EIA reports sudden oil reserves rise for public US companies
The Energy Information Administration (EIA) reports that the publicly traded oil and gas companies had on Monday recorded an increase in proved reserves for last...
Category : In the News
Our 2025 routine gas flare down target hasn’t changed – Seplat Energy
All projects to achieve that milestone are intact “For Nigeria, it is important we use what we have (which is gas) to address the energy...
Seplat Energy reasserts its commitment to revolutionizing the Nigeria’s gas sector
Company’s gas processing capacity to hit 850 Million standard cubic feet daily Vows to help address Nigeria’s energy deficit Reaffirming its grip on the industry...
Egbin Power Bags Triple ISO Certifications, Reinforces Commitment to Operational Excellence
Egbin Power Plc, Nigeria’s largest power generation company, has been given triple ISO Certifications, in recognition of its “unwavering commitment to high operational standards and...
EIA makes a U-turn, raises forecast for US crude oil demand
Price Outlook for 2024 – 2025 reviewed downward The EIA has revised the United States petroleum and other liquid fuels consumption averaging 20.5 million barrels...
Russia, Iraq and Kazakhstan reassure commitment to OPEC-Plus
Russia, alongside Iraq and Kazakhstan have submitted their compensation plans to the OPEC Secretariat for overproduced crude volumes for the first six months of 2024....
AfDB’s capital increase moves from $201 billion to $318 – Adesina
Briefs African leaders on Bank’s progress in mobilizing financial resources for the continent The bank entered the year with a landmark $750 million “hybrid capital”,...
Google’s carbon emissions soar by 48% due to AI
Google may not be achieving its net-zero emission target by 2030 in spite of its efforts and commitments according to reports as its carbon emissions...