Oil Spill

    by Victor Adetimilehin October 21, 2024
    by Victor Adetimilehin October 21, 2024

    Shell and Singapore’s Maritime and Port Authority have successfully contained a pipeline oil leak, deploying advanced clean-up measures to mitigate environmental impact.

  • In the News

    Serbia Secures Winter Gas Supply from Russia with Putin’s Help

    by Adenike Adeodun October 21, 2024
    by Adenike Adeodun October 21, 2024

    Serbia ensures its natural gas needs are met this winter with Russia’s help, as President Vucic thanks Putin for securing energy supplies amid EU pressures.

  • In the News

    Cuba Works to Restore Power After Second Grid Collapse

    by Ikeoluwa Juliana Ogungbangbe October 20, 2024
    by Ikeoluwa Juliana Ogungbangbe October 20, 2024

    Cuba faces widespread blackouts as the national grid collapses twice in 24 hours, leaving millions without electricity amidst a worsening energy crisis

  • In the News

    SLB Profit Rises, but Company Warns of Lower Fourth Quarter Revenue

    by Victor Adetimilehin October 19, 2024
    by Victor Adetimilehin October 19, 2024

    SLB posts a 13 percent rise in Q3 profit but warns of slower revenue growth in Q4 as weak oil prices and customer spending cuts impact the oilfield services company.

  • In the News

    Pemex Cuts Spending to Save Over $1 Billion Amid Resource Optimization

    by Adenike Adeodun October 19, 2024
    by Adenike Adeodun October 19, 2024

    Pemex announces $1.35 billion in spending cuts, prioritizing high-producing wells while deferring projects to optimize resources amid financial challenges.

  • Energy TransitionIn the News

    Africa’s Roam Air Electric Motorcycle Completes 6,000km Solar-Powered Journey

    by Ikeoluwa Juliana Ogungbangbe October 18, 2024
    by Ikeoluwa Juliana Ogungbangbe October 18, 2024

    Roam Air electric motorcycle completes a 6,000 km solar-powered journey across Africa, showcasing clean energy’s potential for sustainable transport solutions

  • In the News

    South Africa’s First Private Utility-Scale Battery Projects Reach Milestone

    by Motoni Olodun October 18, 2024
    by Motoni Olodun October 18, 2024

    The first two private utility-scale battery projects in South Africa have reached commercial close, signaling progress in the country’s energy storage development.

  • In the News

    Ukraine Calls for Stronger Nuclear Safety Amid Ongoing Conflict

    by Victor Adetimilehin October 18, 2024
    by Victor Adetimilehin October 18, 2024

    Ukraine urges intensified international efforts to ensure nuclear safety as Russia continues to occupy the Zaporizhzhia nuclear plant.

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  • Conoil Records Lowest Profit in Five Years Amid Rising Debt and Borrowing Costs
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Nigeria’s Oil Boom: Record Production in September 2023

Dangote Refinery Cuts Petrol Price by N25, Bringing Gantry Rate to N774 per Litre
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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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