Dubai is charting an ambitious course to achieve 100% clean energy by 2050, driven by visionary leadership and a commitment to sustainability. Anchored by the UAE Net Zero by 2050 Strategy, the Dubai Clean Energy Strategy 2050, and the Dubai Net Zero Carbon Emissions Strategy 2050, the Emirate is positioning itself as a global leader […]Read More
July 31, 2025 Shell posted better-than-expected earnings for the second quarter, as reduced expenses and higher marketing margins partly offset lower oil and gas prices and weaker trading results. Shell on Thursday reported adjusted earnings of $4.26 billion for the second quarter, down by 24% from the first quarter and down 32% from a year earlier. Still, […]Read More
Abuja, Nigeria, 30 July 2025—The Nigerian National Petroleum Company Limited (NNPC) Ltd has officially ruled out sale of the Port Harcourt Refining Company, reaffirming its commitment to completing high-graded rehabilitation and retention of the plant. The Group Chief Executive Officer (GCEO) of NNPC Limited, Bashir Bayo Ojulari, announced this at a company-wide town hall meeting […]Read More
Lagos, Nigeria, July 28, 2025: Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited and CNL, confirms that it is aware of media reports alleging an ongoing spill in CNL’s Berth Offshore Platform (“BOP”) impacting communities in Ilaje Local Government Area of Ondo State in CNL’s western operations […]Read More
… our engineers are now expatriates in UAE, other countries – Dangote The Federal Government (FG) has commended the Dangote Petroleum Refinery for its outstanding engineering achievements and its significant investment in developing young Nigerian talent. Nigeria’s Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, lauded the Refinery for its dual focus on world-class […]Read More
Jul 29, 2025 Floating LNG is having its moment. Once dismissed as costly and unreliable, it is now one of the fastest-growing segments in the gas industry—analysts at Rystad Energy say global floating capacity is on track to more than triple by 2030, reaching 42 million tonnes per annum (Mtpa), and climbing to 55 Mtpa […]Read More
July 29, 2025 The Rural Electrification Agency (REA) on Monday signed multiple Memoranda of Understanding with key institutions and private sector players, targeting over N500bn in private-sector-led investments and significant infrastructure deployments across underserved communities. The event, themed “Strengthening Partnership for Sustainable Energy Access and Socio-Economic Development”, took place in Abuja, gathering stakeholders from the […]Read More
July 29, 2025 Oil prices held onto recent gains in early Asian trading on Wednesday, buoyed by a complex mix of geopolitical risks, tightening trade policies, and anticipation surrounding the U.S. Federal Reserve’s upcoming interest rate decision. After surging more than 3% on Tuesday, both major crude benchmarks saw modest gains in early Asian trade. At […]Read More
July 28, 2025 …OSC to build South-South technology centre in Africa as VP Shettima lauds President Tinubu’s leadership. In pursuance of its Green Legacy Programme, the Federal Government of Nigeria has initiated the signing of a Memorandum of Understanding (MoU) with a consortium comprising the Dalberg Group and Campo Group. This is just as the […]Read More
JulY 29, 2025 Egypt turned from a net LNG exporter to a net LNG importer at the end of 2024 as the country imported last year the highest number of LNG cargoes in years as it looked to ease the strain on its grid and industry amid energy shortages that led to rolling blackouts last summer. The […]Read More
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