Petrobras, ExxonMobil, and Chevron have won exploration rights in Brazil’s Equatorial Margin, a frontier offshore oil…
Category: Prospects & Challenge
Kenya Eyes Nuclear Power to Strengthen Energy Grid
Kenya’s Ministry of Energy and Petroleum, led by Cabinet Secretary James Opiyo Wandayi, announced on June…
Africa Faces 2.5 Gigatonne Emissions Threat from Carbon Markets
A new report by Power Shift Africa, a climate think tank, warns that carbon market schemes…
California Fast-Tracks 4.6 GW Battery Project Paired with 1.1 GW Solar
The California Energy Commission (CEC) approved the Darden Clean Energy Project, the first to be fast-tracked…
Nigeria’s Crude Prices Surge Above $77 Amid Middle East Tensions
Nigeria’s major crude oil grades, Bonny Light, Brass River, and Qua Iboe, rose above $77 per…
Morocco Poised to Become Key Green Hydrogen Link to Europe
A recent scientific paper, “Mapping the Cost Competitiveness of African Green Hydrogen Imports to Europe,” reaffirmed…
Oil Markets Spike After Israeli Assault on Iran’s Nuclear Infrastructure
Israel has launched a series of coordinated airstrikes on Iran, targeting nuclear facilities in what it…
$5.8 Billion Project Positions South Africa as Ammonia Leader
A $5.8 billion project on South Africa’s east coast seeks to use the country’s infrastructure and…
EU’s Draft Reveals Nuclear Energy Plans Demand €241 Billion Investment
The European Commission stated on Friday, June 13, that European Union countries will need to invest…
Nigeria’s $5 Billion Oil-Backed Loan Deal with Saudi Aramco Faces Delays
Nigeria and Saudi Aramco are facing challenges in finalising a $5 billion loan. It was reported…