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Oil & Gas

Featured posts

  • Oil & Gas

    Banks Tighten Purse Strings for Oil Refiners Amid Climate Concerns Finance News

    by Oluwatosin Racheal Alabi October 27, 2023
    by Oluwatosin Racheal Alabi October 27, 2023

    In the changing landscape of global finance, oil refiners confront a significant challenge: securing funding. With environmental concerns reshaping fiscal policies, banks worldwide are retracting their financial support for fossil …

  • Energy TransitionOil & Gas

    Ghana Grapples with Severe Power Cuts

    by Oluwatosin Racheal Alabi October 27, 2023
    by Oluwatosin Racheal Alabi October 27, 2023

    In a stark reminder of the complexities of energy security, Ghana faces a significant setback as a gas supply shortage triggers a 550MW plunge in electricity generation, casting parts of …

  • Oil & Gas

    Africa’s Energy Future: $800 Billion Investment in Oil and Gas

    by Motoni Olodun October 25, 2023
    by Motoni Olodun October 25, 2023

    Africa is undergoing a massive transformation in its energy sector, with an estimated $800 billion investment in upstream oil and gas projects over the next 20 years. According to a …

  • In the NewsOil & Gas

    Nigeria’s PTI Launches Modular Refinery, Eyes Commercial Growth

    by Motoni Olodun October 24, 2023
    by Motoni Olodun October 24, 2023

    Nigeria’s Petroleum Training Institute (PTI), a subsidiary of the Federal Ministry of Petroleum Resources, has announced the completion of its modular refinery project, marking a significant step towards expanding its …

  • MarketsOil & Gas

    Fuel Scarcity Worsens as 86 Firms Relinquish Petrol Import Permits

    by Oluwatosin Racheal Alabi October 24, 2023
    by Oluwatosin Racheal Alabi October 24, 2023

    Fuel scarcity in Nigeria is set to worsen as 86 oil trading companies have reportedly surrendered their permits to import Premium Motor Spirit (PMS), commonly known as petrol. This development, …

  • Energy TransitionOil & Gas

    Gazprom to Ramp Up Gas Exports to China and Hungary amid Winter Demand Surge

    by Motoni Olodun October 23, 2023
    by Motoni Olodun October 23, 2023

    Russia’s state-owned gas giant Gazprom has announced plans to increase its natural gas supply to China and Hungary this winter, as both countries face rising demand for heating and power …

  • Oil & Gas

    Nigeria’s Oil Scene Set for Big Evolution Amid Strains

    by Oluwatosin Racheal Alabi October 21, 2023
    by Oluwatosin Racheal Alabi October 21, 2023

    Nigeria’s oil industry is witnessing a significant transformation, addressing ongoing infrastructural deficits with innovative solutions. Aiteo, Nigeria’s top independent oil producer, is spearheading this change with strategies poised to redefine …

  • Oil & Gas

    Africa’s Gas Boom: How the Continent is Becoming a Key Supplier of Energy

    by Motoni Olodun October 20, 2023
    by Motoni Olodun October 20, 2023

    Africa is experiencing a surge in natural gas production and exports, driven by global demand and the development of new and innovative technologies. The continent has abundant gas resources, estimated …

  • Energy TransitionOil & Gas

    Nigeria Grapples with Fuel Import Slump Amid Subsidy Controversy

    by Oluwatosin Racheal Alabi October 19, 2023
    by Oluwatosin Racheal Alabi October 19, 2023

    *Sudden Downturn in Fuel Imports* Nigeria’s landscape of fuel imports has hit a staggering low, leaving depots scrambling and triggering a cascade of shutdowns among numerous filling stations. The ones …

  • Oil & Gas

    Uganda-Tanzania Oil Pipeline: A Game-Changer or a Pipe Dream?

    by Motoni Olodun October 18, 2023
    by Motoni Olodun October 18, 2023

    Uganda and Tanzania are on the verge of finalizing a $4 billion deal to build a crude oil pipeline that could transform the region’s economy and energy sector. The project, …

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Nigeria’s Oil Boom: Record Production in September 2023

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Egypt Courts Global Energy Majors to Bolster Gas Future
South Africa Regulator’s R54 Billion Eskom Error Fuels Public...
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