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Energy

  • Energy Transition

    Italy’s $6 Billion Plan to Boost Energy and Education in Africa

    by Motoni Olodun January 30, 2024
    by Motoni Olodun January 30, 2024

    Italy has unveiled a $6 billion fund to strengthen its energy and education ties with Africa, as a way to address the root causes of migration and to support the …

  • Oil & Gas

    Dangote Refinery Breaks New Ground with US Crude Oil Purchase

    by Motoni Olodun January 30, 2024
    by Motoni Olodun January 30, 2024

    Nigeria’s Dangote refinery, the largest in Africa, has made history by importing crude oil from the US for the first time. The refinery is seen as a game-changer for Nigeria’s …

  • In the NewsOil & Gas

    Uganda’s Oil Refinery Project Gets a Boost from UAE Investor

    by Motoni Olodun January 29, 2024
    by Motoni Olodun January 29, 2024

    Uganda has announced a new partner for its long-delayed oil refinery project, a United Arab Emirates (UAE) firm with no prior experience in the sector. The government hopes that the …

  • In the News

    ExxonMobil Eyes Algeria for Oil and Gas Investments

    by Motoni Olodun January 10, 2024
    by Motoni Olodun January 10, 2024

    Algeria is in talks with the U.S. oil giant ExxonMobil to boost its oil and gas output, according to an energy ministry statement on Tuesday. The statement said that a …

  • In the News

    Exxon’s California Exit Dents Earnings Amid Low Oil Prices

    by Victor Adetimilehin January 6, 2024
    by Victor Adetimilehin January 6, 2024

    Exxon Mobil Corp, the largest U.S. oil producer, reported a drop in its fourth-quarter earnings on Thursday, as it wrote down $2.5 billion of assets in California and faced lower …

  • Oil & Gas

    Oil Prices Soar as Biden Restocks Emergency Reserve

    by Victor Adetimilehin January 5, 2024
    by Victor Adetimilehin January 5, 2024

    The price of oil climbed higher on Wednesday after President Joe Biden said he would replenish the Strategic Petroleum Reserve (SPR), the world’s largest emergency oil stash. Biden’s decision came …

  • In the News

    Libya Prepares for Key Energy Summit in 2024

    by Adenike Adeodun January 2, 2024
    by Adenike Adeodun January 2, 2024

    Libya’s Energy and Economic Summit in 2024, set to be a hub for energy sector investments and global partnership opportunities.

  • In the News

    Mozambique’s Power Grid Under Attack: How Vandals Are Sabotaging the Country’s Energy Supply

    by Motoni Olodun January 2, 2024
    by Motoni Olodun January 2, 2024

    Mozambique is facing a serious threat to its electricity supply as criminals target its power infrastructure, causing millions of dollars in losses and leaving thousands of people in the dark. …

  • Markets

    Angola Quits OPEC, Shaking Up Oil Market

    by Motoni Olodun December 22, 2023
    by Motoni Olodun December 22, 2023

    Angola, Africa’s second-largest oil producer, has announced its decision to leave the Organization of the Petroleum Exporting Countries (OPEC), a move that could have significant implications for the global oil …

  • Oil & Gas

    Nigeria’s Gas Flaring Woes: How to Turn Waste into Wealth

    by Motoni Olodun December 21, 2023
    by Motoni Olodun December 21, 2023

    Nigeria, Africa’s largest oil producer, has been burning off its natural gas for decades, wasting a valuable resource and harming the environment. But with new policies and technologies, the country …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

ExxonMobil Criticizes EU’s Climate Strategy, Says High Costs Hurt Industry
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Latest Stories

ExxonMobil Criticizes EU’s Climate Strategy, Says High Costs Hurt...
Libya’s Dbeibah Courts U.S. Investment With Oil and Energy...
Eskom Supplier Jailed for Fraud, Ordered to Repay R2.6...

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