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Energy Sector

  • In the News

    Chesapeake’s $7.4 Billion Deal: A Game Changer for Energy Sector

    by Victor Adetimilehin January 12, 2024
    by Victor Adetimilehin January 12, 2024

    Chesapeake Energy, the second-largest natural gas producer in the United States, has announced a $7.4 billion deal to acquire its smaller rival, Southwestern Energy. The all-stock transaction, which values Southwestern …

  • In the News

    Winter Storm Wreaks Havoc on US East Coast Power Grid

    by Victor Adetimilehin January 11, 2024
    by Victor Adetimilehin January 11, 2024

    A massive winter storm swept across the U.S. East Coast from Florida to Maine on Wednesday, leaving more than half a million homes and businesses without power. The storm brought …

  • Oil & Gas

    Oando, Afreximbank Sign $800M Deal for Major Oil Sector Move

    by Adenike Adeodun November 15, 2023
    by Adenike Adeodun November 15, 2023

    Oando Plc, Nigeria’s leading indigenous energy firm, has recently partnered with Afreximbank to facilitate a major acquisition. They signed an $800 million loan agreement to fully acquire the Nigerian Agip …

  • In the NewsMarketsOil & Gas

    Nigeria’s Oil Production Boost a $7.6 Billion Necessity

    by Oluwatosin Racheal Alabi November 7, 2023
    by Oluwatosin Racheal Alabi November 7, 2023

    Nigeria requires $7.6 billion to elevate oil output to 2.1 million bpd by 2025, amidst energy sector shifts.

  • In the News

    MSGBC Basin’s Rise: Energizing Africa Through Local Partnerships

    by Adenike Adeodun October 27, 2023
    by Adenike Adeodun October 27, 2023

    The MSGBC Basin is becoming a new powerhouse in the global energy sector, with Senegal and Mauritania poised for their first gas production in 2024. They aim to boost local …

  • AnalysisMarkets

    Unlocking Guinea-Conakry’s Hydrocarbon Potential

    by Oluwatosin Racheal Alabi October 1, 2023
    by Oluwatosin Racheal Alabi October 1, 2023

    In the era of dynamic leadership under President Colonel Mamadi Doumbouya, Guinea-Conakry is on an ambitious journey to develop its oil and gas sector. Spearheaded by the National Oil Company …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Middle East Oil Exports Hit Highest Level Since Iran War as Saudi Shipments Surge
White House Eyes Red-Dyed Diesel Tax Break as Prices Top $6 a Gallon

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Middle East Oil Exports Hit Highest Level Since Iran...
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