Nigeria, Africa’s largest oil producer, has been overlooked by two of the biggest American oil companies in their 2024 spending plans. Chevron and ExxonMobil have announced their budgets for next…
In the News
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The U.S. ethanol industry is celebrating a major victory this week. President Joe Biden has decided to recognize a scientific model that would allow ethanol-based jet fuel to qualify for…
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South Africa unveils major energy tenders for wind, solar, and gas power, aiming to boost sustainable electricity generation.
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The global oil market has been on a roller coaster ride in the past few years, with prices surging and plunging due to geopolitical events, supply disruptions, demand shocks and…
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Key summits in Africa spotlight the continent’s potential in energy, emphasizing sustainable growth and transformative sector developments.
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South Africa’s state-owned electricity provider Eskom is heading for its seventh consecutive full-year loss as the country grapples with frequent power cuts and rising debt. The utility posted a 1.62…
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East Africa is on the verge of establishing a regional energy union that would provide reliable and affordable energy to the business sector and the citizens of the bloc. The…
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Oil prices plunged to their lowest levels in six months on Tuesday, as investors worried about the outlook for the global energy market. The Brent crude oil price, the international…
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Dangote Petroleum Refinery receives its first crude shipment, starting production and signaling a new era in Nigeria’s oil industry.
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Oil prices fell on Tuesday, reversing earlier gains, as worries about excess supply and sluggish demand growth overshadowed rising security risks in the Middle East after a missile attack by…