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Oil & Gas

CREATING SOLAR PANELS THAT CONVERT CARBON DIOXIDE INTO FUEL.

Researchers have created a groundbreaking type of solar panel, dubbed an "artificial leaf," that uses only sunlight to convert carbon dioxide into liquid fuels and other high-value chemicals.

  • 1 year, 3 months
Oil & Gas

GULF STATES PLAN $6 BILLION IN AFRICA INVESTMENTS.

Gulf countries are making bold moves to transform Africa’s energy landscape with a $6 billion investment in oil and renewable projects. This game changing initiative promises to boost energy access, fuel economic growth, and deepen global partnerships discover how this strategic shift could reshape the future of energy across two continents.

  • 1 year, 3 months
Oil & Gas

IMF CUTS 2025 MENA GROWTH FORECAST TO 2.6% AMID GLOBAL TRADE TENSIONS AND FALLING OIL PRICES.

The International Monetary Fund has lowered its 2025 growth forecast for the Middle East and North Africa to 2.6%, citing global trade tensions, falling oil prices, and regional economic pressures. As uncertainty grows, this update sheds light on the challenges ahead and the urgent reforms needed to stabilize and strengthen the region’s economy. Don’t miss the full story behind this critical economic shift.

  • 1 year, 3 months
Oil & Gas

TOTALENERGIES Q1 PROFITS FALL ON LOWER OIL PRICES, WEAK REFINING MARGINS.

TotalEnergies experienced a 17% drop in Q1 2025 profits, bringing in $4.2 billion, mainly due to declining oil prices and weak refining margins in Europe. However, the company offset some of the impact with a 4% rise in oil and gas output and an 18% boost in electricity generation, showing resilience in its diversified energy portfolio.

  • 1 year, 3 months
Oil & Gas

OIL AND GAS INVESTOR AFREXIMBANK EARNARK $3 BILLIONS TO SUPPORT LOCALLY REFINED PRODUCTIONS.

Africa is taking charge of its energy future! Afreximbank has launched a bold $3 billion initiative to boost local refining and cut dependence on costly fuel imports. With major investments already fueling new refineries and a vision to triple Africa’s refining capacity, the continent is gearing up for an energy revolution.

  • 1 year, 3 months
Oil & Gas

ENI COMFIRMS OIL DISCOVERY IN NAMIBIA'S OFFSHORE.

A major offshore oil discovery in Namibia’s Orange Basin is drawing global attention, marking a significant milestone for the country’s energy ambitions. The Capricornus 1-X well has delivered highly promising results, with excellent reservoir quality, 38 meters of net pay, and light oil with minimal impurities—positioning it as a commercially attractive find. Operated by Rhino Resources and supported by global players like Eni and bp through Azule Energy, this discovery not only highlights the geological richness of the region but also reinforces investor confidence in Namibia’s growing role in the global oil and gas landscape.

  • 1 year, 3 months