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NIGERIA IS OPEC'S LARGEST OIL PRODUCER IN AFRICA.
The ranking of the largest African oil producers in OPEC during the first quarter of this year reveals disparities in average production across the continent. Some countries implemented voluntary cuts while adhering to the production reduction policy of the OPEC+ alliance.
- 2 years, 1 month
U.S. TO CONVERT OIL RIGS INTO MISSILE BASES IN PACIFIC DEFENSE STRATEGY AGAINST CHINA.
The United States is planning to repurpose oil rigs into a missile base, a strategic move aimed at strengthening its defense capabilities against potential Chinese threats in the Pacific. Naval engineering firm Gibbs & Cox has introduced the Modip project, which seeks to convert inactive oil rigs in the western Pacific into mobile missile defense bases to counter Chinese weapons.
- 2 years, 1 month
ALGERIAN GAS TURBINE PLANT ANNOUNCES FIRST STEP IN AFRICA.
The Algerian gas turbine plant has taken a significant step forward, marking a first in Africa and adding to its achievements by securing a substantial share of the exports for a crucial component of power plants.
- 2 years, 1 month
ASIAN LNG PRICES SOAR ON FEARS OF WIDER MIDDLE EAST CONFLICT.
Spot LNG prices in Asia surged to their highest level since January amid concerns of escalating conflict in the Middle East.
- 2 years, 1 month
U.S. TO SET UP GLOBAL CARBON LEAKAGE TASK FORCE.
The U.S. federal government plans to establish a specialized task force to address global carbon emissions resulting from trade and manufacturing activities.
- 2 years, 1 month
GLOBALLY ADDED WIND CAPACITY JUMPS 50% AND SETS RECORD.
In 2023, global wind capacity surged to a new peak of nearly 117 GW, a testament to growing government support and ambition despite challenging economic conditions marked by high interest rates and inflation.
- 2 years, 1 month
Africa Energy Insights (AEI) is an African platform with latest news, insights and investment report of Energy Sectors. We bridging the gap and mobilizes investment in Energy resources for Sustainable and reliable Energy supply.