Africa Markets Oil & Gas

How Nigeria is losing 600,000 barrels of oil per day

Abuja, Nigeria – In what may be described as a major breakthrough, the Nigerian Government through The Chief Executive of the nation’s petroleum controlling agency, Nigeria National Petroleum Company Limited, Mele Kayari revealed that the Company has uncovered an illegal 4km pipeline connecting the forcados in Delta State to The Sea, and a Loading Port […]

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Digital Transformation Energy & Alternatives Technology and AI

How AI meets energy sector challenges with energy intelligence

As the world continues to change rapidly, the systems of the world are also changing and adapting to the new trends that are heavy on the ease of doing things more effectively and so far in our world today, AI has come to stay and the energy sector is not left out of its adoption and […]

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Biofuels Energy & Alternatives Opinion

Should we use biofuels as a substitute for conventional energy sources?

Biofuels have been frequently proposed as a solution as people are beginning to look towards alternate energy sources. What precisely are biofuels then? What distinguishes them from fossil fuels? How do they get made? And do they offer a long-term remedy to the global energy crisis? These are some of the questions that will run […]

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Energy & Alternatives Solar

Top 7 Reasons to Switch to Solar Energy

Utilize the advantages of solar energy People frequently ponder the question “Why is solar energy good?,” which prevents them from understanding the significance of solar technology. Clearly, solar energy is the hottest renewable energy source today. Homeowners can install solar panels on their roofs, taking full advantage of solar energy’s benefits. There are important reasons […]

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Opinion

Why is the Price of Cooking Gas in Nigeria Rising?

Everywhere you go, people are complaining about it, people are not happy. The issue is the cost of cooking gas in the country. The question on people’s lips is, ‘why is the price of cooking gas in Nigeria rising?’ Judging by current production volume, Nigeria is the world’s 11th largest producer of crude oil. It […]

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Business & Finance Energy Trends Renewables

Why the global energy system and the 10 Pillars of de-carbonization is important

IEA – The International Energy Association has given a holistic overview of the energy system and the key pillars of global decarbonization needed in achieving the net zero scenario by the year 2050. As part of tracking clean energy progress, a report by the International Energy Association has stated that the goal towards achieving a speedy […]

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Oil & Gas Opinion

Should Offshore Drilling be Banned?

Numerous individuals have recently reexamined how safe the environmentally damaging practice of drilling offshore is as a result of recent maritime tragedies associated with oil spills. Many oil firms continue to insist that drilling offshore is secure despite fires, explosions, leaks and significant pollution. Concurrently, environmental organizations and the impacted marine communities push for an […]

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Africa Markets Oil & Gas Opinion

Is Nigeria’s Crude Oil really cursed?

Opinion – Nigeria’s crude oil was reportedly first discovered in Oloibiri in the Niger Delta region of the country in 1956. This commercial discovery of oil in Nigeria brought to an end over fifty (50) years of failed oil exploration and ushered Nigeria into the comity of oil producing nations and with the successful discovery and […]

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North America

OPEC+ Cut Poses New Threat to Biden

Amid what would become a 98-day streak of declines, President Joe Biden was quick to take credit in August over one of his most serious political foes: high gasoline prices. It was a victory lap that may soon prove premature. More than a month after tweeting he had vanquished “Putin’s price hike at the pump,” […]

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Business & Finance

Africa Sees Record Venture Capital Investment, Bucking Global Decline

Johannesburg — African startups attracted a record $3.5 billion in venture capital investment in the first half of this year, bucking a global decline in dealmaking linked to worldwide economic turmoil, data released by an industry group showed on Tuesday. The funding, raised by 300 different companies, represents a growth of 133% compared to the […]

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