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  • In the News

    Nigeria Left Out of US Oil Giants’ 2024 Budgets

    by Motoni Olodun December 18, 2023
    by Motoni Olodun December 18, 2023

    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

    Chevron to Boost Oil and Gas Spending by 11% in 2024

    by Victor Adetimilehin December 7, 2023
    by Victor Adetimilehin December 7, 2023

    Chevron Corp, one of the world’s largest oil and gas companies, announced on Wednesday that it expects to spend between $18.5 billion and $19.5 billion on new projects in 2024, …

  • In the News

    ExxonMobil and Chevron Buck the Trend: Doubling Down on Fossil Fuels

    by Motoni Olodun October 30, 2023
    by Motoni Olodun October 30, 2023

    In a world striving to balance escalating energy demands with the urgent need to reduce greenhouse gas emissions, a surprising development has emerged. ExxonMobil and Chevron, two of the largest …

  • In the NewsOil & Gas

    Israel Finds New Route for Gas Exports to Egypt Amid Gaza Conflict 

    by Motoni Olodun October 11, 2023
    by Motoni Olodun October 11, 2023

    Israel has resumed its natural gas exports to Egypt after a brief interruption caused by the escalating violence in the Gaza Strip. The gas, which comes from the offshore Tamar …

  • In the News

    Australian Chevron Plant Hit by Strikes, Technical Glitches

    by Adenike Adeodun September 14, 2023
    by Adenike Adeodun September 14, 2023

    On Thursday, a company representative confirmed that a setback at Chevron’s famous Wheatstone facility in Australia affected about 25% of its liquefied natural gas (LNG) output. Meanwhile, the employees are …

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  • Nigeria Meets OPEC Oil Quota for Fifth Straight Month
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  • South Africa plans to procure 5 GW of gas-fired power and 4.6 GW of battery storage

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Nigeria’s Oil Boom: Record Production in September 2023

Africa Energy Bank to start financing projects in 2027, APPO secretary general says
Oil prices retreat as Hormuz shipping attacks meet US push to ease tanker sanctions

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Africa Energy Bank to start financing projects in 2027,...
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