At COP28, representatives from almost 200 countries agreed on reducing global fossil fuel consumption to combat…
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COP28: Delegates Debate Tackling Global Warming
Representatives from nearly 200 nations gathered at the COP28 climate summit in Dubai have conflicting ideas…
Crude Oil Production Rose to 1.6mbpd in October
Crude oil production in Nigeria, including condensate, rose year-on-year by 30 per cent to 1.6 million barrels…
AEC Predicts Decline in Oil Production in 2024
According to a report by the Africa Energy Chamber, Africa is likely to have a flat…
Angola to Remove Fuel Subsidies By 2025
The finance minister of Angola, Vera Daves de Sousa, has said that Angola will forge ahead…
Saudi Arabia, Russia to Continue Additional Voluntary Oil Cuts
Major oil exporters, Saudi Arabia and Russia, have confirmed that they would continue their additional voluntary…
NNPC to Supply Dangote Refinery with Crude Oil
The Nigerian National Petroleum Corporation (NNPC) Ltd will supply the new 650,000 barrel-per-day Dangote oil refinery…
ACWA Power Signs $746m Agreements for Power Generation
ACWA Power has signed several agreements worth $746m on the sidelines of the Future Investment Initiative…
Brent Oil Hits $90 Amid Israel-Hamas Conflict
Brent oil futures rose above $90 a barrel today after passing the threshold on Friday. This…
IEA Urges Governments to Keep Geopolitics Off Climate Talks
The International Energy Agency urged governments to keep geopolitics out of climate change talks while underlining…