energy market

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has said Africa is becoming one of the most important regions in the global energy industry as geopolitical tensions and supply …

KEY POINTS Shell plc has projected a decline in its first-quarter gas production alongside a significant short-term strain on liquidity, largely driven by disruptions linked to the ongoing tensions involving …

KEY POINTS Egypt’s strategic position at the intersection of regional supply routes, energy infrastructure, and rising demand has made it a critical energy market, according to Shell Egypt’s Vice President …

The recent electricity market deregulation in South Africa and Zambia is expected to attract significant private investment, fostering economic growth and boosting energy security. By dismantling monopolistic structures and introducing …

U.S. natural gas producers plan strategic production cuts amid falling prices, with major companies like EQT and Apache adjusting their output to balance supply and demand.

EDF suffers a major setback as it loses the Czech nuclear bid to Korea’s KHNP, highlighting ongoing challenges with delays and rising costs.

Oil prices hold steady as investors monitor Storm Beryl’s potential impact on Texas oil production and refining operations, awaiting clearer indications.

China’s Sinopec, the world’s largest oil refiner, reported a 9.9% decline in 2023 net profit. Despite the decrease, the company benefited from a strong rebound in domestic fuel demand, particularly …

OPEC’s latest report offers an optimistic forecast for global oil demand, projecting strong growth through 2024 and 2025 amidst geopolitical tensions and supply disruptions.

Since the European Union imposed sanctions on Russia’s energy exports in 2022, following its invasion of Ukraine, Moscow has been looking for new markets to sell its oil. And it …