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  • GovernmentIn the NewsMarkets

    Armenian PM Signals Readiness to Revisit Zangezur Corridor in Talks

    by Ikeoluwa Juliana Ogungbangbe February 5, 2025
    by Ikeoluwa Juliana Ogungbangbe February 5, 2025

    Armenian PM Nikol Pashinyan hints at flexibility in Zangezur corridor negotiations, aiming to revive peace talks with Azerbaijan while balancing economic interests

  • In the News

    Africa Energy Bank Set for Mid-Year Launch as South Africa Shows Interest

    by Adenike Adeodun February 5, 2025
    by Adenike Adeodun February 5, 2025

    Africa Energy Bank is set to launch mid-2025 with $5 billion in funding to support oil and gas projects across the continent.

  • In the News

    Iraq Endorses Compensation Plan to Resolve Kurdistan Oil Dispute

    by Adenike Adeodun February 3, 2025
    by Adenike Adeodun February 3, 2025

    Iraq’s parliament approves an oil subsidy plan, increasing payments to $16 per barrel to restart Kurdish exports and resolve the Baghdad-Erbil dispute.

  • In the News

    Why Power Blackouts Are Becoming More Frequent in Africa

    by Adenike Adeodun January 30, 2025
    by Adenike Adeodun January 30, 2025

    Africa faces increasing power blackouts due to aging infrastructure, surging demand, climate change impacts, and governance issues.

  • In the News

    U.S. Oilfield Firms Struggle as Fracking Demand and Prices Drop

    by Adenike Adeodun January 29, 2025
    by Adenike Adeodun January 29, 2025

    Oilfield service firms are struggling as drilling activity slows and prices decline, forcing many into rising debt and potential bankruptcy.

  • In the News

    5 Most Ambitious Renewable Energy Goals in Africa

    by Adenike Adeodun January 28, 2025
    by Adenike Adeodun January 28, 2025

    Africa’s ambitious renewable energy goals aim to significantly increase capacity and connect millions to sustainable power by 2030.

  • In the News

    EU Considering Suspension of Syria Sanctions on Energy and Transport

    by Adenike Adeodun January 27, 2025
    by Adenike Adeodun January 27, 2025

    The EU is weighing relief on Syria sanctions for energy and transport sectors to support infrastructure rebuilding and economic recovery.

  • In the News

    Venture Global’s $58 Billion IPO Faces Mixed Investor Sentiment

    by Adenike Adeodun January 25, 2025
    by Adenike Adeodun January 25, 2025

    Venture Global’s $58 billion IPO marks a historic moment for the LNG industry, but investor caution clouds the debut.

  • Oil & Gas

    Algeria’s Gas Reserves: A Pillar of Stability for Europe’s Energy Security

    by Feyisayo Ajayi January 24, 2025
    by Feyisayo Ajayi January 24, 2025

    Algeria’s vast gas reserves are a cornerstone of Europe’s energy stability, supporting diversification, reducing Russian dependence, and fostering sustainable energy cooperation.

  • In the News

    The Challenges of Energy Regulation in Africa’s Rapidly Evolving Markets

    by Adenike Adeodun January 23, 2025
    by Adenike Adeodun January 23, 2025

    Africa’s energy sector is transforming rapidly, presenting regulatory challenges such as policy harmonization, investment attraction, renewable integration, and building institutional capacity.

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Nigeria’s Oil Boom: Record Production in September 2023

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