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Energy

  • 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 …

  • Government

    Nigeria’s Oil Sector Stagnates as Red Tape Holds Back Investment

    by Motoni Olodun December 11, 2023
    by Motoni Olodun December 11, 2023

    Nigeria, Africa’s largest oil producer, is failing to attract new investment into its energy sector due to bureaucratic hurdles and regulatory uncertainty. According to data from the Nigerian Upstream Petroleum …

  • Oil & Gas

    Nigeria’s Energy Future Brightens as Dangote Refinery Receives More Crude Oil

    by Motoni Olodun December 10, 2023
    by Motoni Olodun December 10, 2023

    Nigeria is on the verge of becoming a major player in the global oil market as the Dangote refinery, the largest single-train refinery in the world prepares to start operations …

  • Energy Transition

    How South Africa’s Coal Exit Deal Could Inspire Other Nations

    by Victor Adetimilehin December 1, 2023
    by Victor Adetimilehin December 1, 2023

    Environment Minister Barbara Creecy urges developing nations to make sure energy security and jobs are prioritized in any arrangement

  • Energy Transition

    Coal Power: A Necessary Evil for South Africa’s Energy Crisis?

    by Motoni Olodun December 1, 2023
    by Motoni Olodun December 1, 2023

    South Africa is facing a severe energy crisis as the state-owned utility Eskom struggles to keep up with the demand for electricity. The country has been plagued by frequent and …

  • In the News

    EU to Cut Methane Emissions, Targets Energy Importers 

    by Victor Adetimilehin November 14, 2023
    by Victor Adetimilehin November 14, 2023

    The European Union (EU) is set to announce a deal to reduce methane emissions from the energy sector, a move that could have global implications for major energy importers. The …

  • Oil & Gas

    Germany Eyes West Africa for Enhanced Oil, Gas Imports

    by Oluwatosin Racheal Alabi October 30, 2023
    by Oluwatosin Racheal Alabi October 30, 2023

    To address energy concerns, German Chancellor Olaf Scholz initiates discussions with Nigeria and other West African nations. The focus is on importing more oil and gas. Scholz, on his third …

  • Energy Transition

    Eni Continues Global LNG Expansion with New Deals in Indonesia and Beyond

    by Victor Adetimilehin October 26, 2023
    by Victor Adetimilehin October 26, 2023

    Eni, a leading energy company, is strategically advancing its liquefied natural gas (LNG) portfolio with significant developments in Indonesia and other key regions. This expansion drive follows a recent agreement …

  • 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 …

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