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Global energy transition a “two-headed snake,” Enverus reports

adminJuly 4, 2024

by adminJuly 4, 20240297

Enverus Intelligence Research (EIR), a subsidiary of Enverus, has released a report that assesses global energy transition strategies and examining how political and economic policies

Oil Economy

Oil Rises to Two Month High as US Stockpiles Plummet

adminJuly 4, 2024

by adminJuly 4, 20240207

Oil closed at the highest in more than two months after a government report showed US crude inventories shrinking by the most in almost a

Headline Industry Personalities Oil Economy Opinion

NNPC Ltd Declares State of Emergency on Crude Oil Production

adminJuly 3, 2024

by adminJuly 3, 20240233

… Calls for Collaboration to Reduce Production Cost In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared

Startups

Introducing a simpler way to shop for your solar systems

adminJuly 2, 2024

by adminJuly 2, 20240230

Access to electricity has become an ever-growing challenge in Nigeria. People are faced with skyrocketing fuel prices leaving many in darkness. Businesses struggle, homes are

Mobility

Electric cars dominate list of the biggest used car price drops so far in 2024

adminJuly 2, 2024

by adminJuly 2, 20240273

Electric cars dominate the list of the used cars that have lost the most money so far in 2024 – with some losing more than

Mobility

‘Game-Changer’: Kia EV3 Gets Over 10,000 Reservations In 23 Days

adminJuly 2, 2024

by adminJuly 2, 20240248

In the wake of so many pessimistic news pieces about a slowdown in the EV industry, Kia comes along with its boxy EV3 and asks,

Mobility

Major Japanese insurers to offload $3.1 billion of Honda shares

adminJuly 2, 2024

by adminJuly 2, 20240240

Four of Japan’s top property and casualty insurers and other financial firms plan to sell around 500 billion yen ($3.1 billion) of shares in Honda

Energy Power

Vestas secures 114 MW German order

adminJuly 2, 2024July 2, 2024

by adminJuly 2, 2024July 2, 20240313

Vestas has received a 114 MW order from SAB WindTeam for the wind energy project Ahlum-Dettum in Lower Saxony, Germany. Vestas will deliver 17 V162-6.2

Energy Renewable Energy

Germany, Morocco Partner for Green Hydrogen, Renewables

adminJuly 2, 2024

by adminJuly 2, 20240310

Germany and Morocco are establishing a joint alliance on climate and energy issues. The focus of the new partnership is on increased cooperation in climate

Gas

Egyptian consortium to import U.S. shale gas to tackle short gas supplies

adminJuly 2, 2024

by adminJuly 2, 20240205

Shale gas to address a shortage in natural gas supplies that forced several chemical factories to temporarily shut down twice in June. Sidi Kerir Petrochemicals