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CATEGORY

Energy

GE Vernova’s Hydro Power Business Commissions Four 175 MW units for Nigeria’s Zungeru Hydro Plant

GE Vernova’s (www.GEVernova.com) Hydro Power business has completed the commissioning of the 4 (four) 175 MW Francis hydropower turbines and generators at the Zungeru...

Oil Prices To Soar If Iran Jumps Into Hamas-Israel War

Pioneer Natural Resources CEO Scott Sheffield said oil prices could soar significantly if Iran becomes directly involved in Hamas’ attack on Israel . “If Iran...

Mercuria Sees Oil Hitting $100 a Barrel on Middle East War

The deputy CEO of commodity trader Mercuria, Magid Shenouda, said on Wednesday that oil could go to $100 a barrel if the situation in...

Moody’s Forecasts $85 Per Barrel For Crude Oil Prices

Vikash Halan, Associate Managing Director of Corporate Finance at Moody's Investors Services expects crude oil prices to average $85 per barrel for the rest...

Naira May Strengthen as Oil, Gas Prices Surge on Mid-East Turmoil

The Nigerian naira may get some respite from its recent persistent slide against the dollar as turmoil in the Middle East leads to a...

Oil Prices Dip on Middle East Turmoil

Oil prices edged down slightly on Tuesday after gaining more than 4% in the previous session as markets weighed the potential for supply disruptions...

OPEC: Oil Industry Needs $14 Trillion Investment

Organization of the Petroleum Exporting Countries (OPEC) said the world needs $14 trillion in cumulative investments in the oil industry by 2045 to ensure...

Hamas Attack: Chevron Shuts Down Israeli Natural Gas Field

Following this weekend’s attack by Hamas on Israel, Chevron, the operator of the Tamar gas field offshore southern Israel, has shut down production at...

Full List: 11 Newly Licensed Independent Electricity Distribution Network Operators

The Federal Government has announced that it had issued licenses to 17 Independent Electricity Distribution Network operators, among which 11 are currently operational. This was disclosed...

India, Saudi Arabia Sign MoU On Green Hydrogen

India and Saudi Arabia have signed a Memorandum of Understanding (MoU) in electrical interconnections, green/clean hydrogen and supply chains. While regular B2B meetings will...

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