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In the News

  • In the News

    Snam Plans $15.8 billion Investment to Ready Gas Grid for Green Fuels

    by Adenike Adeodun October 18, 2024
    by Adenike Adeodun October 18, 2024

    Snam plans to invest €14.5 billion ($15.8 billion) to upgrade its gas infrastructure for hydrogen and biomethane, aligning with its carbon neutrality goals by 2040.

  • In the News

    Oil Industry Struggles to Curb Gas Flaring Amid Global Pressure

    by Motoni Olodun October 17, 2024
    by Motoni Olodun October 17, 2024

    Oil and gas companies face challenges in reducing flaring, with pressure mounting from environmental regulations and global emissions targets

  • In the News

    Eskom Seeks Approval for 36.1% Electricity Price Hike by 2025

    by Ikeoluwa Juliana Ogungbangbe October 17, 2024
    by Ikeoluwa Juliana Ogungbangbe October 17, 2024

    Eskom proposes a 36.1% price hike in 2025, adding to South Africa’s economic struggles and increasing pressure on consumers and businesses

  • In the News

    US Approves $3 Billion in Sustainable Fuel Loan Guarantees

    by Victor Adetimilehin October 17, 2024
    by Victor Adetimilehin October 17, 2024

    The U.S. approves nearly $3 billion in loan guarantees to support sustainable aviation fuel production, boosting efforts to meet biofuel goals by 2050.

  • In the News

    Hurricane Impact Boosts U.S. Generator Sales as Demand Surges

    by Adenike Adeodun October 17, 2024
    by Adenike Adeodun October 17, 2024

    Generac Power Systems is responding to a surge in generator demand due to hurricanes, expanding operations and adding 400 jobs to meet the growing need for standby power in storm-affected …

  • In the News

    Kenya Signs Deal With Adani Energy to Boost Power Transmission

    by Ikeoluwa Juliana Ogungbangbe October 16, 2024
    by Ikeoluwa Juliana Ogungbangbe October 16, 2024

    Ketraco partners with Adani Energy to finance and expand Kenya’s power grid, aiming to reduce outages and improve supply efficiency

  • In the News

    AIQ and Inception Forge Energy Collaborations at GITEX 2024

    by Motoni Olodun October 16, 2024
    by Motoni Olodun October 16, 2024

    AIQ and Inception announced a new partnership at GITEX 2024, focusing on using AI to optimize energy resources in Africa and the Middle East.

  • In the News

    Exxon Plans Sale of Assets in North Dakota’s Bakken Shale

    by Adenike Adeodun October 16, 2024
    by Adenike Adeodun October 16, 2024

    ExxonMobil plans to sell assets in North Dakota’s Bakken shale to focus on high-growth resources, part of its strategy following the Pioneer merger.

  • In the News

    Canada Halts Imperial Oil’s Permit Renewal Amid Review

    by Victor Adetimilehin October 16, 2024
    by Victor Adetimilehin October 16, 2024

    Canada’s energy regulator suspends Imperial Oil’s permit renewal for the Norman Wells facility, pending environmental assessment.

  • In the News

    Oil Prices Drop 2-Percent Amid Demand Concerns and Israel’s Comments

    by Motoni Olodun October 15, 2024
    by Motoni Olodun October 15, 2024

    Oil prices fell by 2% on Monday due to global demand concerns and comments from Israel’s government, with WTI and Brent crude experiencing sharp declines.

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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
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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